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Oman postpones regional talks on Strait of HormuzOman postponed a meeting on the Strait of Hormuz amid regional tensions. An Iranian ship was struck near the waterway, killing one person. ...
Oil prices jump more than 2% after new strikes on Saudi, Strait of HormuzOil prices jumped over two percent on Monday, driven by fresh attacks from Houthi militants and Iranian forces. This escalation has heighte...
Iranian cargo ship is struck, and talks between Tehran and its neighbors are postponedAn Iranian cargo vessel was struck off Qeshm Island in the Strait of Hormuz, killing one and injuring four, Iranian state media reported. T...
Middle East tensions: Travel plans face fresh risks as Iran conflict persistsInternational SOS urged travelers to monitor Middle East developments closely. Saudi oil infrastructure was targeted, and Houthis seized Re...
New problem shaping up for the oil market as Hormuz remains shutHouthi forces have seized Perim Island, threatening the vital Bab el-Mandeb Strait shipping lane. This development occurs as the Strait of ...
Saudi airstrikes hit Yemen's rebel-held Mokha airport as Houthis take island near key straitYemen's Houthi rebels seized a strategic island in the Bab el-Mandeb Strait. This advance further threatens Saudi oil exports through a key...
Shipping traffic through Strait of Hormuz falls to single digits, data showsVessel traffic in the Strait of Hormuz dropped significantly on Thursday. Two Panamax ships exited the strait, carrying fertilizer and sail...
India ramps up domestic LPG production as renewed US-Iran attacks spark fresh fears over Strait of Hormuz suppliesIndia is increasing domestic cooking gas production to address supply gaps. Local refiners aim to add over ten percent to current output le...
Houthis seize key Yemeni Red Sea port, sources say, threatening global energy flowsHouthi militants seized Yemen's Mocha port, threatening vital global energy supplies. This escalation occurs as Iran and the United States ...
US destroys 5 Iranian crude oil tankers following attacks on navy warshipUnited States forces said it targeted and destroyed five Iranian oil tankers, sharply escalating tensions. In retaliation, Iran fired missi...
Shipping nations warn global trade is fracturing — and everyone paysThe Strait of Hormuz, which Iran effectively shuttered after the US and Israel launched strikes against it in February, is a stark example ...
US sanctions on Iran: Basmati demand stays strong, pharma and livestock exporters face new hurdlesIranian demand for Indian basmati remains resilient despite tougher US sanctions, but exporters are facing rising shipping, insurance, and ...
Global Market: Goldman lifts brent, WTI forecasts as Hormuz shipping risks mountGoldman Sachs has raised its Brent and WTI crude price forecasts by $5 a barrel for December 2026 and 2027, citing prolonged Middle East sh...
US redirects 94 vessels as Iran warns of maritime exclusion zone in GulfUS forces intensified a maritime blockade in the Arabian Sea, boarding and redirecting commercial vessels. Iran's top security official war...
Brent crude oil price nears $100 as attacks on tankers threaten to worsen supply shockOil prices climbed to a six-week high as US-Iran attacks on commercial vessels disrupted Strait of Hormuz shipping. Falling tanker traffic ...
US military says destroys Iranian oil tankers after missile attacksThe United States destroyed three Iranian oil tankers on Saturday. This action followed Iran's attempted missile attacks on American naval ...
Oil extends gains after US and Iran strike shipsOil prices experienced a significant rise on Monday, following a spike in tensions between the US and Iran. The US struck three Iranian oil...
Iran to announce new restricted zone in the Gulf, top security official saysIran's top security official has announced that the country will be establishing a new restricted zone in the Persian Gulf. This move comes...
If Iran shoots at US ships, we will destroy (and sink) their oil tankers: Pete HegsethUS Defense Secretary Pete Hegseth has warned that the US will sink Iranian oil tankers if Iran continues attacking American Navy ships, esc...
JD Vance says Iran conflict is not a war, declines to offer timeline for endUS Vice President JD Vance said Washington’s conflict with Iran should not be called a war and declined to predict when hostilities would e...