Iran has threatened to close the Strait of Hormuz in response to attacks by Israel. Nearly 20% of global oil and 30% of ...

As tensions escalate in the Strait of Hormuz following the Iran-Israel conflict, credit rating agency ICRA has warned that ...

Conflict threatens key global trade route - The ongoing conflict between Israel and Iran could plunge the entire global economy into recession. Iran controls access to the Strait of Hormuz, one of the ...

Iran has in the past threatened to close the Strait of Hormuz to traffic in retaliation for Western pressure, and shipping ...

If Iran decides to block the Strait of Hormuz, it will have far-reaching implications for the global economy, one expert has warned.

Shell CEO Wael Sawan warns a blockage of the Strait of Hormuz amid rising Israel-Iran tensions could severely disrupt global ...