News

THE escalating conflict between Israel and Iran poses a grave threat to global supply chains, with a potential de-facto closure of the Strait of Hormuz — a critical choke point for international ...
Conflict between Israel and Iran has rekindled fears of a disruption to a narrow waterway key to the global economy.
Two oil tankers caught fire off the coast of the United Arab Emirates in a dramatic incident that has once again brought ...
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 ...
In retaliation, Iran launched ballistic missile strikes and deployed kamikaze drones targeting Israeli cities, hitting Tel ...
No injuries were reported after a collision of two crude oil tankers sparked a fire near the Strait of Hormuz.
The Strait of Hormuz is considered the world's most important gateway for oil transport. Hostilities between Iran and Israel ...
From a logistical standpoint, re-routing crude through Gwadar to China’s western region of Xinjiang cuts shipping distance by ...
Shipowner Frontline said the incident near the Strait of Hormuz was due to navigational issues and not related to the current ...
The Foundation for Defense of Democracies, in a policy briefing published Monday, stated: “US forces in the Middle East are ...
Two oil tankers collided and caught fire on Tuesday near the Strait of Hormuz. The incident occurred amid a surge in ...
Surging oil prices are pressuring Asian currencies like the baht, won, and Taiwan dollar as geopolitical tensions raise fears ...