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Vessels face dangers from electronic interference to Houthi attacks and threat of further escalation in Israel-Iran war ...
While the crash was not deemed security-related, maritime experts warn of growing risks in the area as the days-long ...
Shipping analysts attribute the rising chartering costs in part to an increase in war risk premiums. According to Xclusiv ...
Crude futures were lower and ING said the market’s biggest fear is the Strait of Hormuz shutting down, with significant disruption to oil flows sufficient to push prices to $120 a barrel.
Could the Strait of Hormuz close amid an Iran–Israel war? Understand the potential impact on global oil supply.
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Crude oil prices continue to face upward pressure as the conflict between Israel and Iran continues, raising concerns about oil supply disruptions from the Middle East.
Business entities using the Mombasa port are holding onto hope that the Israel-Iran war will not escalate into a damaging ...
Oil prices climbed in early Wednesday trading, extending gains from the previous session as geopolitical tensions between ...
Iran, OPEC’s third-largest producer, pumps around 3.3 million barrels per day (bpd). While prolonged conflict could curb its ...
Mike Lee is pushing back against criticism from fellow conservatives over a piece of the GOP’s megabill that would sell off ...