Warning comes as 400 million barrels of oil are being released from global reserves during waterway's closure.

The Strait of Hormuz, through which roughly one-fifth of the world's oil and liquefied natural gas typically passes, is virtually shut.

Oil tankers passing through the Strait of Hormuz “must be very careful,” the spokesman for Iran’s Ministry of Foreign Affairs warned on Monday.

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.…

Warning comes as 400 million barrels of oil are being released from global reserves during waterway's closure.

TEHRAN: Iran's military on Wednesday said any ships belonging to the United States, Israel or their allies passing through the strategic Strait of Hormuz will be targeted."Any…

The latest incidents in or near the Strait of Hormuz come shortly after Iran warned the world to prepare for $200 oil prices.