News

The market remains on edge with the biggest fear a potential blockage of the Strait of Hormuz, which would lead prices to soar further. Almost a third of global seaborne oil trade moves through the ...
The escalating Israel-Iran conflict has prompted shipowners to exercise an extra degree of caution in both the Red Sea and ...
Reports indicate tankers are on fire near the Strait of Hormuz amid escalating tensions in the Middle East, raising concerns about maritime security and global oil trade.
The Strait of Hormuz is located between Iran to the north and Oman and the United Arab Emirates (UAE) to the south. It connects the Persian Gulf to the Gulf of Oman, and then to the Arabian Sea.
Tanker rates for vessels carrying refined oil products from the Middle East have surged in recent days, as the exchange of fire between Israel and Iran makes hauling fuel through the Strait of Hormuz ...
Strait of Hormuz is used for exporting crude oil to Asia by members of OPEC including Saudi Arabia, Iran, the United Arab ...
Crude prices bounced as news of fresh attacks rolled in, including another wave of Iranian missiles launched at Israel and more Israeli strikes on Iran. Front-month WTI crude oil futures were 2.1% ...
British maritime security firm Ambrey said early on Tuesday the cause of an incident 22 nautical miles east of Khor Fakkan in the United Arab Emirates, near the Strait of Hormuz, was not ...
Markets are concerned about Iran's frequent threats to blockade the Strait of Hormuz, just as the US heads into peak summer ...
NATS OF SIREN AS THE CONFLICT BETWEEN ISRAEL AND IRAN INTENSIFIES ... NATS OF GAS NOZZLE EXPERTS SAY AMERICANS COULD FEEL IT ...
Before you fill up your tank this week, here’s what you need to know about a conflict thousands of miles away.
The conflict between Israel and Iran could have far-reaching effects, including in the U.S. in the form of rising gas prices.