News

The Strait of Hormuz matters enormously because it channels roughly one‑fifth to one‑quarter of the world's oil supply, ...
Jakob Larsen, head of security at Bimco, said some shipowners have already paused transits in the Strait of Hormuz due to the ...
The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes in the country.
As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to ...
Iranian officials have threatened to mine the waterway, which is a key shipping route for oil and gas. One way that Iran ...
Two large Chinese-operated crude carriers went off course as they tried to enter the Strait of Hormuz, after their navigation ...
The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.
An Iranian closure of the Strait of Hormuz would be dangerous and "not good for anybody", the European Union's top diplomat ...