News

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 ...
Navigational error blamed for two oil tanker crash near Strait of Hormuz
Two oil tankers collided and caught fire on Tuesday near the Strait of Hormuz. The incident occurred amid a surge in ...
There are signs that shipping companies are shying away from the Strait of Hormuz: Analyst
Peter Tirschwell from S&P Global Market Intelligence discusses the potential disruption to global shipping as a result of ...
Conflict Prompts Container Ship Backup at Strait of Hormuz
The number of container vessels slowing down at the Strait of Hormuz is more than three times the normal level, said Ami ...
CNBCTV182h
UAE coast guard evacuates 24 people from oil tanker crash in east Strait of Hormuz
British maritime security firm Ambrey said that the incident was not security-related, as the days-long conflict between ...
Fire Near Strait of Hormuz Isn’t Linked to Security Incident
A blaze that’s been spotted in waters off the United Arab Emirates and near the entrance to the Strait of Hormuz is not ...
Explore more
A supertanker with oil for China has hooked a sanctions vessel: the Strait of Hormuz
A supertanker with Iraqi oil for China made an unsuccessful maneuver and hit a sanctioned tanker in the Gulf of Oman. The ...
IEA tweaks global oil demand forecast, says any Strait of Hormuz closure would have 'major' impact
The International Energy Agency tweaked its global oil demand forecast, now expecting demand to rise by 720,000 barrels a day this year versus 740,000 barrels previously, citing weak second-quarter ...