News

UAE coast guard evacuates 24 people from oil tanker crash east of the critical Strait of Hormuz
The Emirati national guard says it has evacuated 24 people from an oil tanker after a collision between two ships just east ...
Al Jazeera on MSN1d
What is the Strait of Hormuz, could it factor into Israel-Iran conflict?
Iranian lawmaker says Tehran considering closing waterway, described as ‘world’s most important oil transit chokepoint’.
ExxonMobil CEO talks oil supply amid Iran-Israel conflict
Amid the ongoing tensions between Israel and Iran, ExxonMobil's CEO says there's enough spare capacity to offset any Iranian ...
Sourcing Journal on MSN9h
Amid Israel-Iran Tensions, Shipping Slows Down in Strait of Hormuz
As the conflict escalates, container shipping faces growing risks from a potential chokepoint closure, rising insurance costs ...
Naval Force Sees Minor Cargo Dip Via Oil Chokepoint Hormuz
Cargo movement through the Strait of Hormuz has marked a small decline, but there’s been no major disruption to key oil ...
Strait Of Hormuz: Main Focus Of Investors In Iran-Israel Conflict
The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply. Click here for more ...