As the conflict escalates, container shipping faces growing risks from a potential chokepoint closure, rising insurance costs ...

The Strait of Hormuz is one of the busiest shipping routes in the world and provides the only sea passage from the Persian ...

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

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

The CEO of Italian energy company Eni said on Wednesday oil markets are signalling that an escalation between Israel and Iran ...

The Iranian government reveals its plan to close the Strait of Hormuz, a crucial waterway responsible for 20 percent of the ...

Discover the Strait of Hormuz: its map, critical importance, key facts, and role as a vital chokepoint for global oil transit ...

Crude futures were lower and ING said the market’s biggest fear is the Strait of Hormuz shutting down, with significant disruption to oil flows sufficient to push prices to $120 a barrel.

Two giant ocean-going tankers collided and caught fire and two other ships were approached by Iranian boats near the Strait ...

Escalating conflict between Israel and Iran is raising fresh concerns over Asia’s energy security, analysts said on Tuesday, ...

Amid the ongoing tensions between Israel and Iran, ExxonMobil's CEO says there's enough spare capacity to offset any Iranian ...