News

Al Jazeera8m
Ships collide in Hormuz Strait in shadow of Israel-Iran war
Shipping company Frontline said a fire was extinguished on the Front Eagle tanker, 15 nautical miles (28km) off the UAE’s ...
UAE rescues 24 from burning oil tanker after ship collision
Two oil tankers collided in the Strait of Hormuz, an important shipping gateway in the Gulf of Oman. British maritime ...
How else could Iran retaliate over the ongoing Israeli strikes targeting the country?
As Israel pounds Iran with airstrikes targeting military facilities and its nuclear sites, officials in Tehran have proposed ...
The Business Standard1h
Trump says he wants 'real end' to end nuclear problem with Iran
US President Donald Trump said he wanted a "real end" to the nuclear problem with Iran and indicated he may send senior American officials to meet with the Islamic Republic as the Israel-Iran air war ...
UAE evacuates 24 people from oil tanker after collision near Hormuz Strait
The United Arab Emirates coast guard said on Tuesday it had evacuated 24 people from oil tanker ADALYNN following a collision between two ships in the Gulf of Oman, near the Strait of Hormuz. British ...
Shipowners reroute from Strait of Hormuz as conflict escalates: report
Middle East tensions prompt ship diversions from Strait of Hormuz as Gulf-to-China freight rates surge 24%, fuelling concerns ...
Wall Street isn’t freaking out about Israel and Iran yet. This could change their minds
Global markets have remained relatively calm amid the escalating tensions between Israel and Iran. But that sentiment could ...
IEA tweaks global oil demand forecast, says any Strait of Hormuz closure would have 'major' impact
The International Energy Agency tweaked its global oil demand forecast, now expecting demand to rise by 720,000 barrels a day this year versus 740,000 barrels previously, citing weak second-quarter ...
Oil Fluctuates as Israel-Iran Conflict Fuels Market Volatility — Update
Front-month WTI crude oil futures were last 1.2% higher at $72.60 a barrel. Brent crude futures were up 1.3% at $74.15 a barrel. Both benchmarks flitted between gains and losses in the latter half of ...
U.A.E. Coast Guard Says 24 People Evacuated From Oil Tanker After Collision Near Strait of Hormuz
The United Arab Emirates coast guard said Tuesday it had evacuated 24 people from an oil tanker following a collision between two ships in the Gulf of Oman, near the Strait of Hormuz. British maritime ...
Global Markets Mostly Fall; Oil Price Rise on Fresh Iran, Israel Attacks
--Brent crude and WTI were both up 1.3% at $74.20 a barrel and $72.70 a barrel respectively, amid concerns about supply via the Persian Gulf's Strait of Hormuz--a key energy shipping route where ...
UAE coast guard evacuates 24 people from oil tanker crash near 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 of the world’s most critical oil chokepoint, the Strait of Hormuz ...