Bloomberg

President Donald Trump signed an interim deal to end the war with Iran and reopen the Strait of Hormuz, speeding up the timeline for the agreement to go into

Demand for ocean divers who specialize in barnacle scraping is soaring as ships stranded in the Persian Gulf for more than three months prepare to

The US and Iran are preparing to formally sign an interim peace deal that has left both sides claiming victory, with details of the accord still emerging and

Two oil tankers heading toward Africa have u-turned in the Indian Ocean this week, switching their destinations to the Middle East as shipowners race to

European officials are wary of committing naval ships that could be placed in danger because US President Donald Trump wants to open up the Strait of Hormuz as

US President Donald Trump keeps repeating that the Strait of Hormuz — through which one fifth of the world’s oil and liquefied natural gas supplies

A US-Iran deal intended to reopen the Strait of Hormuz within days has been met with caution by shipowners and traders, with many saying they would need more

Oil markets have reacted with enthusiasm to an interim agreement between US and Iran which should reopen the Strait of Hormuz and restore oil and gas flows

A US-Iran deal intended to reopen the Strait of Hormuz within days has been met with caution by shipowners and traders, with almost all saying they would need

By Arsalan Shahla and María Paula Mijares Torres Jun 13, 2026 (Bloomberg) –President Donald Trump said an interim deal to reopen the Strait of

Shipowners are watching warily for a peace deal between the US and Iran and what it would mean for the Strait of Hormuz, with some tanker owners expressing

(Bloomberg) — U.S. forces are helping move millions of barrels through the Strait of Hormuz under the cover of darkness, sometimes escorting more than 20

The US and Iran may sign an agreement to reopen the Strait of Hormuz on the sidelines of the Group of Seven world leaders summit next week, according to senior

Off the coast of Oman over the weekend, 16 tankers clustered together to transfer millions of barrels of oil that had been stranded in the Persian Gulf. A

The number of oil tankers crossing Egypt’s Suez Canal surged by almost a third in April and drove revenue to the highest since early 2024, as the closure of

The number of oil tankers crossing Egypt’s Suez Canal surged by almost a third in April and drove revenue to the highest since early 2024, as the closure of

Kuwait is offering to sell its crude to refiners in Asia for the first time since the Iran war started, the latest indication of rising oil flows through the

The world’s shipowners have placed orders for a record number of new oil supertankers, surpassing a boom back in 2008 that ultimately led to a glut and a

For decades, oil traders, executives and analysts warned that closing the Strait of Hormuz would be a global economic

The Houthis, an Iran-backed militant group that controls much of Yemen, declared a ban on Israeli ships in the Red Sea, threatening a key bypass route to the