News

The Emirati national guard says it has evacuated 24 people from an oil tanker after a collision between two ships just east ...
An accidental collision between two oil tankers in the Sea of Oman, indicates that the incident was caused by a navigational misjudgment by one of the vessels, the UAE's energy ministry said on ...
Amid escalating tensions between Iran and Israel, the Strait of Hormuz, a critical global oil route, has become a focal point ...
The Strait of Hormuz is considered the world's most important gateway for oil transport. Hostilities between Iran and Israel ...
Iranian lawmaker says Tehran considering closing waterway, described as ‘world’s most important oil transit chokepoint’.
A tanker collision near the Strait of Hormuz has triggered market jitters over oil supply, with potential ripple effects for ...
While Tehran has frequently threatened to block the waterway in response to military pressure or sanctions, the prospect ...
Cargo movement through the Strait of Hormuz has marked a small decline, but there’s been no major disruption to key oil ...
As the conflict escalates, container shipping faces growing risks from a potential chokepoint closure, rising insurance costs ...
Amid the ongoing tensions between Israel and Iran, ExxonMobil's CEO says there's enough spare capacity to offset any Iranian ...
Israel’s strikes against Iran have threatened to ignite a regional conflict that disrupts oil supplies across the Middle East ...
Iran is seriously considering closing the strategic Strait of Hormuz after launching missile attacks on Israel, threatening a ...