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U.S. Secretary of State Marco Rubio on Sunday called on China to encourage Iran to not shut down the Strait of Hormuz after Washington carried out strikes on Iranian nuclear sites.
Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to ...
A narrow passage of water called the Strait of Hormuz is the primary route for Middle Eastern countries shipping oil and petroleum products from the Persian Gulf to the rest of the world. Iran has ...
US Secretary of State Marco Rubio has called on China to prevent Iran from closing the Strait of Hormuz, one of the world's most important shipping routes. His comments came after Iran's state-run ...
If Iran moves to blockade the Strait of Hormuz, oil and gas prices could spike, but analysts see that scenario as unlikely for now.
While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — have rattled investors, sending oil futures soaring by around 10% since ...
Secretary of State Marco Rubio appeared on "Face the Nation with Margaret Brennan" Sunday and said what happens next "depends on what Iran chooses to do." ...
U.S. Secretary of State Marco Rubio called on China to prevent Iran from blocking the Strait of Hormuz in retaliation for U.S. airstrikes. About 20% of the world's oil passes through the Strait of ...
China's energy imports are vulnerable as Iran's conflict with Israel threatens to drag the United States into a war.
It could also inflate the cost of goods and services worldwide, and hit some of the world's biggest economies, including China ... case scenario in the ongoing Iran-Israel conflict included a blockade ...