Rising Gulf tensions have pushed global crude oil prices up by 9-10%, with Brent crude crossing $80 per barrel. Despite this, India's petrol and diesel prices are unlikely to change immediately as the ...

The Middle East conflict made for a volatile day. U.S. stocks initially sold off, but regained ground. The S&P 500 index ended fractionally higher. The Nasdaq composite rose 0.4%, while the Dow Jones ...

Shipping and air transport were thrown into turmoil this week as the Middle East conflict intensified, prompting fresh security warnings, a surge in tanker earnings and widespread suspensions across ...

Shipping companies are avoiding the Persian Gulf. 13.6 percent of global airfreight capacity is lost. This could also affect tech supply chains.

Following the U.S.-Israeli military strikes against Iran that began on Saturday, global attention has turned to the Strait of ...

Iran’s response is underpinned by a diverse missile and drone arsenal, hardened infrastructure, and strategic maritime capabilities ...

Global logistics and shipping giant Maersk has suspended all new cargo bookings between Bangladesh, along with three other South Asian countries, and select Gulf destinations, citing operational risks ...

Maersk and Hapag-Lloyd both announced on Sunday that they were halting passage through the Strait of Hormuz and the Suez ...

With few captains willing to brave the Strait of Hormuz as war rages around the Gulf, companies will have to do business ...

Shipping and logistics companies have restricted or halted bookings through the region, with oil prices already on the rise. Disruptions could snarl trade around the world.

The Danish company Maersk and the French company CMA CGM have suspended transits through the Strait of Hormuz, as well as transits through the Suez Canal, which connects the Red Sea to the ...

Investors are differentiating between sectors facing immediate operational headwinds and those finding structural support in the flight to safety Read more at The Business Times.