News

As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to ...
The war between Israel and Iran has raised concerns that Iran could retaliate by trying to close the Strait of Hormuz, the ...
The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.
If things were to re-escalate, the Iranian regime could take a worst-case, most damaging counter-measure by blockading the ...
Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to ...
Saudi Arabia is the largest oil exporter that relies on the Strait and accounts for nearly 40% of the oil exports that pass ...
The Iranian military loaded naval mines onto vessels in the Persian Gulf last month, a move that intensified concerns in ...
The closure of the Strait of Hormuz would have potentially devastating flow-on effects for oil supplies and prices in ...
Iran's threat to block the world's most vital oil transit point has raised fears of major global economic consequences.
Oil prices surged to a five-month high on Monday after Iran signalled it may close the strategically critical Strait of Hormuz in retaliation for US strikes on its nuclear facilities. Brent crude rose ...
Oil prices eased off a 5-month high as expectations Iran won't close the Strait of Hormuz for now. But this may still change, ...
Closing the Strait of Hormuz would send oil prices massively higher — at least at first. If Iran blocked the strait, oil prices could shoot as high as $120-$130 per, ...