The number of container vessels slowing down at the Strait of Hormuz is more than three times the normal level, said Ami ...

Iranian lawmaker says Tehran considering closing waterway, described as ‘world’s most important oil transit chokepoint’.

Traders had been positioning for Israel’s attack on Iran, but there is still anxiety that prices could continue to surge well ...

Iran is reportedly considering closing the Strait of Hormuz, a critical global oil chokepoint, as tensions with Israel ...

Oil prices soared early Monday amid intensifying military conflict between Iran and Israel, with Brent crude jumping 5.5 per ...

The Strait of Hormuz, a 21-mile-wide waterway, is crucial for global oil supply, with 20 million barrels flowing through daily. Israel-Iran tensions have caused concerns about oil prices to surge.

If the conflict continues for long, the movement of merchant ships through routes such as Strait of Hormuz between Iran and UAE, and Red Sea would be affected.

The armed confrontations between the two nations have already driven up global oil prices by over 7%, putting Bangladesh's fuel imports at risk ...

It's often more important in times of heightened tensions in the Middle East to look more at what is not happening, rather ...

Iraq’s Foreign Minister Fuad Hussein has raised the alarm that growing conflict in the Middle East and a potential closure of ...

The period of uncertainty in the markets due to the current conflict may be prolonged and markets need to brace for it, ...