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Iran approves closure of Strait of Hormuz, a vital oil and gas route
The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes in the country.
Goldman Sachs warns of oil price surge on Strait of Hormuz risks
Goldman Sachs flagged risks to global energy supply amid concerns over a potential disruption in the Strait of Hormuz that ...
How Could Strait of Hormuz Closure Impact Americans?
If Iran closes the Strait of Hormuz, gas prices in the U.S. could surge due to disrupted global oil shipments.
Blocking Strait of Hormuz vital oil route would be ‘economic suicide’ promises Marco Rubio
In a tense standoff, the world watches as Iran contemplates a move that could send shockwaves through global economies. The ...
Strait of Hormuz: Iran may shut down strait, US urges China to dissuade Tehran; why it matters
Strait of Hormuz to be closed? The US has reached out to China to dissuade Iran to not shut the strait, calling it "economic ...
Strait of Hormuz situation to not affect India's oil supply, will ensure stability of fuel supplies: Hardeep Singh Puri
Petroleum minister's statement comes at a crucial time when oil markets are expected to open sharply higher after US' ...
Oil prices hit 5-month high after US strikes Iran nuclear sites
The Iranian parliament has voted to close the Strait of Hormuz, although the final decision still lies with the country's top ...