News

The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply. Click here for more ...
Experts including Sal Mercogliano, a maritime historian at Campbell University in North Carolina and a former merchant ...
Two oil tankers collided and caught fire near the Strait of Hormuz Wednesday night. The tankers, located off the coast of ...
Conflict between Israel and Iran has rekindled fears of a disruption to a narrow waterway key to the global economy.
* About a fifth of the volume of the world's total oil consumption passes through the Strait on a daily basis. An average of ...
Amid soaring Israel-Iran tensions, dramatic images on social media show three ships engulfed in flames off the Gulf of Oman ...
Shipowner Frontline said the incident near the Strait of Hormuz was due to navigational issues and not related to the current ...
The Strait of Hormuz is considered the world's most important gateway for oil transport. Hostilities between Iran and Israel ...
Iran and Israel tension have spooked markets due to fears of surging oil prices and inflationary pressures. Read more to find ...
The Iranian government reveals its plan to close the Strait of Hormuz, a crucial waterway responsible for 20 percent of the ...
Türkiye has elevated the security level for Turkish-flagged vessels calling at Iranian ports or navigating the Strait of ...
Bangladesh is likely to face disruptions in fuel imports, as the ongoing Iran-Israel conflict may affect the routes through ...