News

Iranian officials have threatened to mine the waterway, which is a key shipping route for oil and gas. One way that Iran ...
Oil futures spiked Sunday evening following the U.S. attack on Iran, after which the Iranian government voted to block ...
The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.
Kharg Island, Iran's primary oil export terminal, remains untouched by Israel despite strikes on other energy sites. This ...
In 2024, average daily exports stood at 20.3 million barrels of crude oil and 290 million cubic meters of liquefied natural ...
Iran’s parliament has approved a measure to close the Strait of Hormuz, a vital global trade route, where more than a fifth ...
As global tensions rise and water tentions deepens, the Strait of Hormuz stands at the crossroads of a potential world war, ...
An increasingly isolated Iran promises to end the war on its terms, as US and Europe warn against closing the world’s busiest ...
The Strait of Hormuz is approximately 33 kilometers wide at its narrowest point. A Traffic Separation Scheme (TSS), which is ...
Chief Executive Officer Godwin Edudzi Tamakloe has offered a calming perspective amidst escalating Middle East tensions, asserting that Iran would face overwhelming international opposition if it ...
Following U.S. strikes on Iranian nuclear sites, Iran’s parliament reportedly approved a move on Sunday to close the ...
Iran may be threatening to close the Strait of Hormuz, but experts told CNBC that it’s also the one with the most to lose ...