MUMBAI: Iran’s parliamentary move to approve the closure of the Strait of Hormuz, an oil shipping chokepoint, has jolted global insurance markets. Already uneasy over the…
Browsing: Strait
Oil supply through the crucial Strait of Hormuz is unlikely to be affected, even though conflict in the Middle-East continues to escalate and crude prices continue…
Iran’s strategic position along the Hormuz coastline provides various retaliatory possibilities against US strikes. (AI image) Will Iran choke the global oil supply by closing the…
India’s reliance on crude oil imports is at approximately 90%, with Middle Eastern nations supplying more than 40% of these imports. (AI image) Iran-Israel war &…
Iran has repeatedly warned of blocking the Strait of Hormuz, a narrow yet strategically crucial maritime chokepoint for global oil supply, however, the country has not…
The Strait of Hormuz serves as a crucial channel for worldwide energy transportation. (AI image) Will the escalating Iran-Israel conflict cause an oil supply issue for…