News

Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to ...
Iran has escalated threats against Germany, a key supporter of Israel, by considering a ban on German-registered or insured ships from transiting the vital Strait of Hormuz. The move comes after ...
East and there are already knock-on effects impacting economies globally, including with higher prices for gasoline at the ...
Calls have grown in Iran for the government to restrict Germany's cargo transport activity in the Persian Gulf after Berlin ...
Iranian media are calling for restrictions on German shipping in the Strait of Hormuz after Berlin praised Israeli strikes on ...
Vessels near the Strait of Hormuz have been broadcasting unusual messages concerning nationality in a bid to avoid being ...
That means that about 15% of global crude oil supply and 20% of liquefied natural gas, or LNG, passes through the Strait of Hormuz, according to Morgan Stanley analysis released on Tuesday.
For much of the modern era, the Middle East has occupied centre stage in global geopolitics, owing to its strategic geography ...
New Rabobank research shows the potential effect of losing this critical shipping channel to the global fertilizer market.
The recent disruption in the Strait of Hormuz has come to haunt Kenya as fuel prices now increase by Sh 8.99 for petrol, ...
The Iranian authorities seized a foreign oil tanker from the Sea of Oman on July 16. According to Mehr News Agency, citing ...
While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — have rattled investors, sending oil futures soaring by around 10% since ...