“When you apply enough pressure on choke points, you don't even have to physically shut them down. The threat of it will make you want to turn around, or make insurance premiums prohibitive."

After the Strait of Hormuz disruptions, a fresh threat to the world's oil supply has emerged with the Iran-backed Houthi movement in Yemen announcing a maritime blockade against…

Oil prices could climb above $115-$120 should flows be disrupted, consultant says; Saudi crude shipments to Asia could face longer routes; Asian refiners could face delays of…

By Claudia Assis and Myra P. Saefong