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The Strait of Hormuz, a 21-mile-wide waterway, is crucial for global oil supply, with 20 million barrels flowing through daily. Israel-Iran tensions have caused concerns about oil prices to surge.
Iran is reportedly considering closing the Strait of Hormuz, a critical global oil chokepoint, as tensions with Israel ...
Following Russia's full scale invasion of Ukraine in 2022, oil prices spiked to nearly $130 a barrel, contributing to higher ...
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Global financial markets and energy supply chains have been rattled by a sudden escalation in Central Asia tensions, as Israel launched strikes on Iranian military and nuclear sites, triggering ...
Indian benchmark indices Sensex and Nifty50 closed lower on Friday, mirroring sharp declines across Asian markets as Israel’s ...
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