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

The Strait of Hormuz might look like just a narrow stretch of water, but it’s one of the most important routes for the ...

Hormuz Strait separates Iran from Oman and UAE, connecting the Persian Gulf to the Arabian Sea. Every day, around 20 million barrels of oil transit the Strait ...

There are reports that a few shipping lines may be reassessing routes, particularly the choke point of the Strait of Hormuz, ...

The escalating Israel-Iran conflict has prompted shipowners to exercise an extra degree of caution in both the Red Sea and ...

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

Iranian lawmaker says Tehran considering closing waterway, described as ‘world’s most important oil transit chokepoint’.

As military hostilities keep worsening between Iran and Israel, Tehran is threatening to close the Strait of Hormuz. The strategic waterway is the ‘world’s most important oil transit chokepoint’ — rou ...

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

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

Oil prices were stable on Monday after Iran's oil production infrastructure was excluded from intensification of military ...

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