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

There are reports that a few shipping lines may be reassessing routes, particularly the choke point of the Strait of Hormuz, ...

The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply. Click here for more ...

Hostilities between Iran and Israel have raised fears that shipping and crude flows through the narrow waterway may now slow ...

Two oil tankers collided and caught fire near the Strait of Hormuz Wednesday night. The tankers, located off the coast of ...

The UAE coast guard successfully evacuated 24 individuals from the crude oil tanker ADALYNN following a collision in the Gulf ...

DUBAI/COPENHAGEN: Two oil tankers collided and caught fire on Tuesday (Jun 17) near the Strait of Hormuz, where electronic ...

Israel launched strikes against Iran on June 13, saying it targeted nuclear facilities, ballistic missile factories and ...

Strait of Hormuz is used for exporting crude oil to Asia by members of OPEC including Saudi Arabia, Iran, the United Arab ...

While Tehran has frequently threatened to block the waterway in response to military pressure or sanctions, the prospect ...

Shipowner Frontline said the incident near the Strait of Hormuz was due to navigational issues and not related to the current ...

Conflict between Israel and Iran has rekindled fears of a disruption to a narrow waterway key to the global economy.