If Iran moves to blockade the Strait of Hormuz, oil and gas prices could spike, but analysts see that scenario as unlikely for now.

Iran's threat to block the world's most vital oil transit point has raised fears of major global economic consequences.

The Strait of Hormuz is identified as one of the world's most critical oil chokepoints, with a staggering volume of oil ...

Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to ...

The war between Israel and Iran has raised concerns that Iran could retaliate by trying to close the Strait of Hormuz, the world's most important oil chokepoint due to the large volumes of crude that ...

U.S. energy independence helps shield American economy from Iran's threats to block the Strait of Hormuz, where one-fifth of ...

While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — have rattled investors, sending oil futures soaring by around 10% since ...

Iran has long asserted that it can shut down the Strait of Hormuz. While the strait can't be "closed" in the traditional sense - like shutting a road - Iran could attempt to make the waterway too ...

The EIA estimates that 84% of the crude oil and 83% of the liquefied natural gas that moved through the Strait of Hormuz last year went to Asian markets.China, the largest buyer of Iranian oil ...

Closing the Strait of Hormuz would send oil prices massively higher — at least at first. If Iran blocked the strait, oil prices could shoot as high as $120-$130 per barrel, at least temporarily, said ...

Closing the Strait of Hormuz would send oil prices massively higher — at least at first. If Iran blocked the strait, oil prices could shoot as high as $120-$130 per barrel, ...