News

The Strait of Hormuz, through which 20% of the world’s oil passes, is critical to global energy and trade. CNN explores how ...
The stretch of water borders the coastline of several Middle East countries, including Iran, and is vital for the global oil ...
From the perspective of the global oil economy, there are few places as strategically important as the Strait of Hormuz.
Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to ...
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 has long asserted that it can shut down the Strait of Hormuz. While the strait can't be "closed" in the traditional ...
Explore more
Vessels near the Strait of Hormuz have been broadcasting unusual messages concerning nationality in a bid to avoid being ...
The Iranian military loaded naval mines onto vessels in the Persian Gulf last month, a move that intensified concerns in ...
It appears that Iran was not very close to trying to block shipping through the Strait of Hormuz. That’s what Edward L. Morse ...
New Rabobank research shows the potential effect of losing this critical shipping channel to the global fertilizer market.
Saudi Arabia is the largest oil exporter that relies on the Strait and accounts for nearly 40% of the oil exports that pass ...
During the elevated tensions in Middle East, the national oil companies of Saudi Arabia and UAE had assured their Indian ...