News

From the perspective of the global oil economy, there are few places as strategically important as the Strait of Hormuz.
The Iranian parliament on Sunday approved closure of the Strait of Hormuz, though the final decision will be made by Iran’s ...
Around 84 per cent of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, ...
The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.
Iran has control over the shipping chokepoint that handles much of China’s imported oil, and Beijing will get daily updates ...
India, China, South Korea and Japan could be among the Asian countries facing pain at the pump if Iran decides to close the ...
Energy expert Gabriella Hoffman argues Iran's retaliatory actions to U.S. strikes will backfire against its allies and ...
China’s Foreign Ministry called for greater efforts to maintain stability in the critical shipping lanes of the Persian Gulf, ...