As the conflict escalates, container shipping faces growing risks from a potential chokepoint closure, rising insurance costs ...

Iran and Israel tension have spooked markets due to fears of surging oil prices and inflationary pressures. Read more to find ...

The Strait of Hormuz is considered the world's most important gateway for oil transport. Hostilities between Iran and Israel ...

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

Crude futures were lower and ING said the market’s biggest fear is the Strait of Hormuz shutting down, with significant disruption to oil flows sufficient to push prices to $120 a barrel.

Discover the Strait of Hormuz: its map, critical importance, key facts, and role as a vital chokepoint for global oil transit ...

A tanker collision near the Strait of Hormuz has triggered market jitters over oil supply, with potential ripple effects for ...

Two giant ocean-going tankers collided and caught fire and two other ships were approached by Iranian boats near the Strait ...

Iran, which has denied such intentions, has in the past threatened to close the Strait of Hormuz for traffic in retaliation for Western pressure. Experts have said that any closure of the strait could ...

The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply. Click here for more ...

British maritime security firm Ambrey said that the incident was not security-related, as the days-long conflict between ...