News

From the perspective of the global oil economy, there are few places as strategically important as the Strait of Hormuz.
US Secretary of State Marco Rubio has called on China to prevent Iran from closing the Strait of Hormuz, one of the world's ...
Goldman Sachs flagged risks to global energy supply amid concerns over a potential disruption in the Strait of Hormuz that ...
The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes in the country.
Tehran could disrupt vital exports of oil and gas from the region, but history tells us that any disruption would likely be ...
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 ...
The Iranian Parliament on Sunday approved a measure to close the Strait of Hormuz after the United States bombed three ...
With the US inserting itself in the Israel-Iran conflict, more uncertainty grips the world. The Islamic Republic has ...
Iran’s parliament voted to respond to the US strikes by cutting off vital shipping lanes in the Strait of Hormuz, where ...
Energy stocks in other Asian markets were broadly higher. Hong Kong-listed shares of Cnooc and Sinopec trimmed early gains and were up 0.8% and 0.25% respectively, at midday. PetroChina fell 0.15% ...
Iran last disrupted traffic in the Persian Gulf in April last year when it seized an Israel-linked container ship near the Strait of Hormuz, accusing the MSC Aries of violating maritime regulations.