Around 84 per cent of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, South Korea and others vulnerable should Iran blockade the crucial trading route over US strikes on its nuclear sites...
The EU鈥檚 top diplomat warned Monday it would be 鈥榚xtremely dangerous鈥� should Iran shut down the crucial Strait of Hormuz trading route over US strikes on its nuclear sites.
United States secretary of State Marco Rubio urged China on Sunday to help deter Iran from shutting down the Strait of Hormuz, a crucial trade route, following the US strikes on Iranian nuclear sites...
Iran鈥檚 Revolutionary Guards on Saturday seized a container ship 鈥榬elated to the Zionist regime (Israel) in the Gulf,鈥� state media reported, as tensions soar in the region. Italian-Swiss Shipping group MSC said that there were 25 crew members on board the seized container ship...