News

Strait of Hormuz could be vulnerable to Iran retaliation. Here's what to know about the vital oil trade route.
As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to ...
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 ...
Strait of Hormuz: closing vital oil and gas route would disrupt global supplies. How will Australia be affected?
The closure of the Strait of Hormuz would have potentially devastating flow-on effects for oil supplies and prices in ...
Will India be hit if Iran closes Strait of Hormuz? How will West Asia war impact trade?
With the US inserting itself in the Israel-Iran conflict, more uncertainty grips the world. The Islamic Republic has ...
Japanese ships transiting Strait of Hormuz to minimise time in Gulf
Japan's Nippon Yusen and Mitsui O.S.K. Lines said on Monday they have instructed their vessels to minimise the time spent in ...
Rubio says U.S. is ready to meet with Iran after strikes, warns closing Strait of Hormuz would be "suicidal"
Secretary of State Marco Rubio appeared on "Face the Nation with Margaret Brennan" Sunday and said what happens next "depends ...
Crude Shock: 2 supertankers turn around from Strait of Hormuz amid fears of Iranian retaliation
Identified as South Loyalty and Coswisdom Lake, both the supertankers ‘abruptly’ changed their course, the Bloomberg report ...
China to urge Iran to leave Strait of Hormuz open, avoid military response to US: Strategist
Andy Rothman, founder of Sinology, talks about China's position in the Middle East conflict, and why it's likelier to urge ...