News

Strait of Hormuz could be vulnerable to Iran retaliation. Here's what to know about the vital oil trade route.
As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to ...
Iranian blockade on the Strait of Hormuz would be 'economic suicide', says former IEA official
Neil Atkinson, the former head of the IEA's oil division, discusses oil markets amid tensions in the Middle East.
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.
Oil prices shed 3% as Iran-Israel ceasefire eases concerns over supply, Strait of Hormuz closure
A successful Iran-Israel ceasefire would abate concerns over Tehran's crude supplies and the stability of oil transport ...
A Strait of Hormuz crisis could hit global oil, but China may be less vulnerable than it looks
China has been diversifying its sources for oil imports well before the current Middle East tensions.
PolitiFact18h
Strait of Hormuz: What to know about the crucial oil passage Iran might block following US strikes
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 ...
Middle East ocean freight rates soar on Iran conflict, Strait of Hormuz shipping risks
Ocean freight rates for vessels operating in the Mideast are soaring as risks rise around the Strait of Hormuz and Iran ...