Iran conflict

The U.S. dollar-dominated global oil trading system is being tested by the Iran war and the closure of the Strait of Hormuz, as governments in major consuming

Iran has started a Bitcoin-backed insurance service for Iranian shipping companies that want to transit the Strait of Hormuz, the semi-official Fars news

U.S. Treasury Secretary Scott Bessent announced Monday that the Treasury Department is issuing a temporary 30-day general license allowing “the

The Iranian-backed Persian Gulf Strait Authority (PGSA) has officially launched a public presence on X, marking the clearest effort yet by Tehran to formalize

The International Energy Agency says the ongoing Strait of Hormuz crisis is triggering one of the most severe oil market disruptions in modern history, with

By Muayad Hameed BAGHDAD, May 16 (Reuters) – Iraq exported 10 million barrels of oil via the Strait of Hormuz in April, down from about 93 million

By Julian Lee and Prejula Prem May 16, 2026 (Bloomberg) –A Suezmax tanker identified as carrying Iraqi crude is approaching India after apparently

The Port of Long Beach posted another year-over-year decline in cargo volumes in April as global market volatility, rising fuel costs and supply chain

A Greek-operated tanker sailed from the Gulf to India on Friday after crossing the Strait of Hormuz in one of the few crude sailings through the waterway this

Iran seized a Chinese-owned ship that’s one of a handful of so-called floating armories that operate in the region, according to two maritime security

U.S. President Donald Trump said his patience with Iran was running out and that Chinese President Xi Jinping had agreed that Tehran must reopen the Strait

US President Donald Trump signaled China is willing to support negotiations with Iran, as he pushes for a diplomatic resolution to end the war and reopen the

Admiral Brad Cooper of U.S. Central Command on Thursday delivered the most sweeping public assessment yet of the damage inflicted on Iran during Operation EPIC

The number of supertankers hauling unsanctioned oil through the Strait of Hormuz has shown signs of rising in recent days, offering limited relief to an oil

U.S. President Donald Trump discussed the Iran war with China's President Xi Jinping in Beijing on Thursday, while new attacks on vessels near the Strait

The UK Maritime Trade Operations (UKMTO) organization has issued a warning after receiving reports that a vessel was boarded by unauthorized personnel

The International Energy Agency is warning that the ongoing disruption in the Strait of Hormuz is triggering one of the largest oil market shocks in modern

U.S. President Donald Trump has said he does not expect to need China's help to end the war in Iran and ease Tehran's grip on the Strait of Hormuz, in

Landlocked and surrounded by richer, more powerful neighbors, Malawi has long been a victim of geography and economics. It now finds itself at the sharp end of

Container shipping giant Hapag-Lloyd reported a sharp deterioration in first-quarter earnings on Tuesday, blaming severe weather disruptions and the conflict