Reuters |Luke Baker: Iran is unlikely to block the Strait of Hormuz, the worlds busiest oil-shipping channel, in reprisal for the killing of Qassem Soleimani for fear of aggravating its Gulf allies and China, regional analysts said on Monday. Tehran has long threatened to block the waterway between Iran and Oman - 33 km (21 miles) wide at its narrowest ...

By Associated Press TEHRAN, Iran (AP) A top Iranian naval commander said Monday that Tehran's forces have full control over the Gulf's strategic Strait of Hormuz, but have no plans to try to close the route for one-fifth of the world's oil. The comments by Adm. Ali Reza Tangsiri, acting commander of the Revolutionary Guard naval forces, appear ...

Oman, which faces Iran across the Strait of Hormuz, said its poised to start raising cash for a $3 billion rail line offering an alternative route for oil and freight shipments that funnel through the 21 mile-wide channel. The nation of 3.3 million people, located on the southern side of the strait, is considering issuing bonds by the end of 2014 ...

The commander of the Iranian Navy says the Islamic Republic does not seek closure of the strategic Strait of Hormuz in the Persian Gulf. We are not after closing Strait of Hormuz, Rear Admiral Habibollah Sayyari said at a meeting with students of Mazandaran University in northern Iran on Sunday, Fars news agency reported. The Iranian commander,...

More than a half of deputies of the Iranian Parliament, or Majlis, have voted for a draft law that would block the Strait of Hormuz, a parliamentary official Karimi Qodoosi said on Friday. Reuters reported, just over half of Iran's parliament has backed a draft law to block the Strait of Hormuz, a lawmaker said on Friday, threatening to close the ...