News

UAE coast guard evacuates 24 people from oil tanker crash east of the critical Strait of Hormuz
The Emirati national guard says it has evacuated 24 people from an oil tanker after a collision between two ships just east ...
Why Iran closing the Strait of Hormuz could be catastrophic for the world
Iran’s threat to shut Homruz comes as a vessel crashed into two ships sailing nearby, 22 nautical miles east of Khor Fakkan ...
Israel-Iran conflict: Why Strait of Hormuz is critical for India’s energy imports, global oil and gas flows
There are reports that a few shipping lines may be reassessing routes, particularly the choke point of the Strait of Hormuz, ...
Shipping groups are starting to shy away from the Strait of Hormuz as Israel-Iran conflict rages on
The escalating Israel-Iran conflict has prompted shipowners to exercise an extra degree of caution in both the Red Sea and ...
A supertanker with oil for China has hooked a sanctions vessel: the Strait of Hormuz
A supertanker with Iraqi oil for China made an unsuccessful maneuver and hit a sanctioned tanker in the Gulf of Oman. The ...
What happens if Iran shuts Strait of Hormuz? Artery of global oil turns into ticking time bomb
While Tehran has frequently threatened to block the waterway in response to military pressure or sanctions, the prospect ...
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UAE coast guard evacuates 24 people from oil tanker crash in east Strait of Hormuz
British maritime security firm Ambrey said that the incident was not security-related, as the days-long conflict between ...
Oil News: Tensions at Hormuz Threaten 20M bpd Oil Flow, Fueling Price Surge
Tensions at the Strait of Hormuz risk 20M bpd in crude oil flow, fueling a sharp rally in oil futures and boosting market ...