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Most of the oil that goes through the strait heads to Asia, but the U.S. would still feel the effects of the closure at the pump.
A prominent adviser to Ayatollah Ali Khamenei, Iran’s supreme leader, has already called for the closure of the Strait. A ...
Here’s what to know about the Strait of Hormuz, its grave importance, and what stands to happen if the passage is disrupted ...
The impact of the United States entering the conflict between Israel and Iran is already being felt at the gas pump in ...
U.S. stocks are drifting, and oil prices are flip-flopping following the United States’ bunker-busting entry into Israel’s ...
LNG shipping thrives amid geopolitical tensions with flexible contracts, advanced tech, and strong outlook, despite U.S.
President Donald Trump is calling for the U.S. and other oil-producing economies to pump more oil as crude prices remain ...
SYDNEY (Reuters) -Wall Street futures rose and the dollar eased in Asia on Tuesday after U.S. President Donald Trump said ...
The price of crude oil plunged Monday afternoon, following Iran's retaliatory attacks targeting a U.S. military base in Qatar ...
RBN Energy executive Rusty Braziel told CNBC’s Jim Cramer on Monday that he doubts Iran will close off the Strait of Hormuz.
Following America's bombing of nuclear sites in the Middle East, petroleum analysts stated they anticipate an increase in oil and gasoline prices.
With growing uncertainty in the Middle East, concerns are rising about increasing gas prices—both nationally and in Arkansas.