News

In the midst of escalating tensions between Iran and Israel, US Secretary of State Marco Rubio calls on China to prevent Iran ...
With Iran now threating to close the waterway, industrialized nations are on edge.China has called on the international ...
Two large Chinese-operated crude carriers went off course as they tried to enter the Strait of Hormuz, after their navigation ...
The Strait of Hormuz matters enormously because it channels roughly one‑fifth to one‑quarter of the world's oil supply, ...
Iran’s parliament has approved a measure to close the Strait of Hormuz, a vital global trade route, where more than a fifth ...
US stock futures inch up, awaiting Iran's response to a US strike. Oil prices off 5-month highs. Eyes are on whether Iran ...
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 around 10% since ...
China called for stability for shipping routes in the Middle East after Iran said Sunday its parliament voted to close the ...
At least two supertankers made U-turns at the Strait of Hormuz following U.S. military strikes on Iran, shiptracking data ...
The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.
China’s Foreign Ministry called for greater efforts to maintain stability in the critical shipping lanes of the Persian Gulf, ...
The closure of the Strait of Hormuz would have potentially devastating flow-on effects for oil supplies and prices in ...