News

The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes in the country.
Tehran could disrupt vital exports of oil and gas from the region, but history tells us that any disruption would likely be ...
If Iran closes the Strait of Hormuz, gas prices in the U.S. could surge due to disrupted global oil shipments.
As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to ...
The Strait of Hormuz isn’t the only concern when it comes to flows of crude and other energy products out of the Middle East.
Tehran can cause the price of oil to spike, but it will hurt itself more.
The Iranian Parliament on Sunday approved a measure to close the Strait of Hormuz after the United States bombed three ...
U.S. Secretary of State Marco Rubio on Sunday called on China to encourage Iran to not shut down the Strait of Hormuz after ...
Iran has a number of options to disrupt ships moving through the Strait of Hormuz-the route for 40% of the world’s tanker ...
Iran’s foreign minister warned earlier Sunday that the Islamic Republic “reserves all options to defend its sovereignty” ...
The Iranian Parliament has approved a measure to close the Strait of Hormuz, a critical global oil chokepoint, after the ...