The Straits are the only sea route from the Persian Gulf to the open ocean, and about 20% of the world’s oil transits the ...

United States Secretary of State Marco Rubio turned to China on Sunday to prevent Iran from closing the Strait of Hormuz, one ...

Amidst rising tensions, concerns escalate over potential disruptions to global oil supply via the Strait of Hormuz. While a ...

The closure of the Strait of Hormuz would have potentially devastating flow-on effects for oil supplies and prices in ...

Iran’s Parliament has approved a proposal to close the Strait of Hormuz following recent US airstrikes on Iranian nuclear ...

Rubio's comments on Fox News' "Sunday Morning Futures with Maria Bartiromo" show came after Iran's Press TV reported that the ...

Following the US airstrikes on Iranian nuclear sites, oil prices have surged by up to 2% and US stock futures Asian stocks ...

The Strait of Hormuz is a narrow waterway connecting the Persian Gulf with the Arabian Sea. It is one of the most important ...

Rubio's comments came after Iran's Press TV reported that the parliament approved a measure to close the Strait of Hormuz, through which around 20 per cent of the world's oil and gas flows.

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

A full closure of Hormuz for more than a few hours or days is a nightmare scenario that many observers think improbable.

In Asian trading early Monday, Taiwan's Taiex fell 1.4% while the Kospi in South Korea initially lost 1% but then regained some lost ground to fall 0.2% to 3,016.71. Much of East Asia depends on oil ...