News

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 ...
Persian Gulf shipping hadn’t been impacted by Israel’s strikes on Iran, though that could change, a British-U.S. naval task ...
The number of container vessels slowing down at the Strait of Hormuz is more than three times the normal level, said Ami ...
The country’s exports mostly come from Kharg Island in the Persian Gulf. But Israel’s energy facilities are also at risk.
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 ...
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 ...
The last time the United States held a national military parade was in June 1991, timed to welcome returning veterans of the ...
Crude oil surged 13% intraday as Middle East tensions disrupt supply. WTI and natural gas hold gains with key levels now guiding market sentiment.
Market watchers believe a full-scale disruption of global oil flows by closing the waterway is unlikely, and might even be ...