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The escalating Israel-Iran conflict has prompted shipowners to exercise an extra degree of caution in both the Red Sea and ...
No injuries were reported after a collision of two crude oil tankers sparked a fire near the Strait of Hormuz.
Located between Oman and Iran, the Strait of Hormuz is the world's most important access route for oil transportation.
As Israel strikes Iran, fears rise over the Strait of Hormuz—through which 20% of global oil flows—raising concerns about ...
The Strait of Hormuz is both a vital passage point and a permanent point of tension. As long as the world depends on Oil from ...
Iran’s threat to shut Homruz comes as a vessel crashed into two ships sailing nearby, 22 nautical miles east of Khor Fakkan ...
Former Foreign Secretary Shashank noted that while India would eventually have to seek alternative routes and sources for ...
Peter Tirschwell from S&P Global Market Intelligence discusses the potential disruption to global shipping as a result of ...
The number of container vessels slowing down at the Strait of Hormuz is more than three times the normal level, said Ami ...
There are reports that a few shipping lines may be reassessing routes, particularly the choke point of the Strait of Hormuz, ...
From a logistical standpoint, re-routing crude through Gwadar to China’s western region of Xinjiang cuts shipping distance by ...
A supertanker with Iraqi oil for China made an unsuccessful maneuver and hit a sanctioned tanker in the Gulf of Oman. The ...
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