International energy traders are bracing for disruptions after Iran’s parliament endorsed the closure of the Strait of Hormuz, a crucial choke point for the world’s oil supply, with the ultimate ...

Tanker operators in the Strait of Hormuz are facing higher shipping and insurance costs, despite a drop in oil prices, as investors wait to see what happens to the world’s most important crude ...

Iran may be threatening to close the Strait of Hormuz, but experts told CNBC that it’s also the one with the most to lose. In a major move after U.S. struck Iranian nuclear sites, the country’s ...

Iran has staged a major naval drill in the Strait of Hormuz, just 24 hours after the GCC–Italy summit backed the UAE’s claim over Greater Tunb, Lesser Tunb, and Abu Musa. Tehran has fiercely rejected ...

Chief of the Islamic Revolution Guard Corps (IRGC) warned that no country can diminish the global importance of the Strait of ...

The Strait of Hormuz is identified as one of the world's most critical oil chokepoints, with a staggering volume of oil passing through it annually. A potential closure of the Strait of Hormuz could ...

Hong Kong (CNN) — While there have been no major disruptions to the global oil supply so far, the attacks on Iran – by Israel and then the US – have rattled investors, sending oil futures soaring by ...

Iranian forces seized a Marshall Islands-flagged tanker in the Strait of Hormuz, the first confirmed capture of a commercial vessel by Tehran since its June clashes with Israel and the United States, ...

Iran on Saturday confirmed the seizure of a Marshall Islands-flagged oil tanker as it traveled through the narrow Strait of Hormuz over violations, including carrying an illegal consignment, state ...

Iran has launched massive missiles in the Sea of Oman and near the Strait of Hormuz during a naval drill, according to state ...