The decision to close the Strait, through which around 20 per cent of global oil and gas demand flows, could see the world thrown into disaster.

DUBAI: Iran could shut the Strait of Hormuz as a way of hitting back against its enemies, a senior lawmaker said on Thursday, though a second member of parliament said this would…

Iran hat angekündigt, die Straße von Hormus zu blockieren, was 20 Prozent des weltweiten Ölhandels betrifft. Diese Drohung führt zu steigenden Ölpreisen und könnte globale…

Closing critical ‘choke point’ for oil risks triggering fresh energy crisis and global recession