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Shipping groups are starting to shy away from the Strait of Hormuz as Israel-Iran conflict rages on
The escalating Israel-Iran conflict has prompted shipowners to exercise an extra degree of caution in both the Red Sea and ...
Insurance Business America2h
Two tankers ablaze after incident near Strait of Hormuz
The Foundation for Defense of Democracies, in a policy briefing published Monday, stated: “US forces in the Middle East are ...
UK Navy Issues Rare Warning to Ships Near Vital Hormuz Strait
The UK Navy issued a rare warning to mariners that higher tensions in the Middle East could impact shipping, including ...
Oil tanker owners reluctant to brave Strait of Hormuz, Frontline chief says
The world’s largest publicly listed oil tanker company is refusing new contracts to sail into the Gulf through the Strait of ...
gasworld22h
Commercial concerns rise for Gulf states and global shipping
All exports of LNG from Qatar, the world’s second largest exporter, and UAE must pass through the strait, with most cargoes ...
What happens if Iran shuts Strait of Hormuz? Artery of global oil turns into ticking time bomb
While Tehran has frequently threatened to block the waterway in response to military pressure or sanctions, the prospect ...
CNBCTV181d
Over 900 ships lose GPS in Strait of Hormuz as Iran-Israel conflict disrupts signals
GPS disruptions hit more than 900 vessels in the Strait of Hormuz, sparking fears of collisions and maritime confusion as ...
Israel-Iran conflict raises alarm over Strait of Hormuz. What it means for oil prices and inflation.
Israel’s military strikes against Iran are raising concerns that Tehran could retaliate by closing the Strait of Hormuz, ...
Argaam4h
Tankers ablaze after collision near Strait of Hormuz
Two oil tankers caught fire today, June 17, following a collision near Strait of Hormuz, raising concerns in global oil and shipping markets that clos ...