News

It sounds utterly reckless, almost suicidal for global stability: blocking the Strait of Hormuz would deal a devastating blow ...
According to an analysis by Emperador, any disruption in energy exports through this strategic checkpoint may result in a 25% ...
The Strait of Hormuz is identified as one of the world's most critical oil chokepoints, with a staggering volume of oil passing through it annually.
"If the U.S. is bent on imposing tariffs, China will fight to the end, and this is China's consistent official stance," said ...
China has taken a firm stance against U.S. demands that it stop buying oil from Russia and Iran or face a possible 100% ...
Iran's Islamic Revolutionary Guard Corps has seized a foreign oil tanker in the Gulf of Oman, citing fuel smuggling, following recent geopolitical tensions and US strikes on Iranian nuclear ...
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 ...
Global oil price forecast Closing the Strait of Hormuz would have ‘the most profound impact’ on the global oil price and the stock market since the Iraq War.
Mohammed Al-Bashir is scheduled to meet with officials in Baghdad to discuss rehabilitating the 850-kilometer pipeline connecting Iraq’s Kirkuk province with the Syrian port of Baniyas. Al-Bashir, ...
Woodside will assume operatorship of Bass Strait assets, unlocking potential development of additional gas resources, the company said.
Hormuz Strait when it is itself in political, economic and cultural conflicts with Russia, China and even the United States," Moqtadaei said in an interview with Iran's semi-official Borna news ...