Iran threatened to close the Strait of Hormuz, in what would serve as another act of retaliation, after the U.S. launched strikes on three key Iranian nuclear facilities over the weekend. While there ...

The war between Israel and Iran has raised concerns that Iran could retaliate by trying to close the Strait of Hormuz, the world’s most important oil chokepoint due to the large volumes of crude that ...

Faced with the prospect of continuing Israeli airstrikes and further American involvement, Iran’s parliament has reportedly approved plans to close the strait of Hormuz. This is potentially a very ...

Chief of the Islamic Revolution Guard Corps (IRGC) warned that no country can diminish the global importance of the Strait of ...

Iran controls the northern side of this waterway critical for oil exports and the global economy Iran controls the northern side of this waterway critical for oil exports and the global economy Iran ...

While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the United States — have rattled investors, sending oil futures soaring by around ...