The Coswisdom Lake, a very large crude carrier (VLCC), reached the strait on Sunday before making a U-turn and heading south, ...

Coswisdom Lake is run by Cosco Shipping Energy, while South Loyalty is managed by Sinokor Merchant Marine, according to the ...

The Strait of Hormuz — just 21 miles wide at its narrowest point — is one of the most strategically vital waterways on the ...

A potential closure of Strait of Hormuz, a vital trade route that lies between Iran and Oman and accounts for roughly a fifth ...

NEW YORK — The price of oil rose and U.S. stock futures fell as global markets react to the U.S. strike against nuclear ...

Iran’s parliament has approved a measure to close the Strait of Hormuz, a vital global trade route, where more than a fifth ...

New York WTI crude oil surged nearly 5 percent at one point when it opened on Monday, and benchmark Brent crude jumped almost ...

The Big Money Show' co-host Taylor Riggs gives a history lesson on the U.S. oil industry amid supply concerns.

US stock futures inch up, awaiting Iran's response to a US strike. Oil prices off 5-month highs. Eyes are on whether Iran ...

Iran’s top security body must make the final decision on whether to close the Strait of Hormuz, Iranian TV said on Sunday, ...

Iranian parliament is planning to shut the Strait of Hormuz. The move could pose a serious threat as its implications would prove to be enormous and cripple the entire global oil supply chain. Watch ...

Iran’s potential closure of the Strait of Hormuz would drive up Thailand’s import costs for crude oil and fertilisers, the Thai National Shippers' Council (TNSC) warned on Monday.