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130 resultsfor “importance of Strait of Hormuz for oil supply”

Business

Airlines in Europe slash thousands of flights as Iran war cuts jet fuel supplies

Strait of Hormuz, the narrow waterway off Iran's coast, would lead to higher jet fuel prices and possible shortages in Europe. [![A pumping jack is visible in silhouette against an orange-sky sunrise

NPR Topics: NewsApr 23
Politics

Trump says ceasefire with Iran on ‘life support’ after rejecting peace proposals

important waterway, as well as urgent humanitarian measures to help crews who have been stuck on oil tankers for weeks. Almost 1,500 tankers and 20,000 seafarers are stranded in the Gulf

The Guardian WorldMay 11
Business

The threat to summer holidays looming from jet fuel shortages

imports, more than half of which typically come from the Gulf. With the Strait of Hormuz having been blocked for the past eight weeks, however, those supplies have not been available, prompting a scramble

BBC NewsMay 3
World

‘Whole morning revolves around gas’: Pakistan’s fuel crisis enters kitchens

supplied mainly under long-term contracts, fills part of that gap when shipments flow normally. Almost all of Pakistan’s LNG comes from Qatar and the United Arab Emirates, and imported LNG powers roughly

Al Jazeera EnglishMay 12
Business

Lufthansa cuts 20,000 flights as Iran war causes jet fuel shortage

Strait of Hormuz, the vital waterway where one-fifth of the world’s oil and liquefied natural gas supplies are normally shipped. The price of jet fuel has more than doubled in certain markets since

Al Jazeera EnglishApr 23
Business

EasyJet boss says 'don't panic' over summer jet fuel supplies

Strait of Hormuz waterway, normally a key route for Europe's jet fuel, and this has led to near doubling in fuel prices. While EasyJet said its supplies were not affected, it added that customers

BBC NewsMay 21
Politics

Rubio visits India to sell energy as Iran oil shock persists

Hormuz - a narrow shipping lane that has become a flashpoint since Israel and the US attacked Iran in February - have virtually ground to a halt. Iran has used the closure of the strait

BBC NewsMay 22
Conflicts

Iran war: 10 frequently used words and their meanings

oil supplies normally flow, which has been repeatedly restricted or threatened with closure by both parties, Iran and the US. During the war, many of the words and terms dominating the headlines carry deeper historical

Al Jazeera EnglishApr 19
Politics

China-Russia relations are as strong as ever thanks to Trump

Strait of Hormuz has made China critically reliant on Russian oil and gas supplies and thus helped Moscow fill up its coffers and get additional funds for its ongoing war on Ukraine. In the first

Al Jazeera EnglishMay 19
Health

How Iran war has triggered soaring cost of medicines, condoms

Strait of Hormuz, through which 20 percent of the world’s oil and liquefied natural gas (LNG) supplies are shipped in peacetime. Experts say this has also disrupted pharmaceutical supply chains, which are reliant

Al Jazeera EnglishApr 23
Politics

US extends sanctions waiver on Russian oil: Why it matters

supply to countries most in need by reducing China’s ability to stockpile discounted oil,” he added. The US issued its first 30-day sanctions waiver for Russian oil and petroleum products in March

Al Jazeera EnglishMay 19
Business

Jet fuel shortage: Why Iran war could ground flights in Europe

Hormuz between the US and Iran. The strait is a vital water passageway through which one-fifth of the world’s oil and liquefied natural gas (LNG) supplies are shipped during peacetime. The collapse

Al Jazeera EnglishApr 16
World

Global energy crisis highlights meagre oil buffers in developing world

Strait of Hormuz](/news/2026/4/14/fao-warns-strait-of-hormuz-disruption-risks-triggering-a-global-food-crisis) drives the worst energy crunch in modern history, leading governments to scramble to unload their emergency oil stockpiles, developing countries are among the least prepared to mitigate the shock. Although surging

Al Jazeera EnglishMay 12
World

Iran resumes commercial flights from Tehran airport

Strait of Hormuz, meanwhile, has triggered the prospect of a mounting jet fuel crisis. The European Union is [considering jet fuel imports](/news/2026/4/21/eu-eyes-options-as-iran-conflict-threatens-jet-fuel-shortages) from the US, alongside new minimum reserve quotas, amid a pending supply

Al Jazeera EnglishApr 25
Politics

Trump-Xi summit: China, US disagree on what they agreed on

Hormuz must remain open to support the free flow of energy”. Since early March, Iran has restricted shipping through the strait, a narrow waterway linking Gulf oil producers to the open ocean and through which

Al Jazeera EnglishMay 15
Business

Oil prices rise after Trump says Iranian ship seized

importance as usually about 20% of the world's oil and liquefied natural gas passes through it. Energy markets have seen wild swings since the US and Israel attacked Iran on 28 February and Tehran

BBC NewsApr 20
Politics

‘Operation Epic Fury’ has ended: Is the Iran war over?

oil and liquefied natural gas (LNG) supplies are shipped in peacetime. Iran’s threats to attack ships in the strait have blockaded it since the US-Israel attacks on Iran began. Then, the US announcement

Al Jazeera EnglishMay 6
Business

Iran war forces job losses, reverse migration in India’s ceramic hub

Strait of Hormuz, a lifeline for India’s gas imports, continues. Meanwhile, the war continues, with the US on Sunday capturing an Iranian cargo vessel, even as Washington says it is willing to hold another

Al Jazeera EnglishApr 21
Business

US moves to release more oil stockpiles under IEA agreement

supply needs, and ensure that the Strategic Petroleum Reserve remains strong through the return of premium barrels,” Kyle Haustveit, the head of the department’s Hydrocarbons and Geothermal Energy Office, said in a statement

Al Jazeera EnglishMay 12
Business

Four in five Britons worried Iran war will make food more expensive, poll finds

strait of Hormuz has already sent oil and gas prices soaring, caused a [crisis in the global fertiliser industry](https://www.theguardian.com/world/2026/apr/03/visual-guide-gulf-fertiliser-blockade), and has made shipping and distribution more expensive. The effects have

The Guardian WorldMay 6
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