News

No injuries were reported after a collision of two crude oil tankers sparked a fire near the Strait of Hormuz.
The Strait of Hormuz is considered the world's most important gateway for oil transport. Hostilities between Iran and Israel ...
As Israel pounds Iran with airstrikes targeting military facilities and its nuclear sites, officials in Tehran have proposed ...
Some energy facilities have been hit in both Israel and Iran in recent days, although major oil and gas infrastructure and ...
As fighting between Israel and Iran is boiling over, the most strategic oil chokepoint in the world – the Strait of Hormuz – ...
Middle East tensions prompt ship diversions from Strait of Hormuz as Gulf-to-China freight rates surge 24%, fuelling concerns ...
The escalating Israel-Iran conflict has prompted shipowners to exercise an extra degree of caution in both the Red Sea and ...
Cargo movement through the Strait of Hormuz has marked a small decline, but there’s been no major disruption to key oil ...
The Strait of Hormuz, a narrow waterway at the mouth of the Persian Gulf, is rarely far from the center of global tensions. A major shipping route that handles almost 30% of the world’s oil ...
The Gulf of Oman is near the Strait of Hormuz, the narrow mouth of the Persian Gulf through which a fifth of all globally traded oil passes. Fujairah, on the United Arab Emirates' eastern coast ...