Bloomberg

Saudi Arabia’s race to bypass the Strait of Hormuz has led to a buildup of oil supertankers waiting off the kingdom’s Red Sea coast to collect cargoes, as

The US issued a second authorization letting countries buy more Russian oil that’s stuck on tankers due to sanctions, part of the White House’s push to

The Trump administration plans to waive a century-old maritime law that requires American ships be used to transport goods between US ports as it seeks to

The US Navy could start escorting tankers through the Strait of Hormuz by the end of this month, Energy Secretary Chris Wright said.  Wright said on CNBC on

A Thai-flagged cargo vessel was struck in the Strait of Hormuz on Wednesday shortly after departing from the United Arab Emirates, as regional tensions

China Cosco Shipping Corp. suspended its services at Panama’s Balboa port, a local media report said, after Beijing warned of a “heavy price” for the

The Strait of Hormuz remains effectively closed to almost all but Iran-linked traffic with the conflict in the Middle East now in its second

Oil supply cuts in the Middle East are deepening, shaving about 6% off global output, as the effective closure of the Strait of Hormuz piles more pressure on

A ship hauling a million barrels of Saudi crude sailed through the Strait of Hormuz in recent days, one of the first big tankers to leave the Persian Gulf

By Arsalan Shahla, Josh Wingrove and Omar Tamo Mar 8, 2026(Bloomberg) —Iran picked a new supreme leader and kept up attacks on the ninth day of the war

By Daniel Flatley Mar 7, 2026(Bloomberg) –Treasury Secretary Scott Bessent said the US may lift sanctions on further Russian oil supply after a move

By Serene Cheong Mar 7, 2026 (Bloomberg) –Another bulk carrier signaled it was Chinese-owned as it sailed through the Strait of Hormuz, the narrow

By Bloomberg News Mar 6, 2026(Bloomberg) –US oil posted the biggest weekly gain on record as the war in Iran upends critical energy market flows,

Qatar appears to have loaded its first liquefied natural gas cargo after the widening conflict in the Middle East forced it to halt fuel production and declare

London-based reinsurers are issuing seven-day cancellation notices on marine war-risk coverage after a US submarine torpedoed an Iranian warship off Sri Lanka,

The US sinking of an Iranian warship off Sri Lanka’s coast expands the deepening Middle East war to India’s doorstep, unsettling New Delhi’s calibrated

France has reached out to the governments of Italy and Greece to coordinate efforts in the Eastern Mediterranean as tensions over the war in Iran flare, a

It’s never been more expensive to ship crude from the US to Asia, though some deals are starting to fall through already with rates

Iranian drone attack forces Qatar to shut down Ras Laffan LNG facility for first time in 30 years, threatening a fifth of global supply. European gas prices

President Donald Trump says the US will ensure the free flow of energy through the Persian Gulf with insurance guarantees and even naval escorts. But the