File - A container ship is docked at the Port of Long Beach, Calif., USA. 20 February 2026 ...

In a boost for Moscow, the US is temporarily easing sanctions on some Russian oil in a bid to bring down surging prices.

Israel faced coordinated missile attacks from Iran and Lebanon as air raids intensified on Beirut and regional tensions escalated further.

Before the war, about 80 oil and gas tankers crossed the strait daily, moving roughly 20 million barrels; Now, shipping has plunged, with barely one or two vessels able to pass each day ...