News

When Iran targeted ships in the Strait of Hormuz in the 1980s, the U.S. Navy escorted ships through the strait. This June, even without a formal closure, some oil tankers and supertankers — which can ...
Washington's strikes on Iran stoked fears that Iran could retaliate by closing the Strait of Hormuz, a waterway between Iran and Oman through which around 20 per cent of the oil and gas consumed ...
Europe's dwindling oil and gas reserves limit its ability to buffer global shocks, reinforcing the need for alternatives.
Iran's threat to block the world's most vital oil transit point has raised fears of major global economic consequences.
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, they warned.
The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard. ... Oil prices are now up about 10% since Israel's strikes on Iran in June.
Saudi Arabia is the largest oil exporter that relies on the Strait and accounts for nearly 40% of the oil exports that pass ...
Tanker operators in the Strait of Hormuz are facing higher shipping and insurance costs, despite a drop in oil prices, as investors wait to see what happens to the world’s most important crude ...
Crude oil prices remain subdued near $68/barrel despite recent Middle East tensions, as markets grapple with oversupply fears ...
It appears that Iran was not very close to trying to block shipping through the Strait of Hormuz. That’s what Edward L. Morse ...
Asked for comment about Iran's preparations, a White House official said: "Thanks to the President’s brilliant execution of ...
Tanker operators in the Strait of Hormuz are facing higher shipping and insurance costs, despite a drop in oil prices, as investors wait to see what happens to the world's most important crude ...