Tensions in West Asia raise concerns over oil markets as Iran-Israel clashes threaten Strait of Hormuz closure.

The Iranian government reveals its plan to close the Strait of Hormuz, a crucial waterway responsible for 20 percent of the ...

The Strait of Hormuz is considered the world's most important gateway for oil transport. Hostilities between Iran and Israel ...

* About a fifth of the volume of the world's total oil consumption passes through the Strait on a daily basis. An average of ...

This surge reflects the market's concerns regarding the disruption of oil supplies from the Persian Gulf region. The Strait ...

Amid escalating tensions between Iran and Israel, the Strait of Hormuz, a critical global oil route, has become a focal point ...

Bangladesh is likely to face disruptions in fuel imports, as the ongoing Iran-Israel conflict may affect the routes through ...

Israel launched strikes against Iran on June 13, saying it targeted nuclear facilities, ballistic missile factories and ...

The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply. Click here for more ...

Conflict between Israel and Iran has rekindled fears of a disruption to a narrow waterway key to the global economy.

Strait of Hormuz is used for exporting crude oil to Asia by members of OPEC including Saudi Arabia, Iran, the United Arab ...

The Israel-Iran conflict will not necessarily hurt the oil industry or price mechanisms of the commodity, said Prime Minister ...