Tensions are rising sharply in the Middle East after Iran seized a foreign oil tanker in the strategic Gulf of Oman, ...

Tensions are rising sharply in the Middle East after Iran seized a foreign oil tanker in the strategic Gulf of Oman, ...

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 ...

Iran's Parliament approved the closure of the Strait of Hormuz, the most important supply passage of oil, NDTV reported on Sunday, citing state media The decision came after the US joined the ...

Commercial traffic including critical global oil trade continues to flow through the Strait of Hormuz after Israel's attack on Iran, but maritime shipping experts say there will be ongoing risk that ...

Iran has launched a series of missiles in the Sea of Oman and near the Strait of Hormuz during naval exercises. These ...

DUBAI (Reuters) -Hardline Iranian lawmaker Esmail Kosari said any closure of the Strait of Hormuz was still under review but no decision has yet been made, in comments carried by Iran's state media on ...

Recent geopolitical unrest involving Iran, Israel, and the U.S. underscores how critical chokepoints like the Strait of Hormuz expose Europe to global energy disruptions. Europe's dwindling oil and ...

Oil prices have shown more volatility following the Israel-Iran conflict. They rose from $61 at the beginning of the month on the threat of conflict, then jumped after the outbreak. WTI now trades at ...

Rystad Energy's analysis indicates that the world's five most critical maritime chokepoints are facing escalating risks from conflict, piracy, and environmental hazards, posing a growing threat to ...

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 ...

CNN — New York (CNN) — Israel’s unprecedented attack on Iran raises the specter of sharply higher gasoline prices, just as the summer driving season heats up. Up until now, pump prices had been low ...