Egypt's Suez Canal saw a significant rise in oil tanker traffic and revenue in April. This surge is linked to the closure of the Strait of ...

Global oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...

The U.S. Treasury imposed sanctions on 10 individuals and companies, including several in China and Hong Kong, for aiding Iran's weapons an...

WTI crude oil price crash today is shaking global commodity markets. Oil prices suddenly collapsed as traders rushed to remove geopolitical...

Brent crude has surged to $125 per barrel due to escalating West Asia conflict and severe disruption at the Strait of Hormuz, a key global ...

China Detains Panama-Flagged Ships: Nearly 70 Panamanian vessels held in Chinese ports. COSCO suspending operations at Balboa. A $2 billion...

Iran presented its core demands and concerns in Pakistan, seeking an end to the ongoing conflict. The United States is pushing for Iran to ...

Oil tankers face danger in tense waters between the Gulf of Oman and Strait of Hormuz. Iraqi Captain Rahman Al-Jubouri works on the Sea Moo...

Citing the deputy director of Iran's Civil Aviation Organisation, the report indicates that flight operations will resume in a graduated ma...

Shipments averaged 3.33 million barrels a day during the month, tanker tracking data show. The drop would have been much bigger if Saudi Ar...

Shipping lines divert vessels, insurance premiums surge, and new surcharges emerge as tensions in West Asia disrupt key trade route through...

Can oil price reach $100, and why are airline stocks and shares falling now? Oil prices surged after tanker traffic stopped in the Strait o...

Oil tanker operators, energy companies and trading houses have suspended crude, fuel and LNG shipments through the Strait of Hormuz after U...

No tankers carrying Russian crude have yet diverted to avoid the southern Red Sea, according to tanker tracking data monitored by Bloomberg...

A Norwegian-owned vessel was attacked in the Red Sea on Monday and oil major BP said it has temporarily paused all transits through the bod...

With sanctions on Russian oil products set to come into effect from February, a global rerouting of cargo flows seems inevitable, boosting ...

Shipping companies are assessing their options after China’s response to the visit of the highest-ranking US official to the island in 25 y...