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Experts including Sal Mercogliano, a maritime historian at Campbell University in North Carolina and a former merchant ...
Tensions in West Asia raise concerns over oil markets as Iran-Israel clashes threaten Strait of Hormuz closure.
Conflict between Israel and Iran has rekindled fears of a disruption to a narrow waterway key to the global economy.
A strange event occurred near the Strait of Hormuz, one of the busiest and most important waterways in the world. An oil ...
Iran’s steps could include blocking the Strait of Hormuz, quitting a nuclear treaty and launching attacks on Israeli tourists.
Crude futures were lower and ING said the market’s biggest fear is the Strait of Hormuz shutting down, with significant disruption to oil flows sufficient to push prices to $120 a barrel.
Located between Oman and Iran, the Strait of Hormuz is the world's most important access route for oil transportation.