News

While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — ...
As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to ...
The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes on its nuclear sites.
The war between Israel and Iran has raised concerns that Iran could retaliate by trying to close the Strait of Hormuz, the ...
Iranian officials have threatened to mine the waterway, which is a key shipping route for oil and gas. One way that Iran ...
The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.
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 things were to re-escalate, the Iranian regime could take a worst-case, most damaging counter-measure by blockading the ...
Iran controls the Northern side of the Strait of Hormuz, a passage which sees significant global trade pass through daily. If ...
Iran last disrupted traffic in the Persian Gulf in April last year when it seized an Israel-linked container ship near the ...
Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to ...
Oil prices eased off a 5-month high as expectations Iran won't close the Strait of Hormuz for now. But this may still change, ...