Strait of Hormuz is used for exporting crude oil to Asia by members of OPEC including Saudi Arabia, Iran, the United Arab ...

According to the International Energy Agency (IEA), approximately 20 million barrels of crude oil and refined products passed ...

The oil purchasing market keeps a special eye on the Strait of Hormuz as around a fifth of the world's total oil consumption ...

Tehran is seriously considering the possibility of closing the Strait of Hormuz to shipping, which will greatly affect world ...

Rystad researchers conclude there is a lower probability of the conflict escalating into a full-blown war and causing a huge ...

Israel's air strikes on Iran are unlikely to cause a major disruption to oil supply, and market analysts believe a full-scale ...

“Closing the Strait of Hormuz or attacking energy infrastructure in the region will spike energy prices, turn all their ...

The world’s largest publicly listed oil tanker company is refusing new contracts to sail into the Gulf through the Strait of ...

Iran is considering closing the Strait of Hormuz, Iranian news agency IRINN ... which the agency describes as the “world’s most important oil transit chokepoint”. At its narrowest point ...

The UK sent jets and air tankers amid fears Iran will blockade Strait of Hormuz and spark massive oil price hikes.

An Iranian Revolutionary Guard vessel watches an American warship in the Strait of Hormuz, May 19, 2023. ... which lies between Oman and Iran, is the world’s most important gateway for oil shipping.

As both Iran and Israel showed no signs of backing off from their attacks, the prospect that Tehran might seek to choke off ...