News

Oil tankers collide in Strait of Hormuz during Middle East conflict
Two oil tankers collided and caught fire near the Strait of Hormuz Wednesday night. The tankers, located off the coast of ...
Oil Could Hit $120 if Strait of Hormuz Flows Are Disrupted, ING Says
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.
Visual analysis: GPS interference raises risk of accidents in Strait of Hormuz
Experts including Sal Mercogliano, a maritime historian at Campbell University in North Carolina and a former merchant ...
Khaleej Times on MSN4h
Two oil tankers collide, catch fire near Strait of Hormuz
DUBAI/COPENHAGEN: Two oil tankers collided and caught fire on Tuesday (Jun 17) near the Strait of Hormuz, where electronic ...
Why the Strait of Hormuz Matters to Energy Markets
Conflict between Israel and Iran has rekindled fears of a disruption to a narrow waterway key to the global economy.
OilPrice.com19m
Tokyo Gas LNG Supply Unaffected by Middle East Conflict
Tokyo Gas confirms its LNG supply remains unaffected by the current Israel-Iran conflict as it does not import from Middle ...
UAE coast guard evacuates 24 people from oil tanker crash east of the critical Strait of Hormuz
The Emirati national guard says it has evacuated 24 people from an oil tanker after a collision between two ships just east ...
Conflict Prompts Container Ship Backup at Strait of Hormuz
The number of container vessels slowing down at the Strait of Hormuz is more than three times the normal level, said Ami ...