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Following the recent US strikes on Iran, experts have voiced concerns over whether Iran will close the Strait of Hormuz.
Iran mulls closing the Strait of Hormuz as retaliation: How it could affect global shipping, economy
Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to U.S. and Israeli strikes on Iranian nuclear facilities.
Foreign Secretary David Lammy has warned Iran that blocking the Strait of Hormuz would be a catastrophic mistake following ...
Minister of Economic Affairs J.W. Kuo (郭智輝) yesterday said that if domestic fuel costs rise 10 percent due to a potential ...
According to the International Energy Agency (IEA), around 25% of the world's oil supply passes through the Strait.
The potential risk to oil prices from tensions in the Middle East is well-recognised. But what about gas?
The Strait of Hormuz is the world's most critical and dangerous maritime chokepoint, essential for global energy supplies and fraught with geopolitical tensions.
NPC has adjusted the price of liquefied natural gas (LPG), also known as cooking gas, making it more expensive for families ...
This narrow shipping route in the Gulf region sees one-fifth of global oil and liquefied natural gas (LNG) passing through, ...
India imports more than 85 per cent of its crude oil needs and roughly half of its natural gas requirement. On gas, India's ...
Following US strikes on Iranian nuclear sites, Iran's parliament approved a proposal to close the Strait of Hormuz, a vital oil transit route. The closure could trigger soaring oil prices and ...
Bahamas Power and Light (BPL) will implement a hybrid liquefied natural gas (LNG) and solar power plant for the island of ...
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