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Oil prices surged to more than $119 a barrel on Monday, hitting levels not seen since mid-2022, as some major producers cut supplies and fears of

Commercial shipping through the Strait of Hormuz has fallen to near-zero levels as the maritime security crisis gripping the Middle East continues, even as

A ship hauling a million barrels of Saudi crude sailed through the Strait of Hormuz in recent days, one of the first big tankers to leave the Persian Gulf

By Arsalan Shahla, Josh Wingrove and Omar Tamo Mar 8, 2026(Bloomberg) —Iran picked a new supreme leader and kept up attacks on the ninth day of the war

At least four seafarers have reportedly been killed in an attack on a tug operating near the Strait of Hormuz, prompting a warning from the head of

Russia is providing Iran with targeting information that includes locations of U.S. warships and aircraft in the Middle East, the Washington Post reported on

As the conflict in the Gulf widens, maritime insurance premiums for war coverage are surging -- in some cases by more than 1000% -- dramatically driving up

Qatar appears to have loaded its first liquefied natural gas cargo after the widening conflict in the Middle East forced it to halt fuel production and declare

London-based reinsurers are issuing seven-day cancellation notices on marine war-risk coverage after a US submarine torpedoed an Iranian warship off Sri Lanka,

Qatar expects all Gulf energy producers to shut down exports within weeks if the Iran conflict continues and drives oil to $150 a barrel, the country's Energy

The U.S. Treasury Department has issued a temporary sanctions waiver allowing Indian refiners to receive Russian crude oil cargoes already loaded on tankers, a

The US sinking of an Iranian warship off Sri Lanka’s coast expands the deepening Middle East war to India’s doorstep, unsettling New Delhi’s calibrated

The U.S. attack on an Iranian warship in the Indian Ocean this week was the first time since World War Two that the United States has sunk an enemy vessel

It’s never been more expensive to ship crude from the US to Asia, though some deals are starting to fall through already with rates

Qatar declared force majeure on LNG exports amid the U.S.-Israeli war on Iran, shutting down facilities that supply 20% of global liquefied natural gas. The

A containership transiting the Strait of Hormuz was struck by a projectile on Wednesday, damaging the vessel and forcing the crew to abandon ship in the latest

Iranian drone attack forces Qatar to shut down Ras Laffan LNG facility for first time in 30 years, threatening a fifth of global supply. European gas prices

An Iranian Navy warship has been sunk by a U.S. Navy attack submarine in the Indian Ocean, marking what U.S. officials say is the first time since World War

President Donald Trump says the US will ensure the free flow of energy through the Persian Gulf with insurance guarantees and even naval escorts. But the

An Iranian warship has sunk off the coast of Sri Lanka, with the Sri Lankan authorities saying on Wednesday they had rescued 32 people who were on board and