Global shipping is already adapting to heightened risks near the Strait of Hormuz. With tanker freight rates jumping over 20% and major flag states urging route adjustments, UAE importers, exporters, ...

Two oil tankers caught fire after colliding early Tuesday near the Strait of Hormuz, a key global shipping route off the ...

Oil prices were driven higher on Tuesday by the Iran-Israel conflict, though major oil and gas infrastructure and flows have ...

Shipping is continuing to move around the Middle East even as Iran and Israel exchange rocket and drone strikes and despite a collision between two tankers in the Gulf. But operators are expected to ...

At least three ships are reportedly on fire in the Gulf of Oman following a collision between two vessels, prompting an emergency rescue operation near the strategic Strait of Hormuz, according to the ...

As Israel pounds Iran with airstrikes targeting military facilities and its nuclear sites, officials in Tehran have proposed ...

Fitch Ratings said that an escalation of the conflict between Israel and Iran could hurt some governments’ financial positions, but contained fighting lasting no more than a few weeks was unlikely to ...

Major incidents and blockades involving the Strait of Hormuz, one of the world’s most strategically vital waterways: What ...

The incident comes amid heightened tension across the Strait of Hormuz as Israel and Iran continue striking each other.