News

The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply. Click here for more ...
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.
The Emirati national guard says it has evacuated 24 people from an oil tanker after a collision between two ships just east ...
The escalating Israel-Iran conflict has prompted shipowners to exercise an extra degree of caution in both the Red Sea and ...
Iran and Israel tension have spooked markets due to fears of surging oil prices and inflationary pressures. Read more to find ...
Israel launched strikes against Iran on June 13, saying it targeted nuclear facilities, ballistic missile factories and military commanders during the start of a prolonged operation to prevent Tehran ...
Shipowner Frontline said the incident near the Strait of Hormuz was due to navigational issues and not related to the current ...
The UAE coast guard said it had evacuated 24 people from one of the ships, Adalynn, to the port of Khor Fakkan after the ...
The Emirati national guard says it has evacuated 24 people from an oil tanker after a collision between two ships just east of the world’s most critical oil chokepoint, the Strait of Hormuz ...
Strait of Hormuz is used for exporting crude oil to Asia by members of OPEC including Saudi Arabia, Iran, the United Arab ...