“The scale of what is at stake cannot be overstated,” said Hakan Kaya, senior portfolio manager at investment management firm Neuberger Berman

The Strait of Hormuz, a 39 km-wide waterway flanked by Iran to the north and Oman and the UAE to the south, is a passage through which one-fifth of the world’s oil flows each day.…

DUBAI, United Arab Emirates: The widening war in Iran has ground tanker traffic through the Strait of Hormuz to a halt and oil prices have been swinging sharply, highlighting the…

The Tehran regime has weaponised geography in retaliation for the attacks by the US and Israel

Vessels would be sitting ducks if foreign naval forces attempted to reopen the waterway before a cessation of hostilities, experts say.

“The scale of what is at stake cannot be overstated,” said Hakan Kaya, senior portfolio manager at investment management firm Neuberger Berman

Energy prices have soared as Iranian strikes and reports of mines prevent ships from transiting the chokepoint

"Iran has extensive tunnel networks to protect and launch such vessels surreptitiously, including midget submarines and other submersibles useful for mine laying."