More countries sign joint statement on Strait of Hormuz
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US officials are furiously trying to avert a potential months-long closure of the Strait of Hormuz, privately acknowledging that reopening the key waterway is a problem without a clear solution and dependent at least in part on what lengths President Donald Trump is willing to go to force the Iranian regime’s hand,
The U.S. and Israel’s war with Iran has thrust the Strait of Hormuz into the crosshairs of yet another geopolitical conflict.
Iran's critical location and its arsenal of drones and missiles are a challenge. Its stranglehold on the Strait has rattled global oil markets.
Attacks in the Strait of Hormuz are impacting more than just oil tankers. Did the U.S. strike an Iranian elementary school by mistake? Everything we know so far about the deadly missile attack.
About 90 ships cross the Strait of Hormuz as Iran exports millions of barrels of oil despite the war
About 90 ships including oil tankers have crossed the Strait of Hormuz since the beginning of the war with Iran.
U.S. warplanes and attack helicopters are hitting Iranian targets in an effort to reopen the Strait of Hormuz, officials said. The price of oil remained high as new strikes hit Gulf energy facilities.
The strategic shipping lane carries a fifth of the world's oil. Analysts warn prolonged disruption could send fuel prices soaring and trigger a global economic slowdown.
DUBAI, March 19 (Reuters) - Iran is considering a proposal to levy transit fees on vessels passing through the Strait of Hormuz, a lawmaker said on Thursday, a potential bid to monetise Tehran's newfound grip over the critical waterway through which a fifth of global oil and liquefied gas passes.
The effective closure of the Strait of Hormuz during the Iran war has choked global oil supply. Two key alternatives remain, though any disruption to them could make moving oil out of the Arabian Peninsula "virtually impossible,