The war between Israel and Iran has raised concerns that Iran could retaliate by trying to close the Strait of Hormuz, the world’s most important oil chokepoint due to the large volumes of crude that ...

Tanker operators in the Strait of Hormuz are facing higher shipping and insurance costs, despite a drop in oil prices, as investors wait to see what happens to the world’s most important crude ...

Foreign Secretary David Lammy has issued a strong warning to Iran against blocking the Strait of Hormuz, calling it a "catastrophic mistake" that would have severe consequences. The Strait of Hormuz ...

The United States launched military strikes on three Iranian nuclear facilities Sunday morning local time, an action President Trump said aimed to neutralize a threat ...

The Strait of Hormuz is identified as one of the world's most critical oil chokepoints, with a staggering volume of oil passing through it annually. A potential closure of the Strait of Hormuz could ...

While it appears as though a temporary ceasefire may be on the horizon, the war between Israel and Iran is likely to linger into the future, with the U.S. now involved to a degree after last weekend's ...

A narrow passage of water called the Strait of Hormuz is the primary route for Middle Eastern countries shipping oil and petroleum products from the Persian Gulf to the rest of the world. Iran has ...

While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the United States — have rattled investors, sending oil futures soaring by around ...

Despite fears about how oil shipments could be affected if Iran targets tanker traffic moving through the Strait of Hormuz, global supply remains strong. Escalating conflict in Iran has pushed oil ...

Oil tanker traffic through the Strait of Hormuz recovered to nearly normal levels as concerns about security in the region eased following the ceasefire between Iran and Israel, Bloomberg reported ...

The U.S. bombing of Iranian nuclear sites impacts oil in more ways than one Tanker operators in the Strait of Hormuz are facing higher shipping and insurance costs, despite a drop in oil prices, as ...