The war between Israel and Iran has raised concerns that Iran could retaliate by trying to close the Strait of Hormuz, the world’s most important oil chokepoint due to the large volumes of crude that ...

Oil markets rose Tuesday after President Donald Trump permitted China to buy Iranian oil despite previous sanctions, with ...

Iran's leadership should reconsider its nuclear ambitions and settle for the symbolic win after its retaliatory strikes ...

While Iran's arch-rival Israel would remain unaffected by such a closure, closure would end up hurting Iran's oil trade as well as those of friendly countries, writes .

Lloyd, Frontline confirm transits via Strait of Hormuz continue but they actively monitor security risks, while insurance ...

Iran’s leaders can be difficult to read, but closing the Strait will not benefit them, and will likely hurt them in the long run.

Given ample supplies and low demand, the market looks for real impact on supplies for cues rather than offer knee-jerk ...

SINGAPORE (Reuters) -China is the main buyer of oil from Iran, which accounts for roughly 13.6% of purchases this year by the ...

Iran denies firing missiles at Israel after the ceasefire began, state media reports, and says its forces are ready to ...

As one of the world’s most important shipping routes, the Strait of Hormuz has long been a strategic focal point — from the ...

Iran remains structurally reliant on the Strait of Hormuz. While it has an oil export terminal located outside the Persian ...