News

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.
What is the Strait of Hormuz and why does it matter?
The Iranian parliament on Sunday approved closure of the Strait of Hormuz, though the final decision will be made by Iran’s ...
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 ...
Strait of Hormuz disruption: More bark than bite for US energy, expert claims
Energy expert Gabriella Hoffman argues Iran's retaliatory actions to U.S. strikes will backfire against its allies and ...
Iran approves closure of Strait of Hormuz, a vital oil and gas route
The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes in the country.
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 ...
Tankers U-turn, zig-zag, pause around Strait of Hormuz
SINGAPORE/LONDON (Reuters) -At least two supertankers made U-turns near the Strait of Hormuz following U.S. military strikes ...
Iran launches response to US strikes. Will it stop there or escalate?
Iran is weighing how to respond to the U.S. military’s unprecedented attack on its nuclear infrastructure over the weekend.