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The Iranian parliament on Sunday approved closure of the Strait of Hormuz, though the final decision will be made by Iran’s ...
From the perspective of the global oil economy, there are few places as strategically important as the Strait of Hormuz.
Oil prices are tumbling after President Donald Trump announced a Israel-Iran ceasefire agreement. Oil prices were already ...
No significant decline in ship traffic except for 6 vessels making U-turns to avoid waterway amid Israel–Iran conflict - ...
Oil prices have shown more volatility, rising from $61 at the beginning of the month on the threat of conflict, then jumped ...
The rise comes after Iran's parliament backed closing the critical Strait of Hormuz, where about 20% of the world's oil ...
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