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The war between Israel and Iran has raised concerns that Iran could try to close the Strait of Hormuz, the world’s most ...
Naval forces in the Middle East warned that ships, especially U.S.-linked ones, could be at heightened risk after the U.S.
While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — ...
As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to ...
Britain cautioned Iran Monday that attempts to block the Strait of Hormuz or to strike at American military facilities in the ...
A notable event occurred between early Sunday and early Monday, when at least six vessels diverted their courses.
Jakob Larsen, head of security at Bimco, said some shipowners have already paused transits in the Strait of Hormuz due to the ...
Tehran can cause the price of oil to spike, but it will hurt itself more.
The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.
Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to U.S. and Israeli strikes on Iranian nuclear facilities.
The world’s largest shipping trade group, Bimco, says several operators have begun halting transits through the narrow waterway.
Iran also has an array of mines that its navy could lay in the Strait of Hormuz. The narrow 90-mile waterway connecting the Persian Gulf to the open ocean is a key shipping route. A quarter of the ...