Rising tensions in the Middle East have reignited fears that Iran could blockade the Strait of Hormuz, a critical oil shipping route. A closure could send shockwaves through global energy markets, ...

WASHINGTON — Secretary of State Marco Rubio called on China to step in to urge Iran not to block the Strait of Hormuz — a trade passage that is crucial for the transit of oil around the world — in ...

The war between Israel and Iran has raised concerns that Iran could retaliate by trying to close the Strait of Hormuz, the world’s most important oil chokepoint due to the large volumes of crude that ...

Iran threatened to close the Strait of Hormuz, in what would serve as another act of retaliation, after the U.S. launched strikes on three key Iranian nuclear facilities over the weekend. While there ...

U.S. Secretary of State Marco Rubio on Sunday called for China to prevent Iran from closing the Strait of Hormuz, one of the most important trade routes for crude oil in the world. "I encourage the ...

The U.S. bombing of Iranian nuclear sites impacts oil in more ways than one Tanker operators in the Strait of Hormuz are facing higher shipping and insurance costs, despite a drop in oil prices, as ...

Revolutionary Guards Navy conducts exercises that state TV says aim to warn enemies that 'any miscalculation would meet a ...

Following scattered attempts at relieving tension between Iran and the U.S., including statements from Iranian officials downplaying the possibility of action in the Persian Gulf, the Iranian navy ...

FILE - The aircraft carrier USS Dwight D. Eisenhower and other warships crosses the Strait of Hormuz into the Persian Gulf on Sunday, Nov. 26, 2023. (Information Technician Second Class Ruskin Naval/U ...

Hong Kong (CNN) — While there have been no major disruptions to the global oil supply so far, the attacks on Iran – by Israel and then the US – have rattled investors, sending oil futures soaring by ...