Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to ...

When Iran targeted ships in the Strait of Hormuz in the 1980s, the U.S. Navy escorted ships through the strait. This June, even without a formal closure, some oil tankers and supertankers — which can ...

IntroductionThe increase in geopolitical tensions in the Middle East recently resulted in Iran threatening to close the ...

GasBuddy's Patrick De Haan spoke with Fox News Digital on gas prices and markets opened slightly higher, oil down.

While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — have rattled investors, sending oil futures soaring by around 10% since ...

Last year, an average of about 20 million barrels per day passed through the Strait of Hormuz, which amounts to roughly 20% of liquid petroleum consumed worldwide, according to the U.S. Energy ...

Also Read: India safe from Strait of Hormuz closure due to diversified oil imports ... situation in the Middle East since the past two weeks," India's Minister of Petroleum and Natural Gas Hardeep ...

A commodities expert expects the price of oil to fall as energy producers ramp up supply while countries around the world ...

In the U.S., the agency reported that oil imports through the Strait of Hormuz only accounted for 7% of the country’s total oil imports and 2% of its liquid petroleum consumption over the same ...

The EIA estimates that 84% of the crude oil and 83% of the liquefied natural gas that moved through the Strait of Hormuz last year went to Asian markets.China, the largest buyer of Iranian oil ...

What is the Strait of Hormuz, ... India’s Minister for Petroleum and Natural Gas Hardeep Singh Puri sought to reassure jittery investors on X that the country has “diversified” its oil ...

What is the Strait of Hormuz, ... India’s Minister for Petroleum and Natural Gas Hardeep Singh Puri sought to reassure jittery investors on X that the country has “diversified” its oil ...