News

Iran conflict, Iran is reportedly considering closing the Strait of Hormuz, which is critical in transporting the world's oil.
Industry experts warn Israel-Iran conflict could push oil to $120 per barrel if shipments through the Strait of Hormuz are ...
Oil prices could surge from a current level of about $73 per barrel up to $120 per barrel if the Israel-Iran conflict damages Iranian oil infrastructure or impedes the passage of some oil tankers in ...
Shipowner Frontline said the incident near the Strait of Hormuz was due to navigational issues and not related to the current ...
Somaliland offers a stable base near Red Sea chokepoints amid rising tensions with Iran and China’s influence in Djibouti.
Two oil tankers collided and caught fire near the Strait of Hormuz Wednesday night. Electronic interference was reported in the region.
Russian gas accounted for about 19% of EU imports last year, down from roughly 45% before Moscow's invasion of Ukraine and oil imports have declined to 3% from 27% in early 2022. Global Banks Increase ...
As the conflict escalates, container shipping faces growing risks from a potential chokepoint closure, rising insurance costs ...
Two oil tankers caught fire off the coast of the United Arab Emirates in a dramatic incident that has once again brought ...
If the U.S. entered the conflict between Iran and Israel, Tehran could target American military assets in the region, experts ...
The Foundation for Defense of Democracies, in a policy briefing published Monday, stated: “US forces in the Middle East are ...
As fighting between Israel and Iran is boiling over, the most strategic oil chokepoint in the world – the Strait of Hormuz – ...