News

Oil markets see closure of Hormuz Strait as unlikely, Eni CEO says
The CEO of Italian energy company Eni said on Wednesday oil markets are signalling that an escalation between Israel and Iran ...
More than 85% of crude oil flowing out of Persian Gulf travels through Strait of Hormuz
Tensions in West Asia raise concerns over oil markets as Iran-Israel clashes threaten Strait of Hormuz closure.
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. The tankers, located off the coast of ...
UAE coast guard evacuates 24 people from oil tanker crash east of the critical Strait of Hormuz
The Emirati national guard says it has evacuated 24 people from an oil tanker after a collision between two ships just east ...
The Strait of Hormuz: the world's most important oil artery
Israel launched strikes against Iran on June 13, saying it targeted nuclear facilities, ballistic missile factories and ...
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 ...
A military intelligence expert’s warning: “If you cut the Strait of Hormuz, the world’s richest neighbors will be pissed off”
Located between Oman and Iran, the Strait of Hormuz is the world's most important access route for oil transportation.
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Strait of Hormuz remains open amid growing reports of electronic jamming
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