Brent crude climbed near $92 a barrel on Tuesday, reaching its highest level this month amid new escalatory developments.
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Saudi Arabia is offering to sell oil from off the coast of Oman, a sign that the kingdom may be following the United Arab Emirates in shuttling more barrels through the Strait of Hormuz.
Hapag-Lloyd will update its Dangerous Goods Premium (DGP) for shipments from Europe to Jeddah, Saudi Arabia. The updated surcharge will take effect on 1 September 2026 and will remain in place until…
As oil spilled from the grounded tanker Caroline Bezengi begins to come ashore in mainland Oman, the nation's emergency-response agency is kicking int...
Saudi Aramco resumed oil loading from inside the Strait of Hormuz last week and has more tankers waiting to load as the state energy giant offers spot heavy crude cargoes, according to shipping data…
The volume of containership transits at the Suez Canal is continuing to rise as more carriers are growing comfortable with the security risks in the r...
The festering conflict in the Strait of Hormuz coupled with the stubborn military deadlock in Ukraine have reinforced lingering doubts over American c...
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