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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 on its nuclear sites.
Factbox-China's heavy reliance on Iranian oil imports
SINGAPORE (Reuters) -China is the main buyer of oil from Iran, which accounts for roughly 13.6% of purchases this year by the ...
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 ...
Iran Has an Oil Card to Play. So Does the U.S.
America’s fracking revolution blunts the dreaded oil chaos that could come from an Iranian closure of the Strait of Hormuz.
Shares hit record high, oil plummets with market sentiment buoyed by Iran-Israel truce
An index of global shares hit a record high on Tuesday with oil prices plummeting further as market sentiment was lifted by ...
Trump wants oil producers to pump more crude amid jitters that Iran may close critical shipping lane
Trump urged stepped-up production as the White House sharpened its warnings to Iran against closing the Strait of Hormuz, a ...
Marketplace1d
Despite Iran conflict, oil companies are unlikely to heed the president's call to "drill, baby, drill"
President Trump posted two things on his social media platform this morning: One calling for “everyone” to “keep oil prices ...
Shipping costs through the Strait of Hormuz are rising — even as oil prices are dropping. So what happens if Iran closes the waterway?
Tanker operators in the Strait of Hormuz are facing higher shipping and insurance costs, despite a drop in oil prices, as ...