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.

The two countries held second round of indirect talks in Switzerland's Geneva, which he described as "more constructive" than ...

Iran closes key Strait of Hormuz shipping route after ayatollah threatens to sink US warships - The strategic waterway has not been shut since the 1980s. The move comes amid ongoing tensions with the ...

The Strait of Hormuz is one of the most sensitive pressure points in the global economy. Conflict in Iran could put it at risk indefinitely.

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

It was the first time Iran has announced the closure of the key international waterway, through which 20% of the world's oil passes, since the U.S. began threatening Iran and rushing military assets ...

The live-fire naval drills are a signal from Iran of the potential fallout to the world economy if the US goes through with threats to attack it, as tensions mount between the two countries.

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 ...

Oil prices jumped as the widening conflict in Iran disrupted tanker traffic through the Strait of Hormuz. Here's a closer look at the vital trade route. (AP Photo) ...

Iran has threatened to shut down the Strait of Hormuz if the US and Israel launch a war against it. Given a quarter of ...

Eight countries that are part of the OPEC+ oil cartel announced Sunday they will boost production of crude as U.S. and Israeli forces launched a major attack on Iran and the country responded with ...