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Why is the Strait of Hormuz so important for Oil, and what happens if Iran blocks it?
The Strait of Hormuz is both a vital passage point and a permanent point of tension. As long as the world depends on Oil from the Persian Gulf, its security will remain a major geostrategic concern. If Iran were to cross the red line, the consequences would not be limited to barrels of Oil, but the global economic balance could be shaken.
Experts including Sal Mercogliano, a maritime historian at Campbell University in North Carolina and a former merchant ...
The Emirati national guard says it has evacuated 24 people from an oil tanker after a collision between two ships just east ...
Conflict between Israel and Iran has rekindled fears of a disruption to a narrow waterway key to the global economy.
The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply. Click here for more ...
Qatar has asked liquefied natural gas vessels to wait outside the Strait of Hormuz until they’re ready to load amid ...
Israel launched strikes against Iran on June 13, saying it targeted nuclear facilities, ballistic missile factories and ...
Peter Tirschwell from S&P Global Market Intelligence discusses the potential disruption to global shipping as a result of ...
The number of container vessels slowing down at the Strait of Hormuz is more than three times the normal level, said Ami ...
Iran’s steps could include blocking the Strait of Hormuz, quitting a nuclear treaty and launching attacks on Israeli tourists.
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