Trump Says Iran Strike Called Off After Gulf Allies Appealed
(Bloomberg) — US President Donald Trump said he held off on a new bombardment of Iran planned for Tuesday at the request of Saudi Arabia and other
(Bloomberg) — US President Donald Trump said he held off on a new bombardment of Iran planned for Tuesday at the request of Saudi Arabia and other
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
By Weilun Soon May 16 (Bloomberg) –A Vietnam-bound supertanker carrying 2 million barrels of Iraqi crude, which was halted by US forces days ago
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
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
The Strait of Hormuz remains largely shuttered, with Iran-linked vessels dominating what little traffic is moving across the waterway. An Iraqi supertanker’s
As long as the Strait of Hormuz remains unsettled, the US Navy faces millions of dollars in extra costs each time it sends a destroyer through the waterway,
Oil supplies are set to tighten further in coming weeks even if the U.S. and Iran agree on a peace deal to end their war because it will take weeks
Nightly explosions of drones and missiles terrified Indian sailor Tithi Chiranjeevi after his ship was stranded in Iran for more than a month by the Strait
At the UAE port of Fujairah, conveyor belts offloaded grain from bulk carriers on Wednesday, while crude oil flowed through pipes and onto tankers berthed
U.S. forces disabled an Iranian-flagged oil tanker in the Gulf of Oman on Wednesday after CENTCOM said the vessel attempted to violate Washington’s blockade
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
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
By Andrey Biryukov May 1, 2026 (Bloomberg) –The blockade of the Strait of Hormuz is creating an economic split among oil exporters in the Persian
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
US President Donald Trump vowed to maintain a naval blockade on Iran and was briefed by commanders on further military options, according to a report,
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