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 ...

Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to ...

Iranian Navy Commander Rear Admiral Shahram Irani has made a field visit to surface and subsurface naval units deployed in ...

TEHRAN – For decades, the Strait of Hormuz has remained one of the most sensitive geopolitical chokepoints in the world. This ...

Iran's threat to block the world's most vital oil transit point has raised fears of major global economic consequences.

Iran has long asserted that it can shut down the Strait of Hormuz. While the strait can't be "closed" in the traditional sense - like shutting a road - Iran could attempt to make the waterway too ...

The Middle East crisis continues to escalate and a decision to close the strait of Hormuz is a dangerous moment.

If Iran moves to blockade the Strait of Hormuz, oil and gas prices could spike, but analysts see that scenario as unlikely for now.

Iranian lawmaker Esmail Kosari revealed that the possibility of closing the critical Strait of Hormuz is still under review, with no final decision made. The strategic waterway sees about 20% of ...

IntroductionThe increase in geopolitical tensions in the Middle East recently resulted in Iran threatening to close the ...

In response to the recent US military strikes on its nuclear sites, Iran’s parliament has voted in favour of shutting down the Strait of Hormuz — one of the most important oil routes in the world.

Iran’s Parliament has approved a proposal to close the Strait of Hormuz following recent US airstrikes on Iranian nuclear sites. The strait is a crucial route for global oil shipments, especially to ...