News

From the perspective of the global oil economy, there are few places as strategically important as the Strait of Hormuz.
Goldman Sachs flagged risks to global energy supply amid concerns over a potential disruption in the Strait of Hormuz that ...
The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes in the country.
If Iran closes the Strait of Hormuz, gas prices in the U.S. could surge due to disrupted global oil shipments.
U.S. Secretary of State Marco Rubio on Sunday called on China to encourage Iran to not shut down the Strait of Hormuz after ...
As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to ...
Tehran can cause the price of oil to spike, but it will hurt itself more.
The Iranian Parliament on Sunday approved a measure to close the Strait of Hormuz after the United States bombed three ...
Secretary of State Marco Rubio appeared on "Face the Nation with Margaret Brennan" Sunday and said what happens next "depends ...
As the U.S. began striking Iran’s nuclear facilities, tanker owners and the oil market are on edge to see if Iran follows ...
The closure of the Strait of Hormuz would have potentially devastating flow-on effects for oil supplies and prices in ...