A prolonged disruption could destabilise economies, particularly in the GCC and energy-importing nations, by driving up costs ...

Commercial vessel traffic in the Strait of Hormuz remained unimpeded on Sunday, despite reports of increased electronic ...

Albay 2nd district Rep. Joey Salceda is prodding the Maritime Industry Authority (Marina) and the Department of Trade and ...

The escalating Iran-Israel conflict is threatening to severely disrupt global trade, particularly by increasing freight and ...

MOSCOW, June 15. /TASS/. If Iran blocks the Strait of Hormuz, the oil prices will skyrocket posing a serious problem for India, China, Japan and the European states, Nikolay Gaponenko, Associate ...

The armed confrontations between the two nations have already driven up global oil prices by over 7%, putting Bangladesh's fuel imports at risk ...

The number of container vessels slowing down at the Strait of Hormuz is more than three times the normal level, said Ami ...

Global fuel prices have started to surge in the wake of the Iran-Israel conflict, with Brent crude futures rising 9.07% or $6.29 to reach $75.65 per barrel. At one point, prices peaked at $78.50 per ...

Israel's air strikes on Iran are unlikely to cause a major disruption to oil supply, and market analysts believe a full-scale ...

This crisis affects exporters from the region the most, president of the Nomisma Energia analytical company Davide Tabarelli said ...

Follow live updates as Iran retaliates after Israel strikes nuclear facilities. Stay informed with real-time news and ...

An Iranian lawmaker said closure of the Strait of Hormuz, a critical chokepoint in the global energy trade, was under serious ...