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UAE evacuates 24 people from oil tanker

Financial Times · 58m

Tanker rates double as shipowners steer clear of Strait of Hormuz

Prices to charter large oil tankers sailing through the critical Strait of Hormuz have more than doubled since Israel launched an attack on Iran last week, amid shipowners’ reluctance to risk using the waterway.

Reuters on MSN · 1d

UAE evacuates 24 people from oil tanker after collision near Hormuz Strait

The United Arab Emirates coast guard said on Tuesday it had evacuated 24 people from oil tanker ADALYNN following a collision between two ships in the Gulf of Oman, near the Strait of Hormuz. British maritime security firm Ambrey earlier reported an incident 22 nautical miles east of Khor Fakkan in the UAE,

Washington Examiner on MSN · 1d

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 Iran, were reportedly experiencing navigational problems. The ships involved were the Adalynn and Front Eagle.

Oil markets see closure of Hormuz Strait

Washington Examiner on MSN · 11h

Iran may close Strait of Hormuz amid Israel conflict. How does it affect the world’s oil?

As the conflict between Israel and Iran intensifies, speculation is rising about whether the Iranians will close the Strait of Hormuz, which is critical to the world’s oil production. Two ocean tankers crashed into each other and burst into flames near the strait early Tuesday morning amid reports of electronic interference caused by Israel and

Oil markets see closure of Hormuz Strait as unlikely, Eni CEO says

The CEO of Italian energy company Eni said on Wednesday oil markets are signalling that an escalation between Israel and Iran and the closure of the Strait of Hormuz is unlikely.

CNBC on MSN · 16h

How a move by Iran to disrupt the Strait of Hormuz could further escalate tensions and impact oil

Amrita Sen, Director of Market Intelligence at Energy Aspects, and retired Vice Admiral John Miller, former Commander of the US Navy's Fifth Fleet, discuss the risks of Iran taking actions to disrupt oil and LNG flows through the critical Strait of Hormuz.

1d

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 ...

5d

Diamondback Energy: U.S. Oil Export Power Shines As Strait Of Hormuz Concerns Rise

Diamondback Energy, Inc. is a top hedge against oil supply risks. Click for my updated look at FANG stock and whether it is a ...

5d

Greece, U.K. Advise Merchant Ships to Avoid the Strait Of Hormuz

Greek and British maritime officials advised merchant ships to avoid the Strait of Hormuz after Israel's strike on Iran’s ...

15h

More than 85% of crude oil flowing out of Persian Gulf travels through Strait of Hormuz

Tensions in West Asia raise concerns over oil markets as Iran-Israel clashes threaten Strait of Hormuz closure.

1d

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 ...

1d

A military intelligence expert’s warning: “If you cut the Strait of Hormuz, the world’s richest neighbors will be pissed off”

Located between Oman and Iran, the Strait of Hormuz is the world's most important access route for oil transportation.

Upstream Online3d

Strait of Hormuz remains open amid growing reports of electronic jamming

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4d

Oil News: Tensions at Hormuz Threaten 20M bpd Oil Flow, Fueling Price Surge

Tensions at the Strait of Hormuz risk 20M bpd in crude oil flow, fueling a sharp rally in oil futures and boosting market ...

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