Strait Showdown: Tankers Turn Back Amid Rising Tensions Supertankers near the Strait of Hormuz are altering their routes following U.S. military actions in Iran. This has resulted in increased ...

At least two supertankers made U-turns near the Strait of Hormuz following US military strikes on Iran, shiptracking data shows, as more than a week of violence in the region prompts vessels to speed, ...

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 ...

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.

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 ...