Gold down 0.3%, Brent crude oil climbs 1.2% on fears of closing of Hormuz Strait, while stock markets fall due to escalated ...

Iran’s Parliament has approved a proposal to close the Strait of Hormuz following recent US airstrikes on Iranian nuclear ...

Amidst rising tensions, concerns escalate over potential disruptions to global oil supply via the Strait of Hormuz. While a ...

Rubio's comments came after Iran's Press TV reported that the parliament approved a measure to close the Strait of Hormuz, through which around 20 per cent of the world's oil and gas flows.