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.

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

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

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

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

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

The Emirati national guard says it has evacuated 24 people from an oil tanker after a collision between two ships just east ...

No injuries were reported after a collision of two crude oil tankers sparked a fire near the Strait of Hormuz.

The number of container vessels slowing down at the Strait of Hormuz is more than three times the normal level, said Ami ...

Two oil tankers collided and caught fire near the Strait of Hormuz Wednesday night. Electronic interference was reported in the region.

Iran's missile arsenal is already positioned to hit US forces in Bahrain, Qatar, and the UAE so no additional preparation is ...

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