The Strait of Hormuz is considered the world's most important gateway for oil transport. Hostilities between Iran and Israel ...

The Iranian government reveals its plan to close the Strait of Hormuz, a crucial waterway responsible for 20 percent of the ...

Crude futures were lower and ING said the market’s biggest fear is the Strait of Hormuz shutting down, with significant disruption to oil flows sufficient to push prices to $120 a barrel.

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Attacks on oil and gas production sites aren’t the only concern. Iran’s government has floated the idea of blocking shipping ...