The Straits are the only sea route from the Persian Gulf to the open ocean, and about 20% of the world's oil transits the ...

Amidst rising tensions, concerns escalate over potential disruptions to global oil supply via the Strait of Hormuz. While a ...

United States Secretary of State Marco Rubio turned to China on Sunday to prevent Iran from closing the Strait of Hormuz, one ...

TradeWinds is the essential source of global shipping business news and commentary. Our subscription service offers the ...

Iran’s Parliament has approved a proposal to close the Strait of Hormuz following recent US airstrikes on Iranian nuclear ...

Asia buys more than four-fifths of all the crude produced in the Middle East, and 90 per cent of that goes through the Strait of Hormuz ...

US President Donald Trump announced on Saturday that the American military had “totally obliterated” three of Iran’s nuclear sites. Tehran has threatened to target US bases in the Persian Gulf and ...

Following the US airstrikes on Iranian nuclear sites, oil prices have surged by up to 2% and US stock futures Asian stocks ...

Brent Crude futures rose today amid fears of Iranian retaliation in the wake of America's bombing of three of its nuclear ...

A full closure of Hormuz for more than a few hours or days is a nightmare scenario that many observers think improbable.