US oil prices collapsed below $87 as WTI crude dropped nearly 3% after President Trump canceled planned Iran strikes. The move reversed a w...

Why are oil prices up now and will Brent futures and US WTI crude prices continue to rise or decline again? Oil markets moved higher after ...

America is taking a firm stand in the Strait of Hormuz, demonstrating significant influence over this crucial maritime corridor. While Iran...

Oil prices surged over $2 a barrel after Iran announced the closure of the Strait of Hormuz, a critical shipping route, following U.S. stri...

A remarkable rescue operation near the Strait of Hormuz saw an autonomous vessel, Corsair, play a vital role. Developed by Saronic Technolo...

Iran's IRGC claimed to have targeted the US Navy's Fifth Fleet headquarters in Bahrain amidst escalating tensions. This naval command, cruc...

Oil prices crashed below $88 after reports said a US-Iran draft agreement gained preliminary acceptance in Washington. Brent crude fell nea...

A U.S. Army Apache helicopter gunship crashed near the Strait of Hormuz on Monday, with both crew members safely rescued. The cause of the ...

The European Union has imposed sanctions on two Iranian individuals and a unit of the Islamic Revolutionary Guard Corps. This action target...

The reopening of the Strait of Hormuz could trigger a faster-than-expected recovery in global oil supplies. With tankers already positioned...

Global oil markets are set to see a surplus once the Strait of Hormuz reopens. Fitch Ratings predicts this despite current price hikes. The...

Tensions flare as Iran launches missiles and drones towards Bahrain and Kuwait. These attacks were intercepted. The US responded by strikin...

America is now working discreetly to safeguard ships in the Strait of Hormuz. This new approach involves coordinating with shipping compani...

Dynacom Tankers Management founder George Procopiou stated that US President Donald Trump's policies have benefited the shipping industry.

US forces have intercepted another ship trying to bypass their blockade of Iranian ports. The Gambia-flagged vessel, Lian Star, ignored war...

Iran stated no final ceasefire understanding has been reached, rejecting external pressure and asserting self-determination. This follows U...

The proportion of vessels not linked to Iranian ownership that are transiting the key Strait of Hormuz has risen, according to data from ma...