News

As the conflict escalates, container shipping faces growing risks from a potential chokepoint closure, rising insurance costs ...
The escalating Israel-Iran conflict has prompted shipowners to exercise an extra degree of caution in both the Red Sea and ...
Two oil tankers collided and caught fire near the Strait of Hormuz Wednesday night. The tankers, located off the coast of ...
Shipowner Frontline said the incident near the Strait of Hormuz was due to navigational issues and not related to the current ...
The Foundation for Defense of Democracies, in a policy briefing published Monday, stated: “US forces in the Middle East are ...
Strait of Hormuz is a significant and strategic route for shipping in the region as around a fifth of the global oil shipments pass via the route each year.
While Tehran has frequently threatened to block the waterway in response to military pressure or sanctions, the prospect ...
As fighting between Israel and Iran is boiling over, the most strategic oil chokepoint in the world – the Strait of Hormuz – ...
Amid the ongoing tensions between Israel and Iran, ExxonMobil's CEO says there's enough spare capacity to offset any Iranian ...
Oil steadied, after jumping to the highest in almost five months on Tuesday, as speculation the US may join Israel’s attack ...
The Gulf region faces rising concerns over ship jamming, affecting navigation and safety. Fake signals show oil tankers in improbable locations, complicating maritime activities. As geopolitical ...