Iran’s new supreme leader said the Strait of Hormuz should remain shut and Tehran will look to open other fronts in the war if the US and Israel persist with their attacks.

Mine fears and Iran war disruptions have stalled tanker traffic in the Strait of Hormuz, rattling oil markets and energy supply.

DUBAI, United Arab Emirates (AP) — Attacks on commercial ships in the Persian Gulf continued on Wednesday, as global energy concerns mounted and the Strait of Hormuz, a key passageway for oil shipping, remained effectively closed. The attacks came as the ...

Iran's threat to close the Strait of Hormuz has halted shipments, raised oil prices and increased risks of global supply delays.

The Strait of Hormuz is the narrow mouth of the Persian Gulf through which about a fifth of the world's oil passes.

The ongoing American-Israeli war on Iran, for all its complexity and global effects, boils down to a single question: Who can take the pain the longest? A

West Texas Intermediate (WTI) rose about 8.8 percent to around $95 per barrel, while Brent gained roughly 8.9 percent to about $100, even after the International Energy Agency (IEA) announced the largest coordinated release of emergency oil reserves in its history.

Iran continues to launch missile and drone strikes across several Middle East countries as Trump warns over the Strait of Hormuz oil threats and orders an investigation into an alleged California drone plot.