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

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 ...

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

While Iran could disrupt the Strait of Hormuz through attacks on oil tankers, it's not clear how it could close the waterway — or if it has the capacity to do so. The Strait of Hormuz remains open.

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

The Middle East crisis continues to escalate and a decision to close the strait of Hormuz is a dangerous moment.

China, the largest buyer of Iranian oil, sourced 5.4 million barrels per day through the Strait of Hormuz in the first quarter this year, while India and South Korea imported 2.1 million and 1.7 ...

Now, concerns over the Strait of Hormuz are once again at an all-time high. Iran controls the Northern side of the Strait of Hormuz, a passage which sees significant global trade pass through daily.

What is the Strait of Hormuz? The Strait is narrow, stretching roughly 31 miles at its widest point. Iran is on its north bank opposite Oman and the United Arab Emirates (UAE).

China, the largest buyer of Iranian oil, sourced 5.4 million barrels per day through the Strait of Hormuz in the first quarter this year, while India and South Korea imported 2.1 million and 1.7 ...