A large backlog of oil tankers in the Persian Gulf has nearly cleared. This occurred after a ceasefire was signed between ...

The attack was the latest targeting a vessel moving through the narrow mouth of the Persian Gulf, through which a fifth of all oil and natural gas traded once passed in peacetime.

In late February, when US and Israeli attacked Iran, leading to Tehran’s shutdown of the Strait of Hormuz, 109 big non-Iranian crude tankers found themselves stranded in the Persian Gulf, the vast ...

More than 11,000 seafarers stuck in the Persian Gulf will begin to exit through the Hormuz Strait in a large-scale evacuation plan backed by Iran and the U.S.

The biggest state-owned refiners in China and India have failed to procure supertankers to load crude from the Persian Gulf later in June as tanker rates are too high and guarantees on safe passage ...

"The Strait of Hormuz has been effectively closed for three months, trapping hundreds of ships and thousands of seafarers in the Persian Gulf while significantly reducing global seaborne tanker ...

Oil tanker rates have soared since the U.S. and Iran announced the memorandum of understanding as oil importers scramble to charter vessels to pick up Persian Gulf cargoes in the hope these can ...

Amidst the Persian Gulf war, the UAE secretly navigated its oil exports through the Strait of Hormuz using 'dark' ship transits. Korean shipping tycoon Ga-Hyun Chung's Sinokor Group played a pivotal ...

Qatar brought an empty liquefied natural gas tanker back into the Persian Gulf through the Strait of Hormuz for the first time since the war in Iran began, a sign that the key producer is preparing to ...

Investors hoping the U.S. military can end Iran’s effective blockade of the Strait of Hormuz should know: It didn’t take long after America’s entry into the last tanker war for something to go awry.