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 ...

Global energy security faces an increasing threat as the world’s five most vital maritime chokepoints, crucial for global oil and gas transit, are under escalating pressure from conflict, piracy, and ...

Iran may be threatening to close the Strait of Hormuz, but experts told CNBC that it’s also the one with the most to lose. In a major move after U.S. struck Iranian nuclear sites, the country’s ...

Hong Kong (CNN) — While there have been no major disruptions to the global oil supply so far, the attacks on Iran – by Israel and then the US – have rattled investors, sending oil futures soaring by ...

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 ...

The loading of the mines - which have not been deployed in the strait - suggests that Tehran may have been serious about closing one of the world's busiest shipping lanes. The Iranian military loaded ...

Iran on Saturday confirmed the seizure of a Marshall Islands-flagged oil tanker as it traveled through the narrow Strait of Hormuz over violations, including carrying an illegal consignment, state ...

Chief of the Islamic Revolution Guard Corps (IRGC) warned that no country can diminish the global importance of the Strait of ...

HANOI, Vietnam — Asia’s dependence on Middle East oil and gas — and its relatively slow shift to clean energy — make it vulnerable to disruptions in shipments through the Strait of Hormuz, a strategic ...

Iranian forces seized a Marshall Islands-flagged tanker in the Strait of Hormuz, the first confirmed capture of a commercial vessel by Tehran since its June clashes with Israel and the United States, ...

Iran has launched massive missiles in the Sea of Oman and near the Strait of Hormuz during a naval drill, according to state ...