The U.S. is temporarily easing some sanctions on Russian oil shipments, reflecting global concerns over sharply higher crude ...
Although President Trump said seizing tankers would be a financial boon, the cost of maintaining just one aging ship has already reached $47 million.
A handful of Greek shipowners have sent crude oil and dry bulk tankers through the Strait of Hormuz during the U.S.-Israeli war on Iran, risking destruction from mines, missiles and drones for a ...
Iran’s military has warned that British cargo ships in the Gulf are now “legitimate targets” after three vessels were hit in ...
A red fox somehow slipped onto a cargo ship that traveled from Southampton, England, to New York, where the animal is now in ...
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Iran war has blocked the Strait of Hormuz, a vital oil choke point. Reopening it is a big challenge
Governments are working on plans to unblock the Strait of Hormuz, a vital oil choke point. The Iran war has effectively closed the waterway and pushed up gasoline prices. French President ...
Iran has threatened to destroy any ships, including oil tankers, that pass through the strait from the oil depots of the Persian Gulf to the Arabian Sea and the rest of the world.
The Trump administration announced a $20 billion reinsurance program aimed at reviving shipping in the Strait of Hormuz, where traffic has all but stopped amid the US and Israeli attacks on Iran.
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