News

Trump energy chief dismisses concerns on Strait of Hormuz: 'Iran would harm itself'
Energy Secretary Chris Wright discusses President Trump's directive to 'drill, baby, drill' as Iran threatens to blockade the ...
What is the Strait of Hormuz and why is it so significant?
From the perspective of the global oil economy, there are few places as strategically important as the Strait of Hormuz.
What Is the Strait of Hormuz, and Why Is It Important?
Iranian officials have threatened to mine the waterway, which is a key shipping route for oil and gas. One way that Iran ...
US stocks up, oil drops after no casualties from Iran strike. Strait of Hormuz still open
US stock futures inch up, awaiting Iran's response to a US strike. Oil prices off 5-month highs. Eyes are on whether Iran ...
ECB Alert to Inflation Threat From Strait of Hormuz, Lagarde Says
A reduction in the flow of oil and gas through the strait could push a range of prices higher, a threat that policymakers are ...
Strait of Hormuz disruption: More bark than bite for US energy, expert claims
Energy expert Gabriella Hoffman argues Iran's retaliatory actions to U.S. strikes will backfire against its allies and ...
Strait of Hormuz situation to not affect India's oil supply, will ensure stability of fuel supplies: Hardeep Singh Puri
Petroleum minister's statement comes at a crucial time when oil markets are expected to open sharply higher after US' ...
Oil prices jump as market awaits Iran response to attacks
How much higher oil prices might go now depends on how Tehran responds to the attacks. Iran’s parliament's voted to close the Strait Of Hormuz, the narrow waterway at the mouth ...