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 ...
TEL AVIV, June 17. /TASS/. The Israel Defense Forces (IDF) have detected an Iranian missile attack on the country and are working to repel it, the press service reported. "A short while ago, the IDF ...
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 ...
The Strait of Hormuz might look like just a narrow stretch of water, but it’s one of the most important routes for the ...
Venezuelan President added that Iran has the right to self-defense and may close the Strait of Hormuz, if necessary ...
A blaze that’s been spotted in waters off the United Arab Emirates and near the entrance to the Strait of Hormuz is not ...
Johnathon Morvay, CIRAT senior analyst, predicts this conflict will bring the end of the Ayatollah Ali Khamenei's regime in Iran. McKenzie Smith, CIRAT assistant director, said she is watching to see ...
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 ...