Oil prices are up swinging wildly as the widening Iran war disrupted tanker traffic through the Strait of Hormuz, highlighting how important the passageway is to the world's oil supply.

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

Since Feb. 28, at least 16 merchant vessels have been attacked in the Strait of Hormuz and its adjoining waters (Persian Gulf and Gulf of Oman), killing 8 seafarers, with one still missing. w/ ...

Fearing the supply disruption, Brent crude climbed to $78.55 per barrel, up 7.8% from $72.87 The Strait of Hormuz is crucial as about 20% of global oil supply,that is around 15 million barrels per day ...

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 ...

All six crew members were killed after a U.S. refueling aircraft went down in western Iraq, U.S. Central Command said. The ...

Iran’s Supreme Leader Ayatollah Mojtaba Khamenei issued his first statement on the war on Thursday, saying Iran should close ...

The Trump administration and its fellow Republicans are going nuts over a CNN report that the White House didn’t adequately plan for Iran closing the Strait of Hormuz. Secretary of Defense Pete ...