News

The Iranian parliament on Sunday approved closure of the Strait of Hormuz, though the final decision will be made by Iran’s ...
From the perspective of the global oil economy, there are few places as strategically important as the Strait of Hormuz.
Iranian officials have threatened to mine the waterway, which is a key shipping route for oil and gas. One way that Iran ...
The Strait of Hormuz matters enormously because it channels roughly one‑fifth to one‑quarter of the world's oil supply, ...
Ocean freight rates from Shanghai to the Port of Khor Fakkan on the United Arab Emirates' Indian Ocean coastline are up 76% ...
Energy expert Gabriella Hoffman argues Iran's retaliatory actions to U.S. strikes will backfire against its allies and ...
SINGAPORE/LONDON (Reuters) -At least two supertankers made U-turns near the Strait of Hormuz following U.S. military strikes ...