News

UK Navy Issues Rare Warning to Ships Near Vital Hormuz Strait
The UK Navy issued a rare warning to mariners that higher tensions in the Middle East could impact shipping, including ...
Warning: Oil giant fears massive disruption if Hormuz shuts amid Iran-Israel conflict
Shell warns that escalating tensions between Israel and Iran, potentially disrupting the Strait of Hormuz, could severely ...
Insurance Business America2d
Two tankers ablaze after incident near Strait of Hormuz
The Foundation for Defense of Democracies, in a policy briefing published Monday, stated: “US forces in the Middle East are ...
What happens if Iran shuts Strait of Hormuz? Artery of global oil turns into ticking time bomb
While Tehran has frequently threatened to block the waterway in response to military pressure or sanctions, the prospect ...
Why the Strait of Hormuz is now a major focus of worry for oil prices and the global economy
Israel’s military strikes against Iran were roiling global financial markets on Friday, raising concerns that Tehran could possibly retaliate by targeting shipping through the Strait of Hormuz — one ...
Argaam2d
Tankers ablaze after collision near Strait of Hormuz
Two oil tankers caught fire today, June 17, following a collision near Strait of Hormuz, raising concerns in global oil and shipping markets that clos ...