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Half a dozen ships have diverted course on the way to the Strait of Hormuz, the crucial waterway connecting the energy-rich ...
From the perspective of the global oil economy, there are few places as strategically important as the Strait of Hormuz.
Iranian officials have threatened to mine the waterway, which is a key shipping route for oil and gas. One way that Iran ...
A notable event occurred between early Sunday and early Monday, when at least six vessels diverted their courses.
Two supertankers both capable of hauling about 2 million barrels of crude U-turned in the Strait of Hormuz after US ...