International energy traders are bracing for disruptions after Iran’s parliament endorsed the closure of the Strait of Hormuz, a crucial choke point for the world’s oil supply, with the ultimate ...

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. In a major move after U.S. struck Iranian nuclear sites, the country’s ...

Tanker operators in the Strait of Hormuz are facing higher shipping and insurance costs, despite a drop in oil prices, as investors wait to see what happens to the world’s most important crude ...

Chief of the Islamic Revolution Guard Corps (IRGC) warned that no country can diminish the global importance of the Strait of ...

Following scattered attempts at relieving tension between Iran and the U.S., including statements from Iranian officials downplaying the possibility of action in the Persian Gulf, the Iranian navy ...

Hong Kong (CNN) — While there have been no major disruptions to the global oil supply so far, the attacks on Iran – by Israel and then the US – have rattled investors, sending oil futures soaring by ...

DUBAI, United Arab Emirates (AP) — A collision between two oil tankers just east of the world’s most critical oil choke point, the Strait of Hormuz, could bring about a potential environmental ...

HANOI, Vietnam — Asia’s dependence on Middle East oil and gas — and its relatively slow shift to clean energy — make it vulnerable to disruptions in shipments through the Strait of Hormuz, a strategic ...

The United States' entry into the Iran-Israel war over the weekend stoked fears of a wider conflict that could spread across the oil-rich Middle East and disrupt the global economy. President Donald ...

Iran’s Islamic Revolutionary Guard Corps navy says it has seized an Eswatini‑flagged vessel in the Persian Gulf carrying about 350,000 liters of smuggled diesel, detaining 13 crew members from India ...

Iran has launched massive missiles in the Sea of Oman and near the Strait of Hormuz during a naval drill, according to state ...

It's a truism of new-car sales: Gas prices go up, buyers focus more on gas mileage. Gas prices go down again, people forget all about fuel efficiency. Well, here's a gentle reminder about why you may ...