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Iran approves closure of Strait of Hormuz, a vital oil and gas route
The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes in the country.
The Strait of Hormuz is crucial for global oil supply. What could a blockage from Iran mean for Australian fuel prices?
Iran has threatened to block the Strait of Hormuz. A disruption of this scale to the world's crucial oil supply could have a ...
How Could Strait of Hormuz Closure Impact Americans?
If Iran closes the Strait of Hormuz, gas prices in the U.S. could surge due to disrupted global oil shipments.
Goldman Sachs warns of oil price surge on Strait of Hormuz risks
Goldman Sachs flagged risks to global energy supply amid concerns over a potential disruption in the Strait of Hormuz that ...
Strait of Hormuz situation to not affect India's oil supply, will ensure stability of fuel supplies: Hardeep Singh Puri
Petroleum minister's statement comes at a crucial time when oil markets are expected to open sharply higher after US' ...
Oil Tanker Collision Near Strait of Hormuz Raises Security Fears
The accident, which the United Arab Emirates said was unrelated to the conflict between Israel and Iran, occurred amid ...
Oil prices jump as market awaits Iran response to attacks
How much higher oil prices might go now depends on how Tehran responds to the attacks. Iran’s parliament's voted to close the Strait Of Hormuz, the narrow waterway at the mouth ...