News

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 ...
Iranian blockade on the Strait of Hormuz would be 'economic suicide', says former IEA official
Neil Atkinson, the former head of the IEA's oil division, discusses oil markets amid tensions in the Middle East.
What Is the Strait of Hormuz, and Why Is It Important?
Iranian officials have threatened to mine the waterway, which is a key shipping route for oil and gas. One way that Iran ...
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 ...
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 ...
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.
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 ...
Two Chinese Supertankers Go Off Course Near Hormuz Strait After Navigation Systems Jammed
Two large Chinese-operated crude carriers went off course as they tried to enter the Strait of Hormuz, after their navigation ...