Hormuz Shutdown Sends Global Shockwaves as UN Warns of Inflation Surge and Slowing Growth
The Strait of Hormuz—one of the world’s most critical energy chokepoints—remains effectively closed, sending shockwaves through global trade, energy
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The Strait of Hormuz—one of the world’s most critical energy chokepoints—remains effectively closed, sending shockwaves through global trade, energy
In recent days, the operator of an oil tanker stuck in the Persian Gulf received a compelling proposal. After weeks at anchor with missiles and drones passing
The number of Panama-flagged ships detained by China’s Port State Control soared in March, compared with February and January, according to The Loadstar’s
Global oil supplies are expected to be hit twice as hard this month as in March, the International Energy Agency said on Wednesday, underlining the urgent need
A fuel oil tanker chartered by QatarEnergy has been struck by a missile in waters off Qatar, marking a sharp escalation in maritime attacks and pushing the
The International Chamber of Shipping (ICS) and the International Transport Workers’ Federation (ITF) have held urgent talks with Gulf State
A Kuwaiti supertanker carrying more than 2 million barrels of crude was struck by a drone in waters off Dubai late Monday, triggering a fire that was later
US oil prices ended Monday’s session above $100 a barrel for the first time since the US and Israel launched a war against Iran as President Donald Trump
Golden Pass LNG has produced its first liquefied natural gas from Train 1 at its Sabine Pass export terminal in Texas, marking a major milestone for
The Western allies trying to negotiate a way to protect the Strait of Hormuz for energy shipping face a stark reality: a similar effort in the Red Sea that
The UN Trade and Development is warning that the Strait of Hormuz crisis is quickly moving beyond a shipping disruption and into a broader economic
By Eric Martin and Scott Squires Mar 29, 2026 (Bloomberg) –The Trump administration is planning to let a Russian oil tanker dock in Cuba,
BENGALURU, March 29 (Reuters) – Two India-bound liquefied petroleum gas tankers carrying about 94,000 metric tons of the cooking gas have safely
By Nidhi Verma NEW DELHI, March 28 (Reuters) – Two liquefied petroleum gas tankers, BW Elm and BW Tyr, are crossing the Strait of Hormuz bound for
Yemeni group warns its “fingers are on the trigger” as Hormuz disruption collides with rising Bab el-Mandeb risk. Yemen’s Iran-aligned Houthi movement
By Lori Ann LaRocco – Iran says it has begun enforcing new controls over shipping in the Strait of Hormuz, claiming it blocked multiple container
The U.S. expects its operation against Iran to conclude within weeks, not months, and Washington can meet all its objectives without using ground troops, U.S.
The United Nations is stepping up efforts to contain the fallout from the escalating crisis in the Strait of Hormuz, advancing a new humanitarian-focused
A Thai-flagged bulk carrier struck in the Strait of Hormuz earlier this month has now run aground on Iran’s Qeshm Island, as rescue teams
Two Chinese container ships turned backed after trying to exit the Gulf via the Strait of Hormuz on Friday, ship-tracking data showed, despite assurances from
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