Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to ...

When Iran targeted ships in the Strait of Hormuz in the 1980s, the U.S. Navy escorted ships through the strait. This June, even without a formal closure, some oil tankers and supertankers — which can ...

IntroductionThe increase in geopolitical tensions in the Middle East recently resulted in Iran threatening to close the ...

A functioning Strait of Hormuz is “absolutely essential” to the health of ... On Sunday, India’s Minister for Petroleum and Natural Gas Hardeep Singh Puri sought to reassure jittery investors on X ...

Last year, an average of about 20 million barrels per day passed through the Strait of Hormuz, which amounts to roughly 20% of liquid petroleum consumed worldwide, according to the U.S. Energy ...

GasBuddy's Patrick De Haan spoke with Fox News Digital on gas prices and markets opened slightly higher, oil down.

The Strait of Hormuz is a narrow, strategically vital waterway that carries a significant portion of the world's oil and liquefied natural gas, making it the most important energy chokepoint globally.

In the U.S., the agency reported that oil imports through the Strait of Hormuz only accounted for 7% of the country's total oil imports and 2% of its liquid petroleum consumption over the same period.

Us President Donald Trump recently said the US could impose 100% tariffs on Russia and “secondary tariffs” on countries ...

As tensions rise in the Persian Gulf, the Strait of Hormuz, through which nearly 40% of India’s crude oil flows, is once again a flashpoint.

Last year, an average of about 20 million barrels per day passed through the Strait of Hormuz, which amounts to roughly 20% of liquid petroleum consumed worldwide, according to the U.S. Energy ...

The EIA estimates that 84% of the crude oil and 83% of the liquefied natural gas that moved through the Strait of Hormuz last year went to Asian markets.China, the largest buyer of Iranian oil ...