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 ...

Iranian lawmaker Esmail Kosari revealed that the possibility of closing the critical Strait of Hormuz is still under review, ...

Iran's threat to block the world's most vital oil transit point has raised fears of major global economic consequences.

"Military measures concerning the Strait of Hormuz have been completed, but no decision has yet been made regarding its (closure) and the matter is still under review," Kosari, a member of the ...

U.S. energy independence helps shield American economy from Iran's threats to block the Strait of Hormuz, where one-fifth of ...

Europe's dwindling oil and gas reserves limit its ability to buffer global shocks, reinforcing the need for alternatives.

The Iranian military loaded naval mines onto vessels in the Persian Gulf last month, a move that intensified concerns in ...

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

Speaking at 16th foundation day of India Foundation, Minister for Petroleum and Natural Gas also points out that India’s ...

The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes on its nuclear sites.

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.

The war between Israel and Iran has raised concerns that Iran could retaliate by trying to close the Strait of Hormuz, the world's most important oil chokepoint due to the large volumes of crude that ...