Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to ...

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 ...

The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes on its nuclear sites.

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% since ...

In a letter to the UN Secretary-General, Iranian Foreign Minister Abbas Araqchi said on Sunday that the E3 lacks the legal ...

The Strait of Hormuz, a narrow waterway at the mouth of the Persian Gulf, is rarely far from the center of global tensions. A major shipping route that handles around 26% of the world’s oil ...

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

Iran's parliament reportedly pushed the nation on Sunday to close the Strait of Hormuz, a key chokepoint for oil and gas, but ...

Two supertankers, each capable of hauling about 2 million barrels of crude, headed through the Strait of Hormuz at the mouth of the Persian Gulf, having performed U-turns in the past 24 hours ...

But it doesn’t have the ability to fill the gap if 20 million barrels a day can no longer flow through the strait.Two supertankers, each capable of hauling about 2 million barrels of crude, headed ...