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 both a vital passage point and a permanent point of tension. As long as the world depends on Oil from ...
Navigation signals from more than 900 vessels in the Strait of Hormuz and the Persian Gulf went awry over the weekend, ...
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 Emirati national guard says it has evacuated 24 people from an oil tanker after a collision between two ships just east of the world’s most critical oil chokepoint, the Strait of Hormuz ...
The escalating Israel-Iran conflict has prompted shipowners to exercise an extra degree of caution in both the Red Sea and ...
Oman and Qatar were leading efforts to begin ceasefire talks, while mediators said Iran was open to resuming nuclear ...
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Kharg Island is a small island in the Persian Gulf. It lies 16 miles off the northwest coast of Iran. It's 451 miles from ...
The intensifying conflict between Israel and Iran has led to tanker owners halting offers for Middle East oil routes, causing ...
Global markets have remained relatively calm amid the escalating tensions between Israel and Iran. But that sentiment could quickly shift, according to experts, if the conflict affects the Strait of ...
Freight rates for VLCCs in the Persian Gulf hit multiweek highs as the conflict between Israel and Iran roils the global ...