Iran conflict

Recent U.S. intelligence reports warn that Iran is unlikely to open the Strait of Hormuz any time soon because its grip on the world’s most vital oil artery

The Trump administration has doubled its maritime insurance backstop to $40 billion, expanding a flagship effort to restart commercial shipping through the

Container spot freight rates on the main east-west trades largely flatlined this week as excess capacity and uneven demand failed to further spur recent

By Weilun Soon and Samy Adghirni (Bloomberg) — A French container ship and a Japanese-owned tanker have crossed the Strait of Hormuz, in what appear to

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

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

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

BENGALURU, March 29 (Reuters) – Two India-bound liquefied petroleum gas tankers carrying about 94,000 metric tons of the cooking gas have safely

By Dan Williams, Kateryna Kadabashy and Dana Khraiche Mar 28, 2026 (Bloomberg) —Houthi militants launched ballistic missiles at Israel on Saturday

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.

Carnival Corp cut its annual profit forecast on Friday, as higher fuel costs pressure the cruise operator's margins amid rising geopolitical

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