News

During the recent conflict between Iran and Israel, Iran threatened to block the Strait of Hormuz, one of the world's major ...
Shipping groups are starting to shy away from the Strait of Hormuz as Israel-Iran conflict rages on By Sam Meredith, CNBC • Published June 16, 2025 • Updated on June 16, 2025 at 11:31 pm ...
The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.
Now, concerns over the Strait of Hormuz are once again at an all-time high. ... or disrupt trade by seizing and attacking shipping containers and oil or gas tankers in the area.
Shipping firms are exercising caution in the Strait of Hormuz as they closely monitor the security risks in the region, while continuing operations in the narrow waterway connecting the Persian ...
Some shipowners are steering clear of the Strait of Hormuz, according to the world's largest shipping association. Israel's surprise attack on Iran's military and nuclear infrastructure on Friday ...
The Strait of Hormuz, which connects the Persian Gulf to the Arabian Sea, is recognized as one of the world's most important oil chokepoints. In 2023, oil flows through the waterway averaged 20.9 ...