Oil prices ease
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The U.S.’ latest attacks may raise gas prices at the pumps, but Trump’s military operations have already helped boost shipping billionaire fortunes by $45 billion and counting.
The Strait of Hormuz is the narrowest point in the Persian Gulf and a vital link for oil shipments. See where it is and what could happen next.
President Trump says India will stop buying sanctioned Russian oil in trade deal, but data shows shadow fleet vessels on the move evading global enforcement.
Iran has responded with strikes against regional energy infrastructure and tankers in the Strait of Hormuz, through which a fifth of the world’s oil and liquefied natural gas ty
Two tankers suspected of illegal ship-to-ship oil transfers were detained and more than 512 million ringgit ($129.9 million) worth of crude oil seized 24 nautical miles west of Muka Head, Penang last week, the Malaysian Maritime Enforcement Agency said on ...
President promises to provide insurance for vessels transiting the region as Iran conflict disrupts energy flows
President Trump took steps Tuesday to prevent a sharp decline in global oil supply and give maritime shipping companies financial protection amid the war in Iran. The president said Tuesday he was ordering the U.