The Iran crisis highlights the complex reality of oil pricing, differentiating between physical and financial markets. While financial mark...

Iran warns it could block vital shipping lanes including the Persian Gulf, Sea of Oman, and Red Sea. This move escalates tensions with the ...

President Trump anticipates the war with Iran is nearing its end, with Pakistan's army chief arriving in Tehran to mediate further talks. D...

Iran war: Sri Lanka, Egypt, and Pakistan are struggling with rising energy costs. The Iran war has worsened their economic situations. Thes...

India and Egypt are deepening their strategic partnership. This collaboration is crucial for regional stability amidst ongoing conflicts. B...

The Panama Canal is experiencing peak operations, handling 36 to 38 vessels daily. This surge is driven by increased demand for liquefied n...

Egypt has tested a new 10-kilometre extension to the Suez Canal. This aims to minimize the impact of currents on shipping and increase capa...

The drop is the latest headache for the North African nation that was already wrestling with its worst economic crisis in decades before th...

A lack of rainfall has dried up a key lake at the Panama Canal, hobbling shipments through one of the world’s most important waterways.

Tugboats "have begun towing the ship" which had suffered "a sudden technical failure" and was now being safely towed away for repairs, said...

The Suez Canal Authority said that it will add 15% to the fees for tankers carrying oil and petroleum products, and 10% for dry bulk carrie...

The number of ships using the canal rose from 18,830 in 2020 to 20,694 in 2021, or more than 56 ships per day.

The MV Ever Given had "successfully crossed" the canal after unloading its cargo in Britain and was now on its way to China, Suez Canal Aut...

Taiwan's Evergreen Line, which is the Ever Given's charterer, said it was investigating the scope of the Egyptian court order "and studying...

The crisis has crippled global supply chains, forcing cargo firms to choose between waiting or the expensive option of rerouting vessels ar...

Abdel Fattah el-Sisi will visit India for the first time this week to attend the third India-Africa Forum Summit to boost bilateral ties an...

World oil prices rose to within a whisker of $100 a barrel Monday on fears that violent unrest in Egypt could disrupt the flow of oil throu...