From the perspective of the global oil economy, there are few places as strategically important as the Strait of Hormuz.

US Secretary of State Marco Rubio has called on China to prevent Iran from closing the Strait of Hormuz, one of the world's ...

Following US airstrikes on Iranian nuclear sites, two supertankers abruptly reversed course in the Strait of Hormuz, raising ...

Iran has proposed closing the Strait of Hormuz after US strikes, threatening to disrupt global oil flows and raise prices ...

Energy stocks in other Asian markets were broadly higher. Hong Kong-listed shares of Cnooc and Sinopec trimmed early gains and were up 0.8% and 0.25% respectively, at midday. PetroChina fell 0.15% ...

Iran has threatened to block the Strait of Hormuz. A disruption of this scale to the world's crucial oil supply could have a ...

Over 80% of the oil transported through the Strait of Hormuz is consumed by Asia, of which China, India, Japan and South ...

The reason there is concern about the Middle East crisis is the price of oil, especially if energy infrastructure is hit in ...

Analysts said Iran may opt to retaliate to Washington’s attack early on June 22 by shutting the Strait. Read more at ...

Crude oil prices climbed sharply on Monday, reaching their highest levels since January, as escalating military action involving the United States and Israel targeting Iran’s nuclear infrastructure ...

Futures on Wall Street trimmed early losses on Sunday evening local time, even as the US attacked three Iranian nuclear ...

The Israel Defense Force (IDF) said Iran launched a missile strike targeting Central Israel. This comes after the IDF said ...