East and there are already knock-on effects impacting economies globally, including with higher prices for gasoline at the ...

This has stoked speculation that Iran’s leadership may reach for another way to pressure its enemies to relent — blocking or ...

The CEO of Italian energy company Eni said on Wednesday oil markets are signalling that an escalation between Israel and Iran ...

Former Iranian Economy Minister Ehsan Khandouzi has said that tankers and LNG cargoes should only transit the Strait of ...

Conflict between Israel and Iran has rekindled fears of a disruption to a narrow waterway key to the global economy.

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 ...

* 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 Iranian government reveals its plan to close the Strait of Hormuz, a crucial waterway responsible for 20 percent of the ...

Iran’s central role in the global oil ecosystem is back in sharp focus as escalating tensions with Israel push crude oil ...

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