One of Terran’s options to respond to the attack by Israel or other countries is to close the Strait of Hormuz, which is ...

Iran could shut the Strait of Hormuz as a way of hitting back against its enemies, a senior lawmaker said on Thursday, though ...

Occidental Petroleum Corporation (NYSE:OXY) is one of the 10 best oil and gas stocks to buy now. On May 9, JPMorgan lowered ...

The scramble to reassess shipping insurance costs reflects the deteriorating security environment in the Middle East.

Many times, we feel that global conflicts are too far away to affect us. But the truth is, events happening thousands of ...

Conflict between Israel and Iran has rekindled fears of a disruption to a narrow waterway key to the global economy.

The recent military clash between Iran and Israel has sent shockwaves through global energy markets, causing oil prices to ...

East and there are already knock-on effects impacting economies globally, including with higher prices for gasoline at the pumps.

As the conflict between Israel and Iran intensifies, speculation is rising about whether the Iranians will close the Strait ...

Despite the strategic importance of the Strait of Hormuz, oil markets currently show little reaction to escalating regional ...

Commercial ships are sailing close to Oman and are being advised by maritime agencies to avoid Iran's waters around the ...

* About a fifth of the volume of the world's total oil consumption passes through the Strait on a daily basis. An average of ...