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Iran is now considering closing the Strait of Hormuz amid the ongoing war with Israel. This crucial waterway sees a fifth of global oil shipments. Closure could disrupt the world economy and raise oil ...
Peter Tirschwell from S&P Global Market Intelligence discusses the potential disruption to global shipping as a result of ...
This spike came after Israel struck Iran’s nuclear and missile sites, raising fears of further retaliation and supply ...
The number of container vessels slowing down at the Strait of Hormuz is more than three times the normal level, said Ami ...
About 21mn barrels of oil from Iran, Iraq, Kuwait, Saudi Arabia, Qatar and the United Arab Emirates pass daily through the narrow waterway separating the Islamic republic from the Gulf states, ...
Iran's Parliament National Security said on Saturday that Tehran is considering shutting the Hormuz Strait in response to ...
The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. The ...
Oil prices were stable on Monday after Iran's oil production infrastructure was excluded from intensification of military ...
“Closing the Strait of Hormuz or attacking energy infrastructure in the region will spike energy prices, turn all their ...
Israel's air strikes on Iran are unlikely to cause a major disruption to oil supply, and market analysts believe a full-scale ...
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India is a net importer of crude oil, with over 40 percent of its supplies sourced from Middle East nations such as Iraq, ...