World Nov 05 Tankers carrying Russian diesel change course, raising doubts about shipments to U.S. President Donald Trump's plan to allow imports of Russian diesel appeared to falter this week after state and federal officials warned that handling any shipments could bring legal consequences and two tankers initially bound for the United States changed course.
Economy Nov 04 U.S. stocks surge, and the Dow soars 1,500 points as Brent oil's price drops below $95 per barrel U.S. stocks are soaring Wednesday after President Donald Trump’s party lost its sole control of Washington in the midterm elections.
World Jul 02 Iran warns oil tankers to use approved routes in Strait of Hormuz or face a 'forceful response' Iran’s joint military command warned Thursday that all oil tankers moving through the Strait of Hormuz must use its approved routes or face a “forceful response,” ratcheting up tensions again over a waterway crucial for international energy supplies.
World Jun 15 Even with a deal to reopen the Strait of Hormuz, it could take weeks or months for oil to fully flow The tentative agreement to end the war in Iran and reopen the Strait of Hormuz would be good news for the global economy. But oil won't simply start flowing through the key shipping artery the way it did before the…
World May 07 Iran creates new agency to control shipping in Strait of Hormuz while reviewing peace deal with U.S. Late in the day, Iranian state media said the country’s armed forces exchanged fire with “the enemy” on Qeshm Island in the Strait of Hormuz.
Economy May 07 Shipping firms are being whipsawed by changing stances and risks as they wait for Hormuz to reopen To pressure Iran, the U.S. Navy is blockading Iran's ports, enforcing the blockade outside the strait in the Gulf of Oman and the Arabian Sea.
World May 07 U.S. military says it responded to Iranian attacks on Navy ships in Strait of Hormuz U.S. Central Command said in a social media post that U.S. forces intercepted “unprovoked Iranian attacks” and responded with self-defense strikes.
World Apr 25 U.S. says it's clearing Iranian mines in latest push to open the Strait of Hormuz Seeking out mines is one of the latest tactics announced by the Trump administration to get traffic moving again through the strait as rising energy prices and wider economic effects pose a political risk.
World Apr 16 Why a U.S. blockade on Iran seems to be working Iran-linked or sanctioned vessels that have left the Persian Gulf through the Strait of Hormuz have stopped or turned around, shipping data firms say. They appear to have jammed or faked their locations in some instances, complicating an uncertain and…
World Apr 08 Iran's proposal to collect tolls in the Strait of Hormuz violates trade norms To end the war with the United States and Israel, Iran is demanding the right to collect tolls in the Strait of Hormuz as a precondition for reopening the waterway vital to world oil supplies.