News

Iran approves closure of Strait of Hormuz, a vital oil and gas route
The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes on its nuclear sites.
Strait of Hormuz could be vulnerable to Iran retaliation. Here's what to know about the vital oil trade route.
As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to ...
Iran is a major oil supplier. How will strikes on Iran affect gas prices? What to know
The U.S. launched military attacks on Iranian nuclear sites. Iran now says they plan to close Hormuz Strait. How will ...
PolitiFact1d
Strait of Hormuz: What to know about the crucial oil passage Iran might block following US strikes
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 ...
US stocks end higher, oil down on limited Iran retaliation. Strait of Hormuz's still open.
US stocks end up as oil prices fall on Iran's limted response to US attacks and Strait of Hormuz stays open. Another Fed ...
Shares hit record high, oil plummets with market sentiment buoyed by Iran-Israel truce
An index of global shares hit a record high on Tuesday with oil prices plummeting further as market sentiment was lifted by ...
Oil Skids and Stocks Rise as Traders Gauge Fallout From Iran Strikes
Any disruption to tanker traffic in the Strait of Hormuz would have significant economic effects, especially for Asian ...
Iran Has an Oil Card to Play. So Does the U.S.
America’s fracking revolution blunts the dreaded oil chaos that could come from an Iranian closure of the Strait of Hormuz.