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Vessel traffic through Hormuz dwindles this week as markets watch Iran-Oman talksShipping traffic through the Strait of Hormuz has significantly decreased this week. Markets are closely watching Iran and Oman talks for w...
Dollar drifts higher as traders eye Iran talks ahead of US jobs dataThe dollar surged on Friday, gaining strength over the yen and euro as uncertainties regarding a peace deal in Iran heightened demand for s...
Proposed Hormuz passage deal not feasible for shipping industry, sources sayA proposed Iran-Oman deal for Strait of Hormuz control faces significant challenges. U.S. sanctions and restrictive insurance clauses imped...
Iran's Acting Defence Minister says forces ready for any threat amid US tensionsIran's defense minister stated the nation's armed forces are fully equipped for any threat. He asserted Iran's indigenous technology surpas...
Trump says deal to reopen Strait of Hormuz could come as early as WednesdayPresident Trump indicated a deal to reopen the Strait of Hormuz could happen soon. Hopes for a deal eased oil prices as shipping hopes incr...
Tanker reports explosions in Hormuz: Maritime agencyAn oil tanker reported hearing two explosions while transiting the Hormuz Strait. The incident occurred approximately ten miles southeast o...
Iran and the US say a Strait of Hormuz deal is close, but one or both would have to back downIran and Oman are finalizing an agreement concerning the Strait of Hormuz. This potential deal could reopen the vital waterway and ease glo...
Proposed Hormuz deal would give Iran control of inbound traffic, sources sayA proposed Iran-Oman deal would grant Tehran control over ships entering the Strait of Hormuz. Important details remain to be agreed upon r...
US and Iran having 'very good discussions', Trump saysUS President Donald Trump reported very good discussions with Iran on Tuesday. Hopes for reopening the Strait of Hormuz boosted Asian marke...
US and Iran having 'very good discussions', Donald Trump saysTrump described negotiations with Iran as "very good". Mediators in Qatar indicated progress toward ending the Iran war, though Tehran deni...
US Iran war: Qatar says mediators make progress; Indian ship sinks in the Middle EastMediators report progress in efforts to end the US-Iran war, which has driven oil prices lower. Qatar's Emir discussed de-escalation effort...
US-Iran war: Shipping traffic at key Gulf waterways little changed on uncertain peace talksGulf waterway traffic held steady as United States and Iran talks progressed ambiguously. Bab el-Mandeb strait saw unchanged vessel crossin...
Oil ticks up after selloff as talks to end US-Iran war remain uncertainOil prices saw a slight rebound on Tuesday after earlier declines. Concerns over Middle Eastern supply remain high due to U.S.-Iran tension...
Tanker carrying Russian cargo reroutes around Africa after Red Sea U-turnA Russian naphtha tanker changed course to sail around Africa. The Sea Icon vessel avoided the Bab-el-Mandeb strait due to recent attacks. ...
Oil tumbles as Trump cancels attack on Iran to reach nuclear dealOil prices dropped significantly on Monday after President Trump paused new Iran attacks. He seeks a swift agreement to halt Tehran's nucle...
Trump says new Iran talks set to start on Monday after calling off massive attackUS Iran news: New negotiations between the US and Iran will begin Monday to end the ongoing war. Talks will focus on the Strait of Hormuz a...
Iran rules out Oman's proposal for regional joint management of Hormuz Strait, senior Iranian official tells ReutersIran has rejected Oman's proposal for joint management of the Strait of Hormuz. A senior Iranian official stated the plan has no chance of ...