As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to ...

The war between Israel and Iran has raised concerns that Iran could retaliate by trying to close the Strait of Hormuz, the ...

Tanker rates added to gains Monday as tensions ratchet higher in the Middle East, with shipowners demanding higher fees to ...

Tehran could disrupt vital exports of oil and gas from the region, but history tells us that any disruption would likely be ...

President Trump’s announcement that China can buy oil from Iran raises legal questions, said Eddie Fishman, a former senior ...

The attack by the US on Iranian nuclear sites will be met with strong response, the Iran's top leadership said after three of ...

Iran’s parliament has reportedly approved a plan to close the Strait of Hormuz — the narrow but vital waterway through which ...

If Iran blocked the strait, oil prices could shoot as high as $120-$130 per, at least temporarily, said Homayoun Falakshahi, head of crude oil analyst at Kpler, in an online webinar Sunday. That ...

When Iran targeted ships in the Strait of Hormuz in the 1980s, the U.S. Navy escorted ships through the strait. This June, even without a formal closure, some oil tankers and supertankers — which can ...

Oil prices eased off a 5-month high as expectations Iran won't close the Strait of Hormuz for now. But this may still change, ...

The world’s largest shipping trade group, Bimco, says several operators have begun halting transits through the narrow waterway.

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