Large volumes of crude oil are waiting in the Persian Gulf and are ready to move through the Strait of Hormuz if shipping activity resumes ...

US officials emphasize keeping the waterway open and believe regional neighbors will oppose tolls.

Brent crude slipped toward $79 a barrel and is down more than 9% for the week. West Texas Intermediate for August was trading near $76 a ba...

Oil prices dipped Friday as tankers resumed passage through the Strait of Hormuz following a U.S.-Iran peace deal. The agreement is expecte...

Big news out of the Middle East! The US has officially lifted its blockade on ships going to and from Iranian ports. Central Command confir...

A new chapter has begun for maritime trade as leading shipowners are now actively navigating their fleets through the strategic Strait of H...

The firing took place after the signing of the US-Iran memorandum of understanding (MoU) on Sunday, and the drones were intercepted by the ...

In a strategic pivot, two oil tankers are heading toward the Middle East in expectation of the Strait of Hormuz’s reopening. Shipowners are...

This development is expected to significantly boost global trade, particularly for India, by easing logistics disruptions and costs for ene...

Shipping groups are hesitant to resume sailing through the Strait of Hormuz. An agreement between the US and Iran promises its reopening. H...

Shipowners and traders are cautiously awaiting details on a potential reopening of the Strait of Hormuz, a vital oil and gas route disrupte...

A deal to end the Middle East war and reopen the Strait of Hormuz is reportedly close. Pakistan's Prime Minister stated an agreement could ...

Iran’s nuclear program has been a key point of division. The U.S. and Israel fear it could lead to an atomic weapon — a main reason their l...

Oil prices dropped significantly, hitting a three-month low on Friday. Reports emerged of a potential deal between Iran and the United Stat...

Iranian forces stopped a tanker from passing through the Strait of Hormuz. Reports of explosions near Bandar Abbas and Sirik were linked to...

Oil shipments through the Strait of Hormuz are increasing for non-Iranian producers. This surge occurs despite ongoing tensions between Was...

Minority shareholders of Jindal Poly Films Limited face a setback. Their class action remedy was reportedly moved to private arbitration wi...