Iranian lawmakers approved a decision to close the vital oil shipping route after the U.S. strikes on its nuclear facilities ...

Closing the Strait of Hormuz, where 20% of the world’s oil passes through, would hurt Iran’s own exports and antagonize ...

An Iranian closure of the Strait of Hormuz would be dangerous and "not good for anybody", the European Union's top diplomat ...

From the perspective of the global oil economy, there are few places as strategically important as the Strait of Hormuz.

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 ...

The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes in the country.

Goldman Sachs flagged risks to global energy supply amid concerns over a potential disruption in the Strait of Hormuz that ...

Tehran can cause the price of oil to spike, but it will hurt itself more.

As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to ...

Iran has a number of options to disrupt ships moving through the Strait of Hormuz-the route for 40% of the world’s tanker ...

In 2024, average daily exports stood at 20.3 million barrels of crude oil and 290 million cubic meters of liquefied natural ...

The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.