A large backlog of oil tankers in the Persian Gulf has nearly cleared. This occurred after a ceasefire was signed between Iran and the Unit...

Iran stated it will not let US actions harm its national interests. The foreign ministry condemned recent US strikes on coastal provinces. ...

Gulf companies will reveal the regional financial impact of the conflict this week. Banks and real estate sectors face challenges due to in...

Brent crude futures gained 78 cents, or 1%, to $78.8 a barrel while U.S. West Texas Intermediate (WTI) crude futures rose 74 cents, or 1.01...

Oil prices increased on Thursday following new U.S. strikes against Iran. These actions have diminished hopes for peace and the Strait of H...

President Trump defended recent US military strikes against Iran. These actions were a direct response to Iran's reported bombing of commer...

United States forces conducted new airstrikes targeting Iran early Thursday. Missile alerts sounded in Bahrain and Qatar following the Amer...

Global markets and oil prices lurched after the United States and Iran traded new strikes. The conflict threatened lives throughout the reg...

A Qatari LNG tanker remains stuck off Oman after being hit by a projectile. U.S. forces reported two other tankers were targeted by Iran re...

A ship was struck overnight in the Strait of Hormuz, causing a significant fire. Iran stated peace talks would cease if Donald Trump contin...

An attack on a Qatari LNG carrier in the Strait of Hormuz has raised concerns. This incident suggests ongoing threats to commercial shippin...

Amidst the Persian Gulf war, the UAE secretly navigated its oil exports through the Strait of Hormuz using 'dark' ship transits. Korean shi...

Iran's ambassador to China announced new service fees for ships transiting the Strait of Hormuz, despite US objections. Ambassador Abdolrez...

Tensions are high in the Persian Gulf as at least eight ships, including oil tankers, reversed course near the Omani coast, signaling Iran'...

Indirect talks between Iran and the US concluded without significant progress on lasting peace, focusing instead on resolved issues like ma...

Iran is determined to gain international recognition for its control over the Strait of Hormuz, including the right to levy fees on ships. ...

Iran has accused the United States of failing to uphold the interim agreement, in particular by failing to sustain a promised ceasefire in ...