News

Major oil price shock looming as Israel-Iran conflict threatens critical global shipping passage
Industry experts warn Israel-Iran conflict could push oil to $120 per barrel if shipments through the Strait of Hormuz are ...
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 ...
Oil tankers collide in Strait of Hormuz during Middle East conflict
Two oil tankers collided and caught fire near the Strait of Hormuz Wednesday night. Electronic interference was reported in the region.
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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 ...
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Commercial concerns rise for Gulf states and global shipping
All exports of LNG from Qatar, the world’s second largest exporter, and UAE must pass through the strait, with most cargoes ...
Visual analysis: GPS interference raises risk of accidents in Strait of Hormuz
Experts, including Sal Mercogliano, a maritime historian at Campbell University in North Carolina and a former merchant ...