21+ hour, 40+ min ago   (1645+ words) For six months, the world has been learning how to move oil around the Strait of Hormuz. Now it may be discovering the limits of that strategy. Saudi Arabia's enormous East-West oil pipeline — one of the most important alternative routes…...

4+ day, 19+ hour ago   (1593+ words) The conflict around Iran and the Strait of Hormuz has entered a more dangerous phase, with the United States attacking Iranian oil tankers and Iran claiming a large retaliatory assault against commercial shipping. This is no longer principally a contest…...

5+ day, 21+ hour ago   (1540+ words) For decades, the Strait of Hormuz has been treated as the great vulnerability of the world's oil trade. It is narrow. It sits beside Iran. Enormous quantities of oil and gas normally pass through it. And any serious interruption can…...

6+ day, 20+ hour ago   (1619+ words) For six months, the world's energy industry has been trying to solve one enormous problem. How do you move Middle Eastern oil when the Strait of Hormuz cannot be relied upon? Saudi Arabia has an obvious answer. Move more oil…...

1+ week, 19+ hour ago   (1673+ words) For months, American divers, special forces and unmanned vessels have been clearing mines from the Strait of Hormuz. Their extraordinary operation reveals something easily misunderstood about mine warfare: a mine does not have to destroy a ship to accomplish its…...

1+ week, 1+ day ago   (1624+ words) The United States has struck three Iranian crude-oil tankers after Iran’s Revolutionary Guards launched ballistic missiles towards two American warships. The operation marks a significant change in the war. America is no longer attacking only Iran’s military installations, missile launchers…...

1+ week, 5+ day ago   (1599+ words) Just days ago, there were credible signs that the global oil crisis centred on the Strait of Hormuz might finally be beginning to ease. Mines were being cleared. Negotiations involving Iran and Oman offered the prospect of a temporary navigational…...

2+ week, 4+ day ago   (1624+ words) Iran threatened 45 tankers with fines, detention and cargo confiscation for allegedly breaking its Strait of Hormuz rules. Major oil buyers are now changing their behaviour. That matters because a rule does not need international acceptance to influence global trade if…...

2+ week, 5+ day ago   (1597+ words) For months, almost every significant development surrounding the Strait of Hormuz has made the situation worse. Ships have been attacked. Tankers have stayed away. Oil and LNG movements have been disrupted. Insurance costs have soared. The United States has imposed…...

2+ week, 6+ day ago   (1609+ words) The United States promised another major escalation in its economic war against Iran. Oil traders prepared for the consequences. Brent crude dropped more than US$2 a barrel on Monday, settling at US$92.17, down 2.35 per cent. West Texas Intermediate fell by…...