middle east

Qatar shut down LNG production at the world's largest export facility after an Iranian drone attack, sending European gas prices surging over 50%.

By Emily Chow and Jeslyn Lerh SINGAPORE (Reuters) – Marine insurers are cancelling war risk coverage for vessels and oil shipping rates are set to surge

Trump's strikes on Iran threaten the Strait of Hormuz, a critical chokepoint for 20% of global oil supply. Traffic has dropped sharply as Iran's 3.3M barrel

Oil and gas tankers are avoiding the Strait of Hormuz after ships received radio broadcasts purporting to ban transit following US-Israel strikes on Iran. A

U.S.-Israeli strikes on Iran and Tehran's retaliatory attacks across the Persian Gulf are disrupting oil exports from a region that supplies 20% of global

Iranian missiles struck the U.S. Navy's Fifth Fleet headquarters in Bahrain on Saturday after the U.S. and Israel launched a major attack on Iran, triggering

Iran loaded 20.1 million barrels of oil onto tankers from Kharg Island in just six days, tripling January's pace as the U.S. assembles its largest Middle East

The Pentagon is sending an aircraft carrier from the Caribbean to the Middle East, two U.S. officials told Reuters on Friday, a move that would put two

By Courtney McBride, Roxana Tiron and Hadriana Lowenkron Jan 23, 2026 (Bloomberg) –President Donald Trump has dispatched naval assets to the Middle

While global energy markets are not yet pricing in worst-case scenarios for the Israel-Iran war, oil tanker rates are providing a good real-time gauge of

Oil-shipping rates for Middle Eastern routes have spiked after some tanker owners and managers paused offering vessels as they assess risks from Israel’s

Some oil tanker owners and managers have paused offering their vessels for Middle Eastern routes since Friday as they assess the risks from Israel’s

The United States is preparing a partial evacuation of its Iraqi embassy and will allow military dependents to leave locations around the Middle East due to

With tensions in the Middle East ratcheting upward again, the tanker market is taking notice. In a weekly market opinion piece titled “Tankers in

by John Konrad – gCaptain has received multiple reports that the US Navy oiler USNS Big Horn ran aground yesterday and partially flooded off the coast

DUBAI, April 18 (Reuters) – The International Monetary Fund said on Thursday Middle East economies would grow at a slower pace this year than it

By Idrees Ali and Phil Stewart WASHINGTON, Feb 2 (Reuters) – The United States carried out retaliatory airstrikes on Friday in Iraq and Syria

(Bloomberg) — A far-reaching plan to channel Europe–Asia trade through the Middle East is at risk of stalling before it even gets started. The

By Zohra Bensemra and Sebastian Rocandio TYRE, Lebanon, Oct 29 (Reuters) – Fishermen in the Lebanese city of Tyre are among those counting the costs of

By Grant Smith Oct 8, 2023 (Bloomberg) –As oil traders prepare for the market to open after the sudden eruption of war in Israel, one question is