News

The Strait of Hormuz is considered the world's most important gateway for oil transport. Hostilities between Iran and Israel ...
The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply. Click here for more ...
There are reports that a few shipping lines may be reassessing routes, particularly the choke point of the Strait of Hormuz, ...
Tehran is seriously considering the possibility of closing the Strait of Hormuz to shipping, which will greatly affect world ...
The escalating Israel-Iran conflict has prompted shipowners to exercise an extra degree of caution in both the Red Sea and ...
The oil purchasing market keeps a special eye on the Strait of Hormuz as around a fifth of the world's total oil consumption ...
From a logistical standpoint, re-routing crude through Gwadar to China’s western region of Xinjiang cuts shipping distance by ...
Iran is considering closing the Strait of Hormuz, Iranian news agency IRINN ... which the agency describes as the “world’s most important oil transit chokepoint”. At its narrowest point ...
Conflict between Israel and Iran has rekindled fears of a disruption to a narrow waterway key to the global economy.