The Islamic Republic has vowed to block the region’s oil exports, saying it would not allow “even a single liter” to be shipped to its enemies.

Despite efforts by the U.S. and others to address the crisis, the vital Strait of Hormuz, through which 20 percent of the world’s oil supply is moved, remains effectively closed. The war continues to have a dramatic impact on the shipping and oil industry,

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

After the US and Israel renewed their war on Iran, assassinating supreme leader Ayatollah Ali Khamenei in the first wave of strikes over the weekend, Tehran effectively closed the Strait of Hormuz, severely disrupting shipping through one of the world’s ...

India’s heavy dependence on imported energy makes it particularly vulnerable to supply disruptions in the Gulf region.

Iran’s Supreme Leader Ayatollah Mojtaba Khamenei issued his first statement on the war on Thursday, saying Iran should close the Strait of Hormuz and keep attacking its Gulf Arab neighbors as

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 Hegseth called the report “fundamentally unserious,

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.