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

The world’s largest publicly listed oil tanker company is refusing new contracts to sail into the Gulf through the Strait of ...

Hormuz Strait separates Iran from Oman and UAE, connecting the Persian Gulf to the Arabian Sea. Every day, around 20 million barrels of oil transit the Strait ...

Tensions between Israel and Iran have raised fears of disruption in the Strait of Hormuz, a vital route for global oil and ...

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

According to the International Energy Agency (IEA), approximately 20 million barrels of crude oil and refined products passed ...

The Strait of Hormuz is located between Iran to the north and Oman and the United Arab Emirates (UAE) to the south. It connects the Persian Gulf to the Gulf of Oman, and then to the Arabian Sea.

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 ...

“Closing the Strait of Hormuz or attacking energy infrastructure in the region will spike energy prices, turn all their ...

Rystad researchers conclude there is a lower probability of the conflict escalating into a full-blown war and causing a huge ...

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 ...

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