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 handles over one-sixth of global oil trade—here’s why its closure could rattle global markets.

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 ...

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 oil purchasing market keeps a special eye on the Strait of Hormuz as around a fifth of the world's total oil consumption ...

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

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

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

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