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From the perspective of the global oil economy, there are few places as strategically important as the Strait of Hormuz.
The Iranian parliament on Sunday approved closure of the Strait of Hormuz, though the final decision will be made by Iran’s ...
Iranian officials have threatened to mine the waterway, which is a key shipping route for oil and gas. One way that Iran ...
Qatar officials said the airspace would be shut temporarily. Oil majors are pulling staff from Iraq and banks are limiting ...
Oil prices are down sharply while stocks are up on Tuesday morning in Asia after President Donald Trump said Israel and Iran ...
The rise comes after Iran's parliament backed closing the critical Strait of Hormuz, where about 20% of the world's oil ...
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