News

As the conflict escalates, container shipping faces growing risks from a potential chokepoint closure, rising insurance costs ...
Conflict between Israel and Iran has rekindled fears of a disruption to a narrow waterway key to the global economy.
The Strait of Hormuz is considered the world's most important gateway for oil transport. Hostilities between Iran and Israel ...
Hormuz Strait separates Iran from Oman and UAE, connecting the Persian Gulf to the Arabian Sea. Every day, around 20 million barrels of oil transit the Strait ...
The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply. Click here for more ...
Unverified reports are circulating about three ships ablaze in the Gulf of Oman, near the Strait of Hormuz, heightening ...
The number of container vessels slowing down at the Strait of Hormuz is more than three times the normal level, said Ami ...
The escalating Israel-Iran conflict has prompted shipowners to exercise an extra degree of caution in both the Red Sea and ...
TheStreet. Kharg Island is a small island in the Persian Gulf. It lies 16 miles off the northwest coast of Iran. It's 451 ...