There is no current plan to shutter the Strait of Bab el-Mandeb, a Houthi group told POLITICO’s E&E News. A key oil shipping route in the Middle East will stay open for now, a Houthi-affiliated group ...
US Treasury Department sanctions Iran’s Persian Gulf Strait Authority, accusing IRGC-linked body of trying to extort vessels ...
The eighty-plus-day closure of the Strait of Hormuz is still sending shockwaves through the agricultural sector by driving up ...
Ships passing near Iran without obtaining Iranian approval face the threat of an almost-certain attack by Iranian drones or ...
Tensions between the United Arab Emirates and OPEC have been building well before Tuesday's sudden departure of the group's third-biggest producer, having chafed for years at OPEC's per-country ...
The near shutdown of the Strait of Hormuz is beginning to ripple through the global economy, threatening energy supplies, raising fuel prices, and reshaping geopolitical dynamics. The narrow waterway ...
Middle Eastern oil exporters are scrambling to explore alternative routes to get their oil and gas exports out of the region. The closure of the Strait of Hormuz has triggered a huge energy supply ...
Access to the Strait of Hormuz, which carries roughly a quarter of global oil flows, remains contested. The waterway has been effectively closed since March 2, following U.S. and Israeli strikes on ...
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