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.

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

Amid escalating tensions between Iran and Israel, the Strait of Hormuz, a critical global oil route, has become a focal point ...

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

Poll: 60% of US voters oppose military involvement in Israel-Iran war; experts warn prolonged conflict may raise oil prices, ...

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 ...

Iran could easily choke off Hormuz Strait - just sinking a few ships and oil tankers with missile or drone attacks could do ...

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

About 21mn barrels of oil from Iran, Iraq, Kuwait, Saudi Arabia, Qatar and the United Arab Emirates pass daily through the narrow waterway separating the Islamic republic from the Gulf states, ...

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

Oil prices were stable on Monday after Iran's oil production infrastructure was excluded from intensification of military ...

Crude oil prices dip as Israel-Iran conflict spares supply lines; traders monitor Strait of Hormuz and OPEC output for ...