Iran conflict

U.N. Security Council members will begin talks on Tuesday on a U.S.- and Bahrain?backed draft resolution that could lead to sanctions against

Hundreds of vessels were seen clustering near Dubai on Tuesday, as more ships moved away from a still-empty Strait of Hormuz in response to Iran’s efforts to

BIMCO is urging shipowners to keep their guard up in the Strait of Hormuz, warning that the overall security picture for commercial shipping is effectively

A South Korean ship was hit by an explosion in the Strait of Hormuz on Monday and Iranian drones caused a fire at a UAE oil port, as Tehran demonstrated its

By Bloomberg News (Bloomberg) — China has ordered its companies to ignore US sanctions, an unprecedented act of defiance that threatens to trap a vast

 The U.S. military said two U.S. Navy guided-missile destroyers had entered the Gulf to break an Iranian blockade and that two U.S. merchant ships had

The United States has launched a major naval-backed operation in the Strait of Hormuz aimed at guiding stranded commercial vessels out of the conflict zone,

By Weilun Soon and Rakesh Sharma May 2, 2026 (Bloomberg) –An India-linked tanker laden with liquefied petroleum gas has managed to transit the

By David Shepardson and Laila Kearney May 2 (Reuters) – Major airlines and the U.S. government scrambled to help stranded passengers and employees

By Parisa Hafezi and Jacob Bogage DUBAI/WEST PALM BEACH, May 2 (Reuters) – An Iranian proposal so far rejected by U.S. President Donald Trump would

By Clara Hernanz Lizarraga May 2, 2026 (Bloomberg) –The summer yachting season is beginning to fill up along the docks of the Mediterranean, just

U.S. President Donald Trump's administration argued that a ceasefire with Tehran had "terminated" hostilities as a legal deadline arrived on Friday for coming

Exxon Mobil Corp. and Chevron Corp. posted stronger-than-expected earnings for the first quarter as higher oil and natural gas prices outweighed production

A U.S. naval blockade of Iranian ports has shrunk Tehran's oil exports, stranding a growing stockpile of crude on tankers as Iranian storage sites run out

The U.S. Treasury Department has widened its warning over reported Iranian “toll” demands in the Strait of Hormuz, issuing a new alert that lays out, in

Container spot freight rates on the transpacific trade into the North America west coast managed to defy gravity and edge up this week, while most other

Piracy concerns are escalating rapidly off the Horn of Africa after two vessels were hijacked last week and multiple new approaches were reported across the

Singapore-based liner giant Ocean Network Express reported a modest but resilient profit for fiscal year 2025, navigating weak cargo demand, rising capacity,

Spot container rates extended their downward trend for a third consecutive week, underscoring the growing disconnect between geopolitical disruption and

The U.S. is pushing for other countries to form an international coalition to restore freedom of navigation in the Strait of Hormuz, according to a State