saudi arabia

Oil and gas prices surged as Israeli and U.S. strikes on Iran disrupted Middle East facilities and shipping through the Strait of Hormuz. Four tankers damaged,

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

At least 150 tankers dropped anchor in Gulf waters after U.S.-Israel strikes on Iran, with Tehran threatening to close the Strait of Hormuz—a chokepoint for

US and Gulf allies face critical missile interceptor shortages as Iran launches sustained strikes. Stocks could run dry within days while Iran maintains

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

Saudi Arabia's National Shipping Co. (Bahri) provisionally hired at least five supertankers as freight rates approach $200,000 per day, the highest since 2020.

By Ahmad Ghaddar, Alex Lawler and Olesya Astakhova DUBAI/LONDON, Jan 4 (Reuters) – OPEC+ kept oil output unchanged on Sunday after a

Saudi Aramco 2222.SEis set to sign two U.S. liquefied natural gas supply deals with Woodside Energy WDS.AX and Commonwealth LNG when Saudi

Saudi shipping company Bahri plans to nearly double its fleet and expand its share of the country’s trade, as the Middle Eastern energy producer strengthens

A supertanker carrying a cargo of diesel from the Middle East is en route to the fuel-starved European market, reflecting supply tightness in the

(Bloomberg) — The owner of the Saudi Arabian oil tanker that was reportedly struck by Houthi militants in the Red Sea said it wasn’t the target of any

By Mohammed Hatem (Bloomberg) The Yemen-based Houthi militants renewed their threats against Saudi Arabia, warning it not to support US strikes against the

The International Transport Workers’ Federation (ITF) has raised serious concerns over unpaid wages of seafarers working on eight vessels owned by

By Julian Lee and Alex Longley (Bloomberg) — Saudi Arabia significantly increased oil exports from its Muajjiz terminal last month, allowing them to

BERLIN, Jan 22 (Reuters) – German shipping group Hapag-Lloyd will continue to route its vessels around the Cape of Good Hope until further notice due

By Aziz El Yaakoubi and Parisa Hafezi RIYADH/DUBAI, Dec 6 (Reuters) – Saudi Arabia has asked the United States to show restraint in responding

By Julian Lee (Bloomberg) — A backlog of Saudi-owned supertankers that has built up off Egypt’s Red Sea coast is beginning to clear.  The number

(Bloomberg) — A cluster of Saudi Arabian oil tankers that are idling in the Red Sea is showing tentative signs of shrinking, suggesting whatever issue

(Reuters) – Saudi Arabia wants enhanced maritime security in the crucial Gulf region as part of its rapprochement with long-timerival Iran, Foreign