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Here’s what to know about the Strait of Hormuz, its grave importance, and what stands to happen if the passage is disrupted ...
China has been diversifying its sources for oil imports well before the current Middle East tensions.
U.S. Secretary of State Marco Rubio on Sunday called on China to encourage Iran to not shut down the Strait of Hormuz after ...
As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to ...
Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to ...
The war between Israel and Iran has raised concerns that Iran could try to close the Strait of Hormuz, the world’s most ...
Iran’s foreign minister warned earlier Sunday that the Islamic Republic “reserves all options to defend its sovereignty” after U.S. airstrikes.
The Iranian Parliament on Sunday approved a measure to close the Strait of Hormuz after the United States bombed three nuclear sites in Iran. The strait, located between Iran and ...
Tehran can cause the price of oil to spike, but it will hurt itself more.
The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.
When Iran targeted ships in the Strait of Hormuz in the 1980s, the U.S. Navy escorted ships through the strait. This June, even without a formal closure, some oil tankers and supertankers — which can ...