Located between Oman and Iran, the Strait of Hormuz is the world's most important access route for oil transportation.

Global shipping is already adapting to heightened risks near the Strait of Hormuz. With tanker freight rates jumping over 20% and major flag states urging route adjustments, UAE importers, exporters, ...

Former Foreign Secretary Shashank noted that while India would eventually have to seek alternative routes and sources for ...

At least three ships are reportedly on fire in the Gulf of Oman following a collision between two vessels, prompting an emergency rescue operation near the strategic Strait of Hormuz, according to the ...

Those proposals mirror those previously floated by Iran in confrontations with either Israel or the United States in that ...

Shipowner Frontline said the incident near the Strait of Hormuz was due to navigational issues and not related to the current Israel-Iran conflict.

Qatar warned Tuesday that Israeli attacks on energy facilities in Iran will impact oil prices. "The attack on the Iranian ...

Oil prices were driven higher on Tuesday by the Iran-Israel conflict, though major oil and gas infrastructure and flows have ...

Fitch Ratings said that an escalation of the conflict between Israel and Iran could hurt some governments’ financial positions, but contained fighting lasting no more than a few weeks was unlikely to ...