News

The escalating Israel-Iran conflict has prompted shipowners to exercise an extra degree of caution in both the Red Sea and ...
There are reports that a few shipping lines may be reassessing routes, particularly the choke point of the Strait of Hormuz, ...
Tehran is seriously considering the possibility of closing the Strait of Hormuz to shipping, which will greatly affect world ...
Iran is considering closing the Strait of Hormuz, Iranian news agency IRINN ... which the agency describes as the “world’s most important oil transit chokepoint”. At its narrowest point ...
Italian Foreign Minister Antonio Tajani calls on Israel to resume dialogue through negotiations and urged Iran to both return ...
Iran considers closing the world’s most important oil corridor following Israeli attacks and the suspension of nuclear talks ...
The UK sent jets and air tankers amid fears Iran will blockade Strait of Hormuz and spark massive oil price hikes.
Alhajji said economics would be an equally important factor ... Finally, cutting off the Strait of Hormuz would be counterproductive to Iran's relationship" with China, J.P. Morgan analysts ...
Rystad Energy's Head of Geopolitical Analysis Jorge Leon said in a market update that,“Israel's strike is a shift in regional dynamics and has pushed the oil risk premium to $8 per barrel. The market ...