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Britain cautioned Iran Monday that attempts to block the Strait of Hormuz or to strike at American military facilities in the ...
By Trixie Yap, Siyi Liu and Jonathan Saul SINGAPORE/LONDON (Reuters) -At least two supertankers made U-turns near the Strait ...
The Strait of Hormuz matters enormously because it channels roughly one‑fifth to one‑quarter of the world's oil supply, ...
Iran's threat to block the world's most vital oil transit point has raised fears of major global economic consequences.
The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.
The Straits are the only sea route from the Persian Gulf to the open ocean, and about 20% of the world’s oil transits the ...
China called for stability for shipping routes in the Middle East after Iran said Sunday its parliament voted to close the ...
As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to ...
Tehran can cause the price of oil to spike, but it will hurt itself more.
Iran’s foreign minister warned earlier Sunday that the Islamic Republic “reserves all options to defend its sovereignty” ...
A potential blockade of the Strait of Hormuz, a vital route for oil exports, threatens Asian economies heavily reliant on ...
Iran has control over the shipping chokepoint that handles much of China’s imported oil, and Beijing will get daily updates ...