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As the conflict between Israel and Iran intensifies, speculation is rising about whether the Iranians will close the Strait ...
* About a fifth of the volume of the world's total oil consumption passes through the Strait on a daily basis. An average of ...
Tensions in West Asia raise concerns over oil markets as Iran-Israel clashes threaten Strait of Hormuz closure.
Despite the strategic importance of the Strait of Hormuz, oil markets currently show little reaction to escalating regional ...
East and there are already knock-on effects impacting economies globally, including with higher prices for gasoline at the pumps.
Geopolitical shocks continue to impact the oil market as prices spike in response to the Israel-Iran conflict. With the US ...
The recent military clash between Iran and Israel has sent shockwaves through global energy markets, causing oil prices to ...
Occidental Petroleum Corporation (NYSE:OXY) is one of the 10 best oil and gas stocks to buy now. On May 9, JPMorgan lowered ...
The scramble to reassess shipping insurance costs reflects the deteriorating security environment in the Middle East.
Many times, we feel that global conflicts are too far away to affect us. But the truth is, events happening thousands of ...
The Strait of Hormuz handles over one-sixth of global oil trade—here’s why its closure could rattle global markets.
Commercial ships are sailing close to Oman and are being advised by maritime agencies to avoid Iran's waters around the ...