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Factbox: Strait of Hormuz - the world"s most important oil artery

Iran has said it would block the Strait of Hormuz if it was barred from using the strategic waterway through which about a fifth of oil that is consumed globally passes......»»

Category: topSource: reutersApr 23rd, 2019

How the Strait of Hormuz, a narrow stretch of water where ships carry $1.2 billion of oil every day, is at the heart of spiraling tensions with Iran

MarineTraffic.com Recent tensions between Iran and the US are threatening the safety of the world's ships and movement oil in the Strait of Hormuz. The narrow strait is the most important chokepoint for the world's oil supply. Some.....»»

Category: topSource: businessinsiderJan 13th, 2020

Oil Tanker Attacks Near Iran Put the Squeeze on an Unexpected Party: Japan

Two tankers were reportedly attacked in the Gulf of Oman on Thursday. The Strait of Hormuz, the world’s most important oil chokepoint,.....»»

Category: europeSource: fortuneJun 13th, 2019

Why the Strait of Hormuz Is a Global Oil Flashpoint

The Strait of Hormuz, a narrow waterway at the mouth of the Persian Gulf, is rarely far from the center of global tensions. A major shipping route that handles around one-third of the world’s waterborne oil, it’s closely watched for signs of di.....»»

Category: topSource: washpostJan 10th, 2021

World"s biggest oil chokepoint in focus as US-Iran tensions flare

The threat of an escalating conflict between the U.S. and Iran puts the Strait of Hormuz, a narrow waterway through which a fifth of the world’s petroleum supply must move through, back in focus......»»

Category: topSource: moneycentralJan 3rd, 2020

Strait of Hormuz, the world"s biggest oil chokepoint, in focus as tensions flare

The threat of an escalating conflict between the U.S. and Iran puts the Strait of Hormuz, a narrow waterway through which a fifth of the world’s petroleum supply must move through, back in focus......»»

Category: topSource: moneycentralJan 3rd, 2020

Oil Price Spurts as Tensions Intensify in the Strait of Hormuz

The Strait of Hormuz, where the BP-operated oil tanker was "harassed," is touted as the most important global passageway for transporting crude. Want the l.....»»

Category: worldSource: nytJul 12th, 2019

West Africa Is Becoming The World"s New Piracy Hotspot

As fears continue to mount of a military clash between the U.S. and Iran, the Strait of Hormuz has swiftly become one of the most dangerous areas worldwide for commercial shipping. Two weeks ago, two tankers were allegedly attacked by .....»»

Category: blogSource: zerohedgeJun 29th, 2019

Factbox: International airlines" response to FAA on Iran airspace

The U.S. Federal Aviation Administration (FAA) issued an emergency order on Thursday prohibiting U.S. air carriers from flying in Iran-controlled airspace over the Strait of Hormuz and Gulf of Oman due to heightened tensions......»»

Category: topSource: reutersJun 21st, 2019

‘World’s Most Important Oil Chokepoint’ Is Ground Zero for the Escalating U.S.-Iran Feud

The 21-mile waterway marks the entrance to the Persian Gulf. When tensions rise in the Strait of Hormuz, history says trouble is ahead. The strait--which forms a tiny passage from the Persian Gulf to the Gulf of Oman--i.....»»

Category: europeSource: fortuneMay 13th, 2019

Saudi Arabia Says Oil Tankers Damaged in ‘Sabotage Attack’ as Middle East Tensions Rise

The Strait of Hormuz is the world's key oil choke point. Saudi Arabia said two of its oil tankers were attacked while sailing toward the Persia.....»»

Category: europeSource: fortuneMay 13th, 2019

Saudi Arabia Says Oil Tankers Damaged In “Sabotage Attack” as Middle East Tensions Rise

The Strait of Hormuz is the world's key oil choke point. Saudi Arabia said two of its oil tankers were attacked while sailing toward the Persia.....»»

Category: europeSource: fortuneMay 13th, 2019

Market Extra: Strait of Hormuz: Oil ‘choke point’ in focus as U.S. ends Iran waivers

Geography could matter for investors around the world if Tehran moves to close or at least hinder the world’s busiest waterway for global oil shipments in retaliation for the U.S. decision to demand that all Iran oil buyers halt purchases by May 1......»»

Category: topSource: marketwatchApr 24th, 2019

Market Extra: Strait of Hormuz: Oil ‘choke point’ in focus as U.S. ends Iran oil waivers

Geography could matter for investors around the world if Tehran moves to close or at least hinder the world’s busiest waterway for global oil shipments in retaliation for the U.S. decision to demand that all Iran oil buyers halt purchases by May 1......»»

Category: topSource: marketwatchApr 23rd, 2019

Oil Price: Iran has threatened to block the Strait of Hormuz

Iran has threatened to block the Strait of Hormuz, a vital artery for oil shipments from the Middle East. The warning comes in response to the US, which is trying to cut off Iranian crude exports. Aft.....»»

Category: topSource: livetradingnewsJul 14th, 2018

The US Navy faces "a huge liability" in countering one of Iran"s favorite and most dangerous weapons

US Navy Tensions between the US and Iran have long centered on the Strait of Hormuz, through which much of the world's oil flows. Iran could shut the strait with naval assets, sea m.....»»

Category: topSource: businessinsiderAug 16th, 2018

Iran Navy Begins "Massive Drill" Stretching Across World"s Key Oil Chokepoints

Iran's navy has begun a three day war game exercise on Friday in the Persian Gulf, in an expansive area encompassing Strait of Hormuz in the Persian Gul.....»»

Category: blogSource: zerohedgeFeb 22nd, 2019

Iran"s Revolutionary Guard seizes a container ship near Strait of Hormuz amid tensions with Israel

Iran"s Revolutionary Guard seizes a container ship near Strait of Hormuz amid tensions with Israel.....»»

Category: topSource: yahooApr 13th, 2024

Iran says it can close Hormuz Strait, views Israeli presence in UAE as threat

Iran says it can close Hormuz Strait, views Israeli presence in UAE as threat.....»»

Category: topSource: yahooApr 10th, 2024

Biden"s 2024 Presidential Election Hopes In Doubt By Iran"s "$6 Gas" Hormuz Gambit, Former Aide Warns

Bob McNally, former energy advisor at the White House, warned of Iran's influence over the US through threats to the Hormuz Strait, impacting Biden's future and fuel prices. read more.....»»

Category: blogSource: benzingaApr 10th, 2024

US Ship Fires 30 Warning Shots After 13 Iranian IRGC Boats Approach Fleet

US Ship Fires 30 Warning Shots After 13 Iranian IRGC Boats Approach Fleet A rare direct 'live fire' encounter took place Monday in the Strait of Hormuz between Iranian fast-attack boats and US n.....»»

Category: personnelSource: nytMay 10th, 2021