Iran issues new Strait of Hormuz warning as tanker traffic grinds to a halt
Iran has declared the Strait of Hormuz closed and threatened to set fire to any ships that try to pass through as the widening war in Iran grinds tanker traffic through the crucial waterway to a halt.
Jakarta Globe
What Happens If the Strait of Hormuz Stays Closed?
A fifth of global oil flows through the Strait of Hormuz. Here’s why its closure is shaking energy and shipping markets.
The Press Democrat
Iran says it temporarily closed the Strait of Hormuz as it held more indirect talks with the US
U.S. President Donald Trump, who scrapped an earlier nuclear agreement with Iran during his first term, has repeatedly threatened to use force to compel Iran to agree to constrain its nuclear program.
IRGC navy chief: ‘Ready to close Strait of Hormuz’ as Iran expands Gulf drills
Iranian Admiral Tangsiri says decision rests with Tehran’s leadership, highlights 24-hour intelligence control over strategic waterway ...
How a US-Israeli war on Iran could upend global oil and gas supplies
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 ...
Oil makes record weekly gains as Strait of Hormuz stays shut
Oil futures extended gains with the Middle East conflict in its seventh day and no sign of the critical Strait of Hormuz ...
Meduza
Iran’s attacks on energy infrastructure are driving up oil and gas prices. The chaos may end up benefiting Russia.
Amid the war in the Middle East, Iran has been targeting key energy infrastructure across the region. Tehran is also ...
Roughly one-fifth of the world's oil moves through the passageway
Oil prices jumped Monday as the widening war in Iran disrupted tanker traffic through the Strait of Hormuz, highlighting how ...