The intensifying conflict between Israel and Iran has led to tanker owners halting offers for Middle East oil routes, causing freight rates to jump and raising concerns about disruptions to global ...

Two giant ocean-going tankers collided and caught fire and two other ships were approached by Iranian boats near the Strait of Hormuz energy chokepoint, rattling global oil and shipping markets ...

The Global SuperTanker, the world’s largest wildfire-fighting aircraft, sits at Pinal Air Park in Red Rock, north of Tucson. The plane is a retrofitted Boeing 747 and has been used to fight ...

Benchmark supertanker rates from the Middle East to China soared more than 20% on Friday. Absent any supply disruptions, the potential market impact of the attacks so far has been on the demand side.

(Bloomberg) -- Oil fell on signs that the conflict in the Middle East may avoid disrupting crude production, with Iran seeking to deescalate hostilities with Israel. Most Read from BloombergAs ...

The benchmark rate for a supertanker carrying 2M barrels of crude from the Middle East to China jumped 12%, reaching the equivalent of ~$76K/day, the highest since March 2023, Bloomberg reported ...

The dads meet the prime minister to discuss their campaign to have suicide prevention classes.

CalFire spokesman Daniel Berlant said the "supertanker" based in Victorville costs about $57,000 per day to operate for a minimum of five days.