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Iran has been warned that shutting a major oil “choke point” in the Middle East in retaliation for US strikes on its nuclear ...
The Strait of Hormuz is the world's most critical and dangerous maritime chokepoint, essential for global energy supplies and fraught with geopolitical tensions.
East and there are already knock-on effects impacting economies globally, including with higher prices for gasoline at the pumps.
This narrow shipping route in the Gulf region sees one-fifth of global oil and liquefied natural gas (LNG) passing through, ...
The Strait of Hormuz is a strategic waterway for seaborne oil that has long been used by Iran as a geopolitical bargaining chip.
Tension is continuously building up in the Middle East as the world is closely watching how Iran will respond to US' strikes ...
According to the International Energy Agency (IEA), around 25% of the world's oil supply passes through the Strait.
Press Secretary Karoline Leavitt says the US has not changed its military position on Iran after Trump’s earlier comments.
Explore why Iran strikes are neutral for stocks, bearish for oil long-term, and how economic weakness poses a greater threat ...
At a time when the global economy and trade are facing mounting uncertainties, the recent US move to inflame tensions in the ...
Ahram Online provides live coverage of the unfolding military confrontation between Israel and Iran as the two sides have ...