The CEO of Italian energy company Eni said on Wednesday oil markets are signalling that an escalation between Israel and Iran ...

The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply. Click here for more ...

Amid escalating tensions between Iran and Israel, the Strait of Hormuz, a critical global oil route, has become a focal point ...

Iran and Israel accused each other of endangering commercial activity in sea lanes around the Gulf and the Red Sea at the ...

The Israel-Iran conflict has taken a perilous new turn, with fears mounting that Tehran could choke off global oil supplies ...

The Iranian government reveals its plan to close the Strait of Hormuz, a crucial waterway responsible for 20 percent of the ...

The Strait of Hormuz is considered the world's most important gateway for oil transport. Hostilities between Iran and Israel ...

The Strait of Hormuz is one of the busiest shipping routes in the world and provides the only sea passage from the Persian ...

* About a fifth of the volume of the world's total oil consumption passes through the Strait on a daily basis. An average of ...

Bangladesh is likely to face disruptions in fuel imports, as the ongoing Iran-Israel conflict may affect the routes through ...

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Israel’s conflict with Iran has sparked a surge in oil-shipping rates for Middle Eastern routes after some tanker owners and ...