Iran has repeatedly warned that it might block Strait of Hormuz, a narrow sea route, in response to pressure from Western countries, although it has never actually done so. On June 13, Israel carried ...

Gard says charterparty signed before the June 13 Iran-Israel escalation may offer shipowners a firmer legal footing to reject transits through Hormuz, especially if threats intensify.

Prices to charter large oil tankers sailing through the critical Strait of Hormuz have more than doubled since Israel ...

This is an audio transcript of the FT News Briefing podcast episode: ‘The Fed cuts US economic outlook’ ...

TOKYO] Shell CEO Wael Sawan said on Thursday the oil and gas major was being “very careful” with its shipping through the ...

The International Monetary Fund’s first deputy managing director Gita Gopinath also discussed the impact of the United States’ tariffs on the world economy, in a wide-ranging interview with CNA’s ...

Oil swung in a turbulent session amid speculation the US may join the West Asia conflict, with traders focused on flows through the region's vital shi.

President Donald Trump, when pressed outside the White House, gave no clarity. “I may do it. I may not do it. I mean, nobody ...

The global economy is once again walking a tightrope. Over the past month, a volatile mix of geopolitical conflict, oil price ...

Prospects have dimmed for the proposed India-Middle East-Europe Economic Corridor (IMEC) to the EU via sea to West Asia and ...

Shell CEO Wael Sawan said on Thursday the oil and gas major was being "very careful" with its shipping through the Middle ...

Iran is OPEC's third-largest producer, extracting about 3.3 million barrels per day (bpd) of crude oil. But more crucially, about 19 million bpd of oil and oil products move through the key Strait of ...