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 ...

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

When US intelligence revealed that Iran had loaded sea mines near the Strait of Hormuz on July 1, it sent an unmistakable ...

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

Iran’s parliament has approved potential closure of Strait of Hormuz in response to US strikes on Iranian nuclear sites, but country’s top security body is yet to take final call.

Around 84 percent of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, South Korea and others vulnerable should Iran blockade the crucial trading ...

While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — have rattled investors, sending oil futures soaring by around 10% since ...

A functioning Strait of Hormuz is “absolutely essential” to the health of the global economy, he said.

The closure of the Strait of Hormuz would have potentially devastating flow-on effects for oil supplies and prices in Australia.

Strait of Hormuz, vital for global oil trade, faces threat amid Iran-Israel conflict, impacting oil prices and shipping.