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There are reports that a few shipping lines may be reassessing routes, particularly the choke point of the Strait of Hormuz, ...
Amid escalating attacks between Iran and Israel, Iran threatens to withdraw from the Nuclear Non-Proliferation Treaty and potentially close the Strait of Hormuz, a critical global oil route.
Located between Oman and Iran, the Strait of Hormuz is the world's most important access route for oil transportation.
Heightened tensions in the Arabian Gulf due to the ongoing Israel-Iran conflict are reverberating across global energy and ...
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Tensions at the Strait of Hormuz risk 20M bpd in crude oil flow, fueling a sharp rally in oil futures and boosting market ...
Latest war developments have stoked concerns about disruptions to the Strait of Hormuz, a vital oil shipping passage. Read ...
U.S. oil prices already jumped last week, which could cause prices at the pump to rise about 20 cents a gallon in the coming ...