The narrow Hormuz waterway funnels almost 20 percent of global crude oil, so even a single-day blockade rattles the oil ...

If it chooses to target oil in its retaliation against the US strikes, Iran’s coastline onto Hormuz gives Tehran an array of options, from lower-impact harassing of ships in the region, to the more ...

Saudi Arabia and other oil states are rushing to load tankers in case the Israel-Iran fighting spreads to export ...

Iran has ramped up crude oil exports and filled its Kharg Island storage to avoid missile strikes amid escalating tensions ...

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A collision between two oil tankers just east of the world’s most critical oil choke point, the Strait of Hormuz, could bring about a potential environmental disaster, Greenpeace said on Thursday.The ...