IE 11 is not supported. For an optimal experience visit our site on another browser. Kristi Noem to step down as DHS secretary 00:25 Britney Spears released after arrest in California 00:43 Now Playing Iranian foreign minister on whether the Strait of Hormuz will close 00:50 UP NEXT Iran is ‘confident’ it can counter potential … Read more
NEWYou can now listen to Fox News articles! Few places on the planet matter more to the global economy than the Strait of Hormuz. Just about 21 miles wide at its narrowest, the Strait of Hormuz between Iran and Oman is a global energy choke point. The waterway carries roughly 20 million barrels a day … Read more
To keep cargo flowing, President Donald Trump said in a Truth Social post on Tuesday that the U.S. Navy would start “escorting tankers through the Strait of Hormuz” if necessary. But since then, traffic has remained at a near standstill, and it’s unclear if any tankers have taken the government up on its offer. “Naval … Read more
How Iran’s threats against ships in Strait of Hormuz endanger global commerce, energy supplies – CBS News Watch CBS News Iran’s threats to set ships ablaze have caused traffic through the Strait of Hormuz slow to a crawl after two of the world’s largest shipping companies said they’re suspending travel through the waterway. Here’s why … Read more
For the first time in history, Iranian officials say the country has closed the Strait of Hormuz following joint strikes from the U.S. and Israel. 20% of the world’s oil and gas trade flows through the passage along Iran’s southern border. Politico oil and gas reporter James Bikales joins to discuss the potential financial repercussions. … Read more
The U.S. and Israel attacks on Iran are focusing attention on the Strait of Hormuz, a narrow but strategically vital waterway in the region that serves as a key artery for global oil shipments. Marine traffic through the strait has slowed to a trickle since the outbreak of hostilities last week, heightening concerns that the conflict could … Read more