Iran conflict

Shipping

Oil Sinks After Iran Targets U.S. Base—Not Tankers

Oil prices settled down more than 7% on Monday, losing more than $5 a barrel after Iran took no action to disrupt oil and gas tanker traffic through the

Shipping

Middle East Conflict Drives Spike in War Risk Insurance Costs

 U.S. and Israeli attacks on Iran and Tehran's reprisals have doubled the price of insuring shipments to the Middle East and the Gulf in the last week,

Shipping

The Strait That Never Shuts: History and Markets Defy Iran’s Latest Hormuz Threat

Despite numerous threats throughout its history, the Strait of Hormuz has never been fully closed to maritime traffic—a testament to its critical importance

Ports

Fire at Iran’s Bandar Abbas Port Contained as Death Toll Rises

The death toll from a major explosion in Iran's most important container port of Bandar Abbas rose to at least 65, with over 1,200 injured, state media said on