Conflict between Israel and Iran has rekindled fears of a disruption to a narrow waterway key to the global economy.

The Strait of Hormuz, a narrow waterway at the mouth of the Persian Gulf, handles around 26% of the world’s oil trade and is ...

The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply. Click here for more ...

Tensions in West Asia raise concerns over oil markets as Iran-Israel clashes threaten Strait of Hormuz closure.

The escalating Israel-Iran conflict has prompted shipowners to exercise an extra degree of caution in both the Red Sea and ...

There are reports that a few shipping lines may be reassessing routes, particularly the choke point of the Strait of Hormuz, ...

India is a net importer of crude oil, with over 40 percent of its supplies sourced from Middle East nations such as Iraq, ...

Petroleum futures were down late Wednesday morning, despite a bullish government report that showed a large drop in crude oil stocks and higher gasoline and distillate demand in the week ended Friday.

The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. The ...

Reports indicate three ships are transmitting not under command in the Gulf of Oman near the Strait of Hormuz. NASA's FIRMS ...

The Israel-Iran conflict will not necessarily hurt the oil industry or price mechanisms of the commodity, said Prime Minister ...