News

The stretch of water borders the coastline of several Middle East countries, including Iran, and is vital for the global oil ...
A narrow passage of water called the Strait of Hormuz is the primary route for Middle Eastern countries shipping oil and petroleum products from the Persian Gulf to the rest of the world. Iran has ...
Iran's threat to block the world's most vital oil transit point has raised fears of major global economic consequences.
The war between Israel and Iran has raised concerns that Iran could try to close the Strait of Hormuz, the world’s most important oil chokepoint. The strait is between Oman and Iran. About ...
Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to ...
U.S. energy independence helps shield American economy from Iran's threats to block the Strait of Hormuz, where one-fifth of ...
The Iranian military loaded naval mines onto vessels in the Persian Gulf last month, a move that intensified concerns in ...
The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes on its nuclear sites.
Saudi Arabia is the largest oil exporter that relies on the Strait and accounts for nearly 40% of the oil exports that pass ...
Speaking at 16th foundation day of India Foundation, Minister for Petroleum and Natural Gas also points out that India’s ...
As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to block oil trade via the Strait of Hormuz.
We do not think any increase in general Middle East risk or other geopolitical implications was priced in; the Strait of Hormuz was the key factor', analysts at Standard Chartered Bank said.