News

'Strait of Hormuz will be closed...': With oil flow at risk, how hard could India be hit?
The Strait of Hormuz handles around 20 million barrels of crude oil per day — nearly one-fifth of global daily consumption. A ...
Closure of Strait of Hormuz will hit Iranians hardest: Ex-Pentagon official
Strait of Hormuz, one of the world's most important oil chokepoints located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and the Arabian Sea ...
US will use 'unbelievable force' if Iran tries shutting Strait of Hormuz: Ex-US Treasury official
Commenting on the scale of damage inflicted on Iran by the joint US-Israeli strikes, Schanzer suggested that the Iranian ...
Iran's Options Against Foreign Aggression Include Closing Strait of Hormuz, Lawmaker Says
Iran has in the past threatened to close the Strait of Hormuz to traffic in retaliation for Western pressure, and shipping ...
Oil has a $10 geopolitical risk premium; China wants the Strait of Hormuz to stay open: Dan Yergin
Pulitzer Prize Winner Daniel Yergin puts the price on oil's geopolitical risk premium and explains why the closure of the ...
Oil Could Spike to $90 If Strait of Hormuz Shut, Citigroup Says
Brent crude could jump to around $90 a barrel if the Strait of Hormuz is closed, according to Citigroup Inc., which added ...
Oil Tanker Collision Near Strait of Hormuz Raises Security Fears
The accident, which the United Arab Emirates said was unrelated to the conflict between Israel and Iran, occurred amid ...
Commercial Vessels at Risk of Collateral Damage After U.S. Attacks, Consulting Firm Warns
Maritime security consultancy Vanguard advises vessels in the region to reassess routing to avoid Iranian territorial waters after U.S. attacks on Iran’s nuclear sites. Commercial vessels sailing thro ...