News

More than 85% of crude oil flowing out of Persian Gulf travels through Strait of Hormuz
Tensions in West Asia raise concerns over oil markets as Iran-Israel clashes threaten Strait of Hormuz closure.
Visual analysis: GPS interference raises risk of accidents in Strait of Hormuz
Experts including Sal Mercogliano, a maritime historian at Campbell University in North Carolina and a former merchant ...
Global Oil Markets on Edge as Iran Threatens to Block Strait of Hormuz Amid Escalating War with Israel
The Israel-Iran conflict has taken a perilous new turn, with fears mounting that Tehran could choke off global oil supplies ...
Oil Could Hit $120 if Strait of Hormuz Flows Are Disrupted, ING Says
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.
UAE coast guard evacuates 24 people from oil tanker crash east of the critical Strait of Hormuz
The Emirati national guard says it has evacuated 24 people from an oil tanker after a collision between two ships just east ...
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🌐 Strait of Hormuz Hijacked by Invisible Signal War— Oil Tanker Crash Triggers Fears of GPS Jamming
A strange event occurred near the Strait of Hormuz, one of the busiest and most important waterways in the world. An oil ...
Why the Strait of Hormuz Matters to Energy Markets
Conflict between Israel and Iran has rekindled fears of a disruption to a narrow waterway key to the global economy.