Iran conflict

What (Acting) Secretary Hung Cao’s First Five Months Tell Us About the Job Ahead By Bruce Kimbrell (Policy Op-Ed) President Trump has nominated the

Diesel prices have rallied in Europe and the United States to record highs as wars in Iran and Ukraine sharply cut exports from some of the biggest producers

A new shuttling system is reshaping the Middle East oil market, as producers seek to keep exports flowing despite the escalating regional conflict. The

Two more tankers have been struck while transiting the Strait of Hormuz, with two seafarers injured, extending a string of attacks against commercial shipping

By Kevin Whitelaw and Annmarie Hordern Sep 20, 2026 (Bloomberg) —Qatari Energy Minister Saad Al-Kaabi said Treasury Secretary Scott Bessent is

By Yongchang Chin, Sherry Su, Nathan Risser and Alex Longley Sep 19, 2026 (Bloomberg) –The soaring cost of moving oil around the world is making

By Lori-Ann LaRocco – It’s a good time to be an ocean carrier or tanker owner. The slower trade caused by bottlenecks stemming from the U.S. war with

A new burst of attacks on commercial shipping in the Strait of Hormuz is hitting just as Saudi Arabia is being forced to send more oil back through the

The head of the International Maritime Organization is calling on governments to stop attacks on merchant shipping as conflicts increasingly spill into some of

A U.S.-contracted vessel carrying American personnel was struck in an Iranian drone and missile attack near the Strait of Hormuz earlier this week, Fox News

Oil prices rose by over $3 on Tuesday after shipping industry sources said oil loadings at Saudi Arabia's Red Sea port of Yanbu had been suspended, and Libya

Omani authorities said Tuesday that the Panama-flagged tanker El Gaia is being towed to port after a fire aboard the vessel was brought under

U.S. Central Command is disputing an Iranian claim that a Panama-flagged tanker recently struck a naval mine in the Strait of Hormuz, saying the ship was

The cost of hiring an oil tanker on the industry’s benchmark trade route topped $1 million a day for the first time, as the Iran war leaves too few ships

New strikes on Saudi Arabia and on ships in the Gulf tested nerves in the Middle East on Sunday, after an attack on a Saudi oil pipeline and an advance by

TAIZ, Yemen/DUBAI, Sept 14 (Reuters) – Arab states in the Gulf called off a meeting with Iran planned for Monday, while Yemen’s Houthis

Maersk and Hapag-Lloyd are significantly expanding their return to the Suez Canal, shifting four additional Gemini Cooperation services away from the Cape of

By Alex Lawler and Dmitry Zhdannikov LONDON, Sept 13 (Reuters) – Saudi Arabia will run out of oil stocks for exports if it doesn’t

By Will Kubzansky Sep 12, 2026 (Bloomberg) –At a fuel station in San Diego where diesel is retailing for $9.99 a gallon, Californians can take

By Khalid Al-Ansary and Devika Krishna Kumar Sep 12, 2026 (Bloomberg) –Iraq is moving to contain the fallout from attacks that caused the closure of