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U.S. President Donald Trump on Tuesday called for an “unconditional surrender” from Iran, warning Washington’s patience was ...
Oil is held in closely packed storage tanks at Kharg, making it more vulnerable to attack than cargoes on ships dotted around ...
Recent exchanges between Israel and Iran have raised market concerns over potential disruptions to trade flows through the ...
Shipping analysts attribute the rising chartering costs in part to an increase in war risk premiums. According to Xclusiv ...
Stocks in Europe struggled for direction and Hargreaves Lansdown said the widening of conflict in the Middle East and unpredictability of U.S. trade policy meant the Federal Reserve was expected to ...
Middle Eastern oil that loads outside the Persian Gulf and at least one Malaysian grade are suddenly more popular with Asian ...
The oil market remains on edge with the conflict between Israel and Iran entering its sixth day. Iron ore prices sank below ...
Business entities using the Mombasa port are holding onto hope that the Israel-Iran war will not escalate into a damaging ...
Two oil tankers collided and caught fire near the Strait of Hormuz Wednesday night. Electronic interference was reported in the region.
Iran’s allies, the self-described “Axis of Resistance,” have been severely hurt by ongoing Israeli attacks since the Oct. 7, ...
The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply. Click here for more ...
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