Add Yahoo as a preferred source to see more of our stories on Google. “Iran’s power is the Hormuz Strait.” Those were Iranian foreign minister Abbas Aragchi’s words on state television last week. He ...
The crisis in the Strait of Hormuz reveals a truth that many European policymakers have ignored: Humanity remains structurally dependent on oil. This reality, first highlighted during the 1973 oil ...
A view of the vessels heading towards the Strait of Hormuz following the two-week temporary ceasefire reached between the U.S. and Iran on the condition that the strait be reopened, seen in Oman on ...
The closure of the Strait of Hormuz has locked up nearly 20 percent of the world’s oil supply. If the closure persists, argues Mark P. Mills, the consequences will rival that of the 1973–74 Arab oil ...
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The Strait of Hormuz offers a lesson in air denial
"Iran's power is the Hormuz Strait." Those were Iranian foreign minister Abbas Aragchi's words on state television last week. He wasn't wrong. Four weeks into this conflict, the United States has ...
It’s been hard following the minute-by-minute, day-by-day developments in energy markets triggered by the Iran war—let alone distilling the signal from all the noise. Oil takes big swings up and down ...
Cargo ships in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the U.S.-Israeli conflict with Iran, in United Arab ...
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