Supertanker rates on the Baltic Exchange's benchmark Middle East-to-China shipping route have surged to a staggering $80...
Saudi Arabia is not waiting for the Strait of Hormuz to return to normal to deliver its crude to Asia. It is building a ...
Yemen's Houthis on Monday targeted the Saudi oil tanker Amzan in the Red Sea off Yanbu with a ballistic missile and dron...
Months of side-by-side testing uncovered the noise, heat, and standby secrets that manufacturers never print on the box.
The oil market has remained complacent for months amid the worst disruption in global supply, with crude oil futures rar...
Last week, the Iran-backed Houthis declared a maritime blockade of Saudi Arabia and have since claimed attacks targeting...
Less than a month ago, analysts were warning of a looming glut of crude oil as tanker traffic via the Strait of Hormuz b...
Tanker traffic through the Strait of Hormuz has eased since late last week as vessel owners and operators remain cautiou...
Indian refiners have enough crude to last them two months, so they will not be scrambling to buy Middle Eastern cargoes ...
Shipping firms remain reluctant to navigate the Strait of Hormuz sea passage despite this week’s peace deal, according...