News

Unverified reports are circulating about three ships ablaze in the Gulf of Oman, near the Strait of Hormuz, heightening ...
The escalating Israel-Iran conflict has prompted shipowners to exercise an extra degree of caution in both the Red Sea and ...
The intensifying conflict between Israel and Iran has led to tanker owners halting offers for Middle East oil routes, causing ...
Freight rates for VLCCs in the Persian Gulf hit multiweek highs as the conflict between Israel and Iran roils the global ...
Kharg Island is a small island in the Persian Gulf. It lies 16 miles off the northwest coast of Iran. It's 451 miles from ...
The initial round of Israeli attacks sent oil prices 7 percent higher on Friday. Still, at about $74 a barrel, Brent crude ...
The number of container vessels slowing down at the Strait of Hormuz is more than three times the normal level, said Ami ...
The last time the United States held a national military parade was in June 1991, timed to welcome returning veterans of the ...
U.S. oil prices already jumped last week, which could cause prices at the pump to rise about 20 cents a gallon in the coming ...
By Ben Aris in Berlin Iran has somewhere between 5,000 and 6,000 naval mines, according to US intelligence estimates, which it could use to block the Straits of Hormuz and halt the flow of a fifth of ...