The Strait of Hormuz is a narrow, strategically vital waterway that carries a significant portion of the world's oil and liquefied natural gas, making it the most important energy chokepoint globally.
As the conflict in the Middle East escalates, so does the risk of disruption to the flow of oil through the strait — or even a complete stoppage. Tagliapietra described the febrile situation as “very ...
Concern about an escalation of the Israel-Iran war has focused on the waterway. The United States' entry into the Iran-Israel war over the weekend stoked fears of a wider conflict that could spread ...
Iran has warned that it could shut the Strait of Hormuz, one of the world's most critical oil transit chokepoints, in retaliation for U.S. involvement in its conflict with Israel. "If the United ...
Iranian lawmakers have voted to support closing the Strait of Hormuz—a vital route for global oil and gas shipments—in response to U.S. airstrikes on three of the country's nuclear sites on Saturday, ...
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Italy's $12.7B bridge plan could reshape the map
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Iran’s parliament has voted to close the Strait of Hormuz, the vital shipping channel through which around 20% of the world’s daily oil flows. The move, which could block $1 billion in oil shipments ...
The Strait of Hormuz is widely regarded as one of the world’s most critical maritime chokepoints due to its central role in the transportation of oil and natural gas. Situated between Iran and the ...
DUBAI, June 19 (Reuters) - Iran could shut the Strait of Hormuz as a way of hitting back against its enemies, a senior lawmaker said on Thursday, though a second member of parliament said this would ...
June 23 (Reuters) - Iran's top security body must make the final decision on whether to close the Strait of Hormuz, Iranian TV said on Sunday, after parliament reportedly backed the measure in ...
Iran’s government has said it’s reserving all options to defend itself after the US joined Israel’s bombardment of the country’s nuclear sites. One way it could pressure its enemies to relent would be ...
Rockford Weitz receives funding from the Smith Richardson Foundation to research global maritime security challenges. Global shipping is constrained by geography. Massive oil tankers and cargo ships – ...
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