Source: JP Morgan via Marketwatch
In normal times, about 20 percent of the world’s oil production passes through the Strait of Hormuz. That flow has been cut off except for Iranian oil and a handful of other vessels the Iranians are allowing…
A resident gestures from an upper floor of a ruined residential building that was hit in an airstrike earlier this morning…
At least 28 ships, including vessels carrying crude oil, liquefied petroleum gas (LPG), and LNG supplies to India, are currently stranded near the Strait of Hormuz, the Indian government has confirmed.
The vessels include at least 10…
The crew members, whose ship was seized in December, got their release order a day before the war began.
Just as optimists sensed that the United States-Israel war with Iran was on the verge of winding down, the monthlong crisis takes yet another twist.
One moment, US President Donald Trump warns Tehran there would be “no turning back” on…
