Hormuz Strait

Hormuz Strait paralyzed, South Korean oil tanker boss earns half a million USD/day

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The paralyzed Strait of Hormuz shakes the global energy market, but brings huge luck to a South Korean oil tycoon.

President Trump calls on allies to send warships to the Strait of Hormuz

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President Trump called on major powers to simultaneously deploy warships to the Gulf region to break Iran's blockade in the Strait of Hormuz.

Iran opens the Strait of Hormuz to all countries except US and Israeli ships

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Iranian Foreign Minister Abbas Araghchi said that the Strait of Hormuz is still open to countries, except for ships from the US and Israel.

Hormuz Strait paralyzed, Southeast Asia turns to Russian oil

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The global energy shock caused by the blockade in the Strait of Hormuz is causing many Southeast Asian countries to consider increasing Russian oil imports.

Saudi Arabia pivots from Hormuz, 27 super oil tankers flock to the Red Sea

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Saudi Arabia accelerates the shift of oil exports from the Strait of Hormuz to the Red Sea, at least 27 super oil tankers simultaneously heading towards the west coast of the country.

Iran opens way, oil tanker to India crosses Hormuz amidst warfire

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Iran allows at least 2 ships carrying Indian-flagged liquefied petroleum gas (LPG) to pass through the Strait of Hormuz, while many other ships are still trapped.

Thai ship shot by Iran in Hormuz, revealing the super-rich empire behind it

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The Iran attack on a Thai cargo ship in the Strait of Hormuz unexpectedly revealed that the owner of the ship is one of Thailand's richest business empires.

The US may form an international alliance to protect oil tankers across the Strait of Hormuz

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US Treasury Secretary Scott Bessent said Washington could soon form an international alliance to escort merchant ships through the Strait of Hormuz.

Hormuz Strait paralyzed, Panama Canal unexpectedly "thrives

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The Hormuz Strait is paralyzed in the context of conflict in the Middle East, making the Panama Canal a beneficiary shipping route.

Iran threatens to continue blockading the Strait of Hormuz

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Middle East tensions continue to escalate as Iran declares it maintains blockade of oil transportation through the Strait of Hormuz.

Huge Gulf oil pipeline becomes savior when Hormuz paralyzed

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Saudi Arabia and UAE's giant oil pipeline has become a "lifebuoy" for the world's energy supply as the Ormuz Strait is paralyzed.

Cargo ship catches fire in the Strait of Hormuz

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Cargo ship hit by strange object in the Strait of Hormuz, crew evacuated.

LNG may be more affected than oil

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The near paralysis of the Strait of Hormuz has caused world oil prices to skyrocket. However, experts warn that the market may be more severely affected by liquefied natural gas (LNG).

Iran drops naval mines in the Strait of Hormuz, world oil prices fluctuate

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The Strait of Hormuz - the world's most important oil and gas transportation route - was mined by Iran, causing global oil prices to fluctuate violently.

Iran reveals conditions to stop oil blockade

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Middle East tensions escalate as Iran and the US issue tough warnings about oil supplies.