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Middle east

Hormuz ‘dark fleet’ keeps Gulf oil flowing as shipping risks persist.

Dubai: Oil tankers are exploiting a “dark” traffic route to avoid attacks on tankers in the strategic Strait of Hormuz, allowing Gulf producers to...
News

Hormuz disruption tests global oil reserves as consumers face fresh fuel price risks

The oil market is getting more unpredictable. People are worried that consumers will have to pay more for fuel if the problems in the...
Middle east

Hormuz talks gain momentum, but shipping risks remain after latest strike

Dubai: Hopes that tensions in the Gulf might ease got a push on Tuesday after the United States said it was hopeful that an...
WORLD

Iran to Introduce Strait of Hormuz Transit Fees After 60-Day Grace Period

Dubai: Iran said it will do this because they are in charge of the Strait of Hormuz along with Oman. Amir Saeid Iravani, who represents...
WORLD

Hormuz Shipping Slows After Vessel Strike as Iran and Oman Begin Talks on Straits Future

Dubai: Shipping through the Strait of Hormuz slowed down a lot over the weekend. This happened after a ship was hit while going through...
UAE

From Hormuz to Fujairah: UAE Emerges as Gulf’s Oil Export Lifeline

The Gulf region is trying to reduce its dependence on the Strait of Hormuz because of all the tension in the area. This is...
WORLD

Hormuz Still Quiet After Three Months as Shipowners Refuse to Return

The Strait of Hormuz is still mostly empty after more than three months have passed since the conflict stopped normal shipping through it. The...
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