Beijing 'strongly” condemns the attacks on Iran, according to a four-sentence statement from the Foreign Ministry on Sunday.

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

The Strait of Hormuz, through which around a fifth of the global oil supply is transported every day, remains at the centre of attention on Monday.

The world is watching to see whether Tehran responds to the U.S. military strikes as leaders urge Iran to negotiate.

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 ...

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 ...

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

When you click on “Accept all”, you consent to ads on this site being customized to a personal profile we or our advertising ...

The rise comes after Iran's parliament backed closing the critical Strait of Hormuz, where about 20% of the world's oil ...

Iran vowed to defend itself on Sunday, a day after the US joined Israel in the biggest Western military action against the country since its 1979 Islamic Revolution, despite calls for restraint and a ...

US Secretary of State Marco Rubio on Sunday called on China to encourage Iran not to shut down the Strait of Hormuz after ...

Though seen as a drastic option, the most powerful tool Iran has to shock the global economy and hurt the U.S. is to close traffic on the strait, said Danske Bank chief analyst Minna Kuusisto. Doing ...