There are reports that a few shipping lines may be reassessing routes, particularly the choke point of the Strait of Hormuz, ...

The escalating Israel-Iran conflict has prompted shipowners to exercise an extra degree of caution in both the Red Sea and ...

Iran is considering closing the Strait of Hormuz, Iranian news agency IRINN ... which the agency describes as the “world’s most important oil transit chokepoint”. At its narrowest point ...

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

Iran has threatened to block the Strait of Hormuz on several occasions over the years, including in January 2012 in ...

The oil purchasing market keeps a special eye on the Strait of Hormuz as around a fifth of the world's total oil consumption passes through it. Israel-Iran strike news: The tension between Israel ...

Iran considers closing the world’s most important oil corridor following Israeli attacks and the suspension of nuclear talks ...

The UK sent jets and air tankers amid fears Iran will blockade Strait of Hormuz and spark massive oil price hikes.

The Strait of Hormuz, which sees oil flow averaging about 21 million barrels per day (bpd), is rightfully described as the world's most important oil transit chokepoint. It's the main export ...

Rystad Energy's Head of Geopolitical Analysis Jorge Leon said in a market update that,“Israel's strike is a shift in regional dynamics and has pushed the oil risk premium to $8 per barrel. The market ...