Iran is thinking about shutting the Strait of Hormuz, according to the reports published in the Iranian news agency IRINN, citing senior hardline politician Esmail Kosari, as the confrontation with ...

* About a fifth of the volume of the world's total oil consumption passes through the Strait on a daily basis. An average of ...

The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply. Click here for more ...

The Strait of Hormuz is both a vital passage point and a permanent point of tension. As long as the world depends on Oil from ...

The Strait of Hormuz is considered the world's most important gateway for oil transport. Hostilities between Iran and Israel ...

Tensions in West Asia raise concerns over oil markets as Iran-Israel clashes threaten Strait of Hormuz closure.

Tensions between Israel and Iran have raised fears of disruption in the Strait of Hormuz, a vital route for global oil and ...

Two oil tankers collided and caught fire near the Strait of Hormuz Wednesday night. Electronic interference was reported in the region.

Tehran is seriously considering the possibility of closing the Strait of Hormuz to shipping, which will greatly affect world ...

From a logistical standpoint, re-routing crude through Gwadar to China’s western region of Xinjiang cuts shipping distance by ...

The escalating Israel-Iran conflict has prompted shipowners to exercise an extra degree of caution in both the Red Sea and ...

Israel launched strikes against Iran on June 13, saying it targeted nuclear facilities, ballistic missile factories and ...