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Tensions in West Asia raise concerns over oil markets as Iran-Israel clashes threaten Strait of Hormuz closure.
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Sourcing Journal on MSNAmid Israel-Iran Tensions, Shipping Slows Down in Strait of HormuzAs the conflict escalates, container shipping faces growing risks from a potential chokepoint closure, rising insurance costs ...
The Iranian government reveals its plan to close the Strait of Hormuz, a crucial waterway responsible for 20 percent of the ...
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.
Conflict between Israel and Iran has rekindled fears of a disruption to a narrow waterway key to the global economy.
Discover the Strait of Hormuz: its map, critical importance, key facts, and role as a vital chokepoint for global oil transit ...
Middle Eastern oil that loads outside the Persian Gulf and at least one Malaysian grade are suddenly more popular with Asian ...
The Strait of Hormuz is considered the world's most important gateway for oil transport. Hostilities between Iran and Israel ...
The number of container vessels slowing down at the Strait of Hormuz is more than three times the normal level, said Ami ...
No injuries were reported after a collision of two crude oil tankers sparked a fire near the Strait of Hormuz.
The Emirati national guard says it has evacuated 24 people from an oil tanker after a collision between two ships just east ...
Two oil tankers collided and caught fire near the Strait of Hormuz Wednesday night. Electronic interference was reported in the region.
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