News

When Iran targeted ships in the Strait of Hormuz in the 1980s, the U.S. Navy escorted ships through the strait. This June, even without a formal closure, some oil tankers and supertankers — which can ...
Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to ...
Speaking at 16th foundation day of India Foundation, Minister for Petroleum and Natural Gas also points out that India’s ...
Iran’s parliament has approved potential closure of Strait of Hormuz in response to US strikes on Iranian nuclear sites, but country’s top security body is yet to take final call.
What is the Strait of Hormuz? Why does it matter? The waterway is the only shipping route that connects the Persian Gulf to the open ocean.
The Strait of Hormuz is the world's most critical and dangerous maritime chokepoint, essential for global energy supplies and fraught with geopolitical tensions.
Around 84 percent of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, South Korea and others vulnerable should Iran blockade the crucial trading ...
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 ...
A functioning Strait of Hormuz is “absolutely essential” to the health of the global economy, he said.
The closure of the Strait of Hormuz would have potentially devastating flow-on effects for oil supplies and prices in Australia.
As tensions rise in the Persian Gulf, the Strait of Hormuz, through which nearly 40% of India’s crude oil flows, is once again a flashpoint.