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The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.
All eyes are now on the Strait of Hormuz, a 90-mile strip critical to global oil prices.
India imports around 50 percent of its total natural gas requirement, out of which over 50 percent is supplied by two Gulf ...
Around 84 percent of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, ...
Officials from the UK and European Union are pushing for diplomacy as Iran mulls closing the Strait of Hormuz in response to ...
Global oil prices are surging. It is the clearest signal yet that instability in the Middle East will spill over, after ...
US Secretary of State Marco Rubio has urged China to persuade Iran to keep the Strait of Hormuz in operation in wake of Trump ...
Two supertankers, each capable of hauling about 2 million barrels of crude, headed through the Hormuz shipping strait at the ...
Iran's parliament has approved closing the Strait of Hormuz, a key oil corridor, following strikes on its nuclear sites. US ...
The US stock market is expected to open lower, with oil prices showing gains on Monday, and investors are closely monitoring the Strait of Hormuz situation.
Experts warn that any disruptions could cause crude prices to soar, raising significant concerns about economic impacts in ...