Oil tankers transiting Strait of Hormuz 'must be very careful,' Iran Foreign Ministry warns

The price of crude oil has sharply spiked as the Strait of Hormuz has been effectively closed as the United States and Israel ...

Iran’s Real ‘Nuclear Option’ Isn’t A Bomb—It’s The Strait Of Hormuz

Iran may not have a nuclear weapon—but it controls the Strait of Hormuz. Here’s why this narrow waterway could become ...

U.S., Israel Should Withdraw From Strait of Hormuz Area, Says Iranian Envoy

Iran’s ambassador to China denounced the U.S. and Israel as sources of insecurity in the Strait of Hormuz and called on the ...

There's another energy market that may get hit harder than oil by Strait of Hormuz closure

Roughly 20% of global LNG flows through the Strait.

WATCH: How traffic dried up in the Strait of Hormuz since the Iran war began

The effective closure of the Strait of Hormuz is "about as wrong as things could go" for global oil markets. Iran achieved it ...