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The Business Standard

Wednesday
March 11, 2026

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WEDNESDAY, MARCH 11, 2026

Strait of Hormuz

Strait of Hormuz

Aramco's oil field in the Empty Quarter, Shaybah, Saudi Arabia, January 12, 2024. Photo: Reuters

Aramco sees 'catastrophic consequences' for oil markets if Hormuz strait remains blocked

Oil shipments have been largely blocked from using the shipping artery, where normally ‌roughly 20% of the world's oil would pass through daily.

Luojiashan tanker sits anchored in Muscat, as Iran vows to close the Strait of Hormuz, amid the US-Israeli conflict with Iran, in Muscat, Oman, March 7, 2026. Photo: REUTERS/Benoit Tessier

Oil sinks 7% as Trump predicts Middle East de-escalation

A map showing the Strait of Hormuz and Iran is seen behind a 3D printed oil pipeline in this illustration taken June 22, 2025. Photo: REUTERS/Dado Ruvic/Illustration//File Photo

Iran says oil blockade will continue until attacks end, Trump threatens to hit harder

Representational image. Photo: Reuters

Energy crisis averted for now as more oil, gas on the way

Photo: Reuters

4 LNG, 2 LPG vessels that crossed Strait of Hormuz before Middle East conflict now headed to Ctg 

An aerial view of the Iranian shores and Port of Bandar Abbas in the strait of Hormuz on 10 December 2023. File Photo: Reuters

Iran's Guards challenges Trump to have US Navy escort oil tankers in Strait of Hormuz

An oil tanker unloads crude oil at a crude oil terminal in Zhoushan, Zhejiang province, China July 4, 2018. Picture taken July 4, 2018. REUTERS/Stringer

China in talks with Iran to allow safe oil and gas passage through Hormuz, sources say

Representational Image. Photo: Reuters

Iran says it hits US oil tanker in Gulf, no immediate confirmation

An aerial view of the Iranian shores and the island of Qeshm in the strait of Hormuz, December 10, 2023. Photo: REUTERS/Stringer/File Photo

Iran says Strait of Hormuz closed only to US, Israeli and Western vessels

Illustration: Ashrafun Naher Ananna/TBS Creative

4 Bangladeshi sailors return home from missile-hit ship; over 100 remain stranded near Strait of Hormuz

Illustration: Ashrafun Naher Ananna/TBS Creative

Volume of crude oil transported through the Strait of Hormuz in 2025 Q1 by destination

Tankers are seen off the coast of the Fujairah, as Iran vows to close the Strait of Hormuz, amid the U.S.-Israel conflict with Iran, in Fujairah, United Arab Emirates, March 3, 2026. REUTERS/Amr Alfiky/File Photo

Hormuz shutdown worsens after US hits Iranian warship; tankers stranded for fifth day

Graphics: TBS

Fulcrum of global stability: What happens when Hormuz closes

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