Crude futures were lower and ING said the market’s biggest fear is the Strait of Hormuz shutting down, with significant disruption to oil flows sufficient to push prices to $120 a barrel.

Discover the Strait of Hormuz: its map, critical importance, key facts, and role as a vital chokepoint for global oil transit ...

The Emirati national guard says it has evacuated 24 people from an oil tanker after a collision between two ships just east ...

The Strait of Hormuz is considered the world's most important gateway for oil transport. Hostilities between Iran and Israel ...

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Iranian lawmaker says Tehran considering closing waterway, described as ‘world’s most important oil transit chokepoint’.

Cargo movement through the Strait of Hormuz has marked a small decline, but there’s been no major disruption to key oil ...

A tanker collision near the Strait of Hormuz has triggered market jitters over oil supply, with potential ripple effects for ...

Amid the ongoing tensions between Israel and Iran, ExxonMobil's CEO says there's enough spare capacity to offset any Iranian ...

Iran is seriously considering closing the strategic Strait of Hormuz after launching missile attacks on Israel, threatening a ...

As the conflict escalates, container shipping faces growing risks from a potential chokepoint closure, rising insurance costs ...

Two giant ocean-going tankers collided and caught fire near the Strait of Hormuz energy chokepoint, rattling global oil and shipping markets that have been on high alert since Israel attacked Iran.