A narrow passage of water called the Strait of Hormuz is the primary route for Middle Eastern countries shipping oil and petroleum products from the Persian Gulf to the rest of the world. Iran has ...

Iran's threat to block the world's most vital oil transit point has raised fears of major global economic consequences.

Iran’s parliament has approved potential closure of Strait of Hormuz in response to US strikes on Iranian nuclear sites, but country’s top security body is yet to take final call.

U.S. energy independence helps shield American economy from Iran's threats to block the Strait of Hormuz, where one-fifth of ...

If Iran moves to blockade the Strait of Hormuz, oil and gas prices could spike, but analysts see that scenario as unlikely for now.

The U.S. attack on Iranian nuclear facilities Saturday night has raised the risk that oil prices surge into the triple digits ...

US strikes on Iran's three main nuclear facilities have once again raised concerns that Tehran might shut down the Strait of Hormuz - one of the world's most critical chokepoints, through which a ...

The contained move in oil prices during the Israel-Iran war highlights the increasing efficiency of energy markets and ...

US bombing of Iranian nuclear sites raises Strait of Hormuz closure fears. Experts warn of oil price spikes and impact on India’s energy security, with fuel prices and economic stability under threat ...

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 ...

If Iran closes the Strait of Hormuz, gas prices in the U.S. could surge due to disrupted global oil shipments.

Iran has proposed closing the Strait of Hormuz after US strikes, threatening to disrupt global oil flows and raise prices amid the ongoing Israel-Iran conflict ...