The war between Israel and Iran has raised concerns that Iran could try to close the Strait of Hormuz, the world’s most ...

When Iran targeted ships in the Strait of Hormuz in the 1980s, the U.S. Navy escorted ships through the strait. This June, even without a formal closure, some oil tankers and supertankers — which can ...

If Iran moves to blockade the Strait of Hormuz, prices could spike, but analysts see that scenario as unlikely for now.

Iran and Israel tension have spooked markets due to fears of surging oil prices and inflationary pressures. Read more to find ...

Fewer commercial vessels appear to be entering the Strait of Hormuz, a vital chokepoint for energy exports from the Persian ...

Fewer commercial vessels appear to be entering the Strait of Hormuz, a vital choke point for energy exports from the Persian Gulf to the world, as Israel’s attack on Iran – and signs the US ...

A closure of the Strait would be particularly detrimental to China and other Asian economies which rely on the crude oil and natural gas shipped through the waterway. The EIA estimates that 84% of ...

Some oil tankers are rerouting, pausing, or avoiding the Strait of Hormuz amid escalating Middle East tensions and fresh U.S. strikes on Iran, raising fears of a global oil supply shock.

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 around 10% ...