In response to the recent US military strikes on its nuclear sites, Iran’s parliament has voted in favour of shutting down the Strait of Hormuz — one of the most important oil routes in the world.

Iran's threat to block the world's most vital oil transit point has raised fears of major global economic consequences.

With fears of another World War continuing to escalate, many in the world are wondering where they may be able to find a safe haven should Russia decide to stop making threats about nuclear warfare an ...

If Iran moves to blockade the Strait of Hormuz, oil and gas prices could spike, but analysts see that scenario as unlikely for now.

Iran has long asserted that it can shut down the Strait of Hormuz. While the strait can't be "closed" in the traditional sense - like shutting a road - Iran could attempt to make the waterway too ...

A fire at Iran's oldest and largest refinery has killed one person and injured several others. State media reported Sunday ...