Oil and gas majors and traders suspend shipments via Hormuz, sources sayOil tanker operators, energy companies and trading houses have suspended crude, fuel and LNG shipments through the Strait of Hormuz after U...
Oil ticks up as Middle East crisis escalates, tankers divertBrent crude futures rose 12 cents, or about 0.2%, to$78.27 a barrel at 0002 GMT. The contract had settled 14 cents lower on Monday.
Two US Navy sailors reported missing off coast of Somalia during operationTwo U.S. navy sailors are missing at sea off the coast of Somalia. The U.S. Central Command reported the incident and stated that the sailo...
- Piracy syndicates selling shares to finance attacks, says US Navy Chief
Piracy syndicates are selling shares in planned attacks, fueled by a surge of ransom payments that help attract investors, the US Navy Chie...
- 'India needs to have its own anti-piracy law'
Indian response to increasing piracy attacks in Indian Ocean region will have to move ahead of routine talks of increasing surveillance and...