Around one-fifth of the world's crude oil is shipped through the Strait of Hormuz. That's about 20 million barrels per day. This makes the strait the most critical energy chokepoint.

It typically exports its crude oil from ports within the Persian Gulf, but Sunday’s strike near the strait has led to a log ...

Aramco is exploring oil exports via the Red Sea to bypass the Strait of Hormuz amid regional conflicts affecting shipping routes.

Marine insurers said they are cancelling war risk cover for ships due to the conflict in Iran and the Gulf. Here's the likely ...

Iran's neighbors rage over Iran's response to the U.S.-Israeli war, and Israel launches a new incursion in Lebanon on day 4 ...

American military doesn’t have weeks to do so — only days. The waterway is world’s most important oil chokepoint, ...

There is an inherent weakness in an international supply chain that passes through two bottlenecks in a region prone to civil ...

The Gulf Nations Countries, which are commonly referred to as the Gulf Cooperation Council (GCC) members bordering the Arabian Gulf, were established in 1981 with a group of six-member countries, ...

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The Iran war is renewing concerns about the strategically vital Strait of Hormuz. A prolonged closure could sharply drive up oil prices, experts said.

Iranian Supreme Leader Ayatollah Ali Khamenei was killed in a major attack on Iran launched by Israel and the United States, throwing the future of the Islamic Republic into doubt and raising the ...