Shipping through the Strait of Hormuz slowed significantly over the weekend. This decline followed attacks on tankers and stalled United St...

Iran has rejected US claims of control over the Strait of Hormuz and demanded Washington accept its conditions before shipping resumes. The...

The United Arab Emirates accused Iran of conducting drone strikes on two oil tankers navigating the strategic Strait of Hormuz. Meanwhile, ...

Yemeni rebels and government forces engaged in renewed clashes, raising fears of a wider civil war. Houthi rebels attacked government areas...

India’s merchandise trade deficit widened to $31.98 billion in July from $30.43 billion in June, exceeding economists’ estimate of $30.20 b...

Saudi crude exports are vanishing from view as tankers switch off tracking signals. This Houthi threat is creating wide discrepancies in Sa...

Brent crude futures were up 72 cents, or 0.81%, at $89.63, while US West Texas Intermediate (WTI) crude gained 71 cents, or 0.85%, to $83.9...

Oil prices increased Wednesday morning due to Middle East supply worries. Attacks on ships fueled concerns about disruptions in vital shipp...

A cargo ship was attacked by Yemen's Iran-aligned Houthis, killing four crew members. The Tanzania-flagged Tihamah was hit by an unknown pr...

A US military helicopter fired on a Panama-flagged ship after its crew ignored warnings. The vessel, Vela Nova, was reportedly hit by a mis...

Iran says a deal with Oman on new shipping lanes through the Strait of Hormuz is in its final stages, but reopening the strategic waterway ...

Iran issued new demands for the Strait of Hormuz reopening and the UAE reported an Iranian missile attack. Yemen's military launched attack...

Firefighters extinguished a blaze at Saudi Aramco's Jazan refinery on Sunday. The facility had previously been shut down following a Houthi...

Yemen's Houthi rebels claimed responsibility for deadly attacks this week. These actions escalated the conflict and raised regional concern...

A proposed Iran-Oman deal would grant Tehran control over ships entering the Strait of Hormuz. Important details remain to be agreed upon r...

An Indian-flagged vessel sank in the Red Sea after a projectile strike, but all fourteen crew members were rescued. The Yemeni Coast Guard ...

The tankers, ⁠which were ⁠empty of cargo after returning from destinations in Asia, were sailing in formation towards southern Africa, rath...