Shipping oil cargoes via the Strait of Hormuz costs approximately twenty million dollars. This significant freight expense creates wide mar...

US Treasury Secretary Scott Bessent, who is scheduled to hold a press conference at 2 p.m. EDT (1800 GMT) on Monday, has threatened to impo...

Oil prices experienced a decline as investors braced for impending U.S. sanctions aimed at Iran. With these sanctions likely to create furt...

Iranian Foreign Minister Abbas Araqchi has dismissed threatened US sanctions as a sign of desperation, insisting they will fail to defeat T...

Pakistan's army chief Asim Munir will visit Tehran on Monday. He leads a delegation to strengthen bilateral cooperation and regional peace....

New United States sanctions targeting Iran are scheduled for announcement impacting global trade partners. Oil shipments through the Strait...

"We are keen to prevent Iraq from becoming involved in the war. The country most affected by the war is Iraq. We do not accept the use of I...

Tehran has allowed Iraqi oil tankers passage through the Strait of Hormuz. This decision follows repeated requests from Baghdad over the pa...

Iran has taken a pivotal step by permitting Iraqi oil tankers to pass through the Strait of Hormuz. This action follows a series of request...

The United States is set to announce stringent economic sanctions against Iran. These measures could significantly impact Iran and its key ...

Ship crossings at the Strait of Hormuz decreased on Thursday. This decline occurred amid growing concerns for Middle East shipping routes. ...

Shipping data indicates most vessels now use the Omani route through the Strait of Hormuz. This route is a UN-authorized channel which Iran...

Over the weekend, Iranian Foreign Minister Abbas Araqchi said Iran had not decided to resume talks with the U.S. Meanwhile, U.S. President ...

Oil prices maintained stability as tanker movements through Hormuz showed a decline. While Brent crude futures edged up, WTI futures posted...

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

Iran alleges Qatar is holding three missing pilots captured after their aircraft were shot down. Qatar denies this, stating search teams re...

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