‘World’s Most Important Oil Chokepoint’ Is Ground Zero for the Escalating U.S.-Iran Feud

When tensions rise in the Strait of Hormuz, history says trouble is ahead. The strait–which forms a tiny passage from the Persian Gulf to the Gulf of Oman–is the “world’s most important oil chokepoint,” according to the U.S. Energy Information Administration (EIA). The narrow waterway forms a crucial link between the vast oil reserves of […]

Saudi Arabia Says Oil Tankers Damaged In “Sabotage Attack” as Middle East Tensions Rise

Saudi Arabia said two of its oil tankers were attacked while sailing toward the Persian Gulf, adding to regional tensions as the U.S. increases pressure on Iran. The Saudi tankers were damaged in “a sabotage attack” off the United Arab Emirates coast on Sunday, state-run Saudi Press Agency reported. The vessels were approaching the Strait […]