The escalating Israel-Iran conflict has prompted shipowners to exercise an extra degree of caution in both the Red Sea and ...

Strait of Hormuz is used for exporting crude oil to Asia by members of OPEC including Saudi Arabia, Iran, the United Arab ...

Middle East tensions prompt ship diversions from Strait of Hormuz as Gulf-to-China freight rates surge 24%, fuelling concerns ...

The EIA adds that instability around the Bab al-Mandeb Strait in 2024 also contributed to rerouting. Saudi Aramco diverted ...

The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. The ...

India is a net importer of crude oil, with over 40 percent of its supplies sourced from Middle East nations such as Iraq, ...

While India currently has enough oil in stock, the situation could get worse if the Strait of Hormuz is closed ...

Several shipowners are holding back vessels from Arabian Gulf routes. This has opened up opportunities for alternate loadings ...

Crude oil prices dip as Israel-Iran conflict spares supply lines; traders monitor Strait of Hormuz and OPEC output for ...

SINGAPORE] Oil’s latest rally may have little immediate impact on Singapore, but analysts warn that an escalation in Middle ...

The Israel-Iran conflict will not necessarily hurt the oil industry or price mechanisms of the commodity, said Prime Minister ...

Malaysian Prime Minister Anwar Ibrahim warned Monday of real concerns that the escalation in the Middle East could c ...