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 ...

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 ...

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

TradeWinds is the essential source of global shipping business news and commentary. Our subscription service offers the ...

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

SCI shares rose after US' strikes on Iran as the company’s exposure to crude oil transportation may lead to higher freight ...

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

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

Hours after Iran’s parliament passed a motion in support of the closure of the Strait of Hormuz on Sunday (22 June), India's ...

US President Donald Trump announced on Saturday that the American military had “totally obliterated” three of Iran’s nuclear sites. Tehran has threatened to target US bases in the Persian Gulf and ...