Iran Conflict Forces Middle East Oil Shutdowns, Strands 150 Ships at Hormuz
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,
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,
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
There are moments when geopolitics feels distant from daily life. This is not one of them. By Paul Morgan (gCaptain) – With confirmed US–Israeli
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
A U.S.-sanctioned oil tanker was attacked off Oman's coast near the Strait of Hormuz, injuring four crew members. The strike marks the first attack on Oman
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
Tankers Vessel tracking data show the magnitude in the amount of trade trying to safely navigate around the U.S./Israel strikes on Iran and Iran’s
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
The U.S. Navy declared a maritime warning zone across the Persian Gulf after strikes on Iran prompted retaliation, with oil majors suspending shipments through
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
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.
Oil gained the most since October as traders weighed whether talks between the US and Iran will be enough to avert conflict, following a report that American
Tension in one of the world’s most critical maritime chokepoints spiked this week after Iran temporarily restricted parts of the Strait of Hormuz during
Parts of the Strait of Hormuz, one of the world’s most important oil-shipping lanes, will be closed for “several hours” on Tuesday as part of Iran’s
Some supertanker operators are speeding up transits through the Strait of Hormuz as U.S.–Iran tensions rise, with VLCCs reaching speeds well above normal
Iranian Revolutionary Guard forces confronted the US-flagged tanker Stena Imperative in the Strait of Hormuz, prompting a US Navy escort response and
A merchant tanker transiting the Strait of Hormuz was harassed by Iranian forces on Monday in an incident that now appears to involve the U.S.-flagged Stena
A merchant vessel transiting the Strait of Hormuz was hailed by multiple small armed craft on Monday in an encounter now under investigation, according to a
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