The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. The strait is deep enough and wide enough to handle the world’s largest crude oil tankers, and it is one of the world’s most important oil...

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The costs of chartering tankers to move oil from the Middle East to Asia have climbed and ship bookings have slowed as the Israel-Iran conflict fuels worries of potential disruptions, industry sources told Reuters on Monday. The global benchmark rate for a very large...

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Iran will target ships, naval vessels and military bases near the Persian Gulf and Red Sea linked to countries that defend Israel against future air strikes, Iranian state news reported June 14. Iran fired over 100 missiles at Israel in retaliation against air strikes...

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Russian gas supplies via the Black Sea’s TurkStream pipeline to Europe have been slowly restarting as planned maintenance nears an end, data from European gas transmission group Entsog showed on Monday. Bulgarian gas pipeline network operator Bulgartransgaz said...

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JERUSALEM : Indian billionaire Gautam Adani-led group’s Haifa port in Israel was unharmed by the Iranian ballistic missile attack, with cargo operations progressing unhampered, sources said. Late on Saturday night, Iran targeted Israel’s Haifa port and a nearby oil...

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MUMBAI: The proposed Vadhavan Port in Maharashtra, projected to be three times larger than Jawaharlal Nehru Port (JNPT). Once completed, it is projected to be three times bigger than the Jawaharlal Nehru Port. Maharashtra Chief Minister Shri Devendra Fadnavis says the...

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