Iran last disrupted traffic in the Persian Gulf in April last year when it seized an Israel-linked container ship near the ...

The war between Israel and Iran has raised concerns that Iran could retaliate by trying to close the Strait of Hormuz, the world's most important oil chokepoint due to the large volumes of crude that ...

The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.

The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes on its nuclear sites.

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 threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to ...

Saudi Arabia is the largest oil exporter that relies on the Strait and accounts for nearly 40% of the oil exports that pass ...

International energy traders on Sunday braced for disruptions as Iran’s parliament endorsed the closure of the Strait of Hormuz, a crucial choke point for the world’s oil supply, with the ultimate ...

The Strait of Hormuz isn’t the only concern when it comes to flows of crude and other energy products out of the Middle East.

Iran's threat to close the Strait of Hormuz could disrupt world oil prices 03:32. The United States launched military strikes on three Iranian nuclear facilities Sunday morning local time, an ...

About 20 million barrels of oil per day, or around 20% of the world’s oil consumption, passed through the strait in 2024. Most of that oil goes to Asia. Here is a look at the waterway and its ...

The Strait of Hormuz is between Oman and Iran, ... If Iran blocked the strait, oil prices could shoot as high as $120-$130 per barrel, at least temporarily, said Homayoun Falakshahi, ...