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Israel-Iran conflict: Why Strait of Hormuz is critical for India’s energy imports, global oil and gas flows
There are reports that a few shipping lines may be reassessing routes, particularly the choke point of the Strait of Hormuz, given the heightened threat in the region. This could further add to the transportation cost to and from the region.
The U.S. West Texas Intermediate crude for July - which did not settle on Thursday as it was a U.S. holiday and expires on ...
The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply. Click here for more ...
The Strait of Hormuz, a narrow waterway at the mouth of the Persian Gulf, handles around 26% of the world’s oil trade and is ...
Shell warns that escalating tensions between Israel and Iran, potentially disrupting the Strait of Hormuz, could severely ...
Tensions in West Asia raise concerns over oil markets as Iran-Israel clashes threaten Strait of Hormuz closure.
The national average for a gallon of regular gas could increase by 10 to 25 cents in the coming weeks. As of Wednesday, the average price was $3.19 per gallon, up 7 cents from the previous week, ...
India is a net importer of crude oil, with over 40 percent of its supplies sourced from Middle East nations such as Iraq, ...
Gas prices "will likely start to rise across much of the country later this evening in response to Israel's attacks on Iran, ...
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