West Texas Intermediate (WTI), which tracks the price of petroleum primarily sourced in the Lone Star ... Iran’s government ...

The Iranian government reveals its plan to close the Strait of Hormuz, a crucial waterway responsible for 20 percent of the ...

In the complex lattice of global geopolitics, few chokepoints are as strategically consequential as the Strait of Hormuz .

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The Strait of Hormuz is considered the world's most important gateway for oil transport. Hostilities between Iran and Israel ...

Crude futures were lower and ING said the market’s biggest fear is the Strait of Hormuz shutting down, with significant disruption to oil flows sufficient to push prices to $120 a barrel.