News

The escalating Israel-Iran conflict has prompted shipowners to exercise an extra degree of caution in both the Red Sea and ...
Reports indicate tankers are on fire near the Strait of Hormuz amid escalating tensions in the Middle East, raising concerns about maritime security and global oil trade.
The Strait of Hormuz is located between Iran to the north and Oman and the United Arab Emirates (UAE) to the south. It ...
The Strait of Hormuz might look like just a narrow stretch of water, but it’s one of the most important routes for the ...
The market remains on edge with the biggest fear a potential blockage of the Strait of Hormuz, which would lead prices to soar further. Almost a third of global seaborne oil trade moves through the ...
Middle East is causing a surge in oil prices, which may lead the South African Reserve Bank to reconsider its interest rate ...
TEMPO.CO, Jakarta - U.S. President Donald Trump unexpectedly announced his early departure from the G7 Summit on Monday night ...