Iran says it temporarily closed parts of the Strait of Hormuz, one of the world's most crucial shipping lanes, for a military drill and missile test. The narrow passage connecting the Persian Gulf

A fifth of global oil flows through the Strait of Hormuz. Here’s why its closure is shaking energy and shipping markets.

Iranian Admiral Tangsiri says decision rests with Tehran’s leadership, highlights 24-hour intelligence control over strategic waterway

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

Iran has threatened to shut down the Strait of Hormuz if the US and Israel launch a war against it. Given a quarter of seaborne oil and a fifth of global LNG shipments pass through this critical

Amid the war in the Middle East, Iran has been targeting key energy infrastructure across the region. Tehran is also threatening energy exporters, warning that tankers entering the Strait of Hormuz — a narrow,

Oil prices jumped Monday as the widening war in Iran disrupted tanker traffic through the Strait of Hormuz, highlighting how important the passageway is to the world's oil supply.

Supply chains rely on predictability. The persistent geopolitical uncertainty has complicated operations worldwide. Limited alternatives make the de facto closure of the strait of Hormuz all the more impactful. The longer the disruption persists, the more significant and structural the economic damage will become.