News

CNN’s Erin Burnett reports from the Strait of Hormuz about Israel-Iran ceasefire
CNN’s Erin Burnett reports from the United Arab Emirates as a ceasefire is set to begin after days of hostilities between ...
What is the Strait of Hormuz and why does it matter?
The Iranian parliament on Sunday approved closure of the Strait of Hormuz, though the final decision will be made by Iran’s ...
Iranian blockade on the Strait of Hormuz would be 'economic suicide', says former IEA official
Neil Atkinson, the former head of the IEA's oil division, discusses oil markets amid tensions in the Middle East.
What Is the Strait of Hormuz, and Why Is It Important?
Iranian officials have threatened to mine the waterway, which is a key shipping route for oil and gas. One way that Iran ...
Timelapse Shows Global Ship Traffic in Hormuz Strait Under Iran Threat
The Strait of Hormuz matters enormously because it channels roughly one‑fifth to one‑quarter of the world's oil supply, ...
Why all eyes are on the Strait of Hormuz, a 90-mile strip critical to global oil prices
The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.
Middle East ocean freight rates soar on Iran conflict, Strait of Hormuz shipping risks
Ocean freight rates from Shanghai to the Port of Khor Fakkan on the United Arab Emirates' Indian Ocean coastline are up 76% ...
Strait of Hormuz disruption: More bark than bite for US energy, expert claims
Energy expert Gabriella Hoffman argues Iran's retaliatory actions to U.S. strikes will backfire against its allies and ...