As the conflict escalates, container shipping faces growing risks from a potential chokepoint closure, rising insurance costs ...

Iran and Israel tension have spooked markets due to fears of surging oil prices and inflationary pressures. Read more to find ...

Crude futures were lower and ING said the market’s biggest fear is the Strait of Hormuz shutting down, with significant disruption to oil flows sufficient to push prices to $120 a barrel.

TradeWinds has also been told that vessels passing Hormuz have been told to proceed at speed, to lessen their time in the ...

Discover the Strait of Hormuz: its map, critical importance, key facts, and role as a vital chokepoint for global oil transit ...

The Emirati national guard says it has evacuated 24 people from an oil tanker after a collision between two ships just east of the world’s most critical oil chokepoint, the Strait of Hormuz ...

The Strait of Hormuz is considered the world's most important gateway for oil transport. Hostilities between Iran and Israel ...

A tanker collision near the Strait of Hormuz has triggered market jitters over oil supply, with potential ripple effects for ...

Two giant ocean-going tankers collided and caught fire and two other ships were approached by Iranian boats near the Strait ...

British maritime security firm Ambrey said that the incident was not security-related, as the days-long conflict between ...

Amid the ongoing tensions between Israel and Iran, ExxonMobil's CEO says there's enough spare capacity to offset any Iranian ...

Crude oil prices continue to face upward pressure as the conflict between Israel and Iran continues, raising concerns about oil supply disruptions from the Middle East.