Kharg Island is a small island in the Persian Gulf. It lies 16 miles off the northwest coast of Iran. It's 451 miles from ...

The number of container vessels slowing down at the Strait of Hormuz is more than three times the normal level, said Ami ...

Persian Gulf shipping hadn’t been impacted by Israel’s strikes on Iran, though that could change, a British-U.S. naval task ...

Oil-watchers are bracing for a further price rally after Israeli strikes on Iranian energy assets heightened the risk to ...

U.S. oil prices already jumped last week, which could cause prices at the pump to rise about 20 cents a gallon in the coming ...

Despite not relying on Iran for its oil supplies, petrol and other prices in Australia will rise due to the global impact of ...

Israel’s attacks on Iran renewed fears of war between the countries and immediately threatened the region’s economy.

The attacks prompted the U.K. and Greece to advise shipping fleets to be more cautious in sailing areas like the Red Sea and ...

The price increase was driven in large part by fears that broader military action could hurt supply from around the Persian ...

Even if Iran does not close the Strait of Hormuz in response to Israel’s attacks, much of the maritime shipping industry may ...

Market watchers believe a full-scale disruption of global oil flows by closing the waterway is unlikely, and might even be ...

The last time the United States held a national military parade was in June 1991, timed to welcome returning veterans of the ...