News

Oil tankers collide in Strait of Hormuz during Middle East conflict
Two oil tankers collided and caught fire near the Strait of Hormuz Wednesday night. The tankers, located off the coast of ...
Visual analysis: GPS interference raises risk of accidents in Strait of Hormuz
Experts including Sal Mercogliano, a maritime historian at Campbell University in North Carolina and a former merchant ...
Why the Strait of Hormuz Matters to Energy Markets
Conflict between Israel and Iran has rekindled fears of a disruption to a narrow waterway key to the global economy.
Middle East conflict raises concerns for 20% of global LNG exports
Recent exchanges between Israel and Iran have raised market concerns over potential disruptions to trade flows through the ...
Oil analysts left scratching their heads over Isreal-Iran conflict: ‘Your guess is as good as mine'
U.S. President Donald Trump on Tuesday called for an “unconditional surrender” from Iran, warning Washington’s patience was ...
UAE coast guard evacuates 24 people from oil tanker crash east of the critical Strait of Hormuz
The Emirati national guard says it has evacuated 24 people from an oil tanker after a collision between two ships just east ...