Iran’s reported closure of the Strait of Hormuz threatens a major share of global oil and LNG flows, with Asian economies such as India, China and Japan facing the sharpest energy and price shocks.

Shipping lines have halted Middle East cargo and rerouted vessels over the Israel-US-Iran conflict, delaying Kenya’s exports.

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 ...

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 ...

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

The Iran war is renewing concerns about the strategically vital Strait of Hormuz. A prolonged closure could sharply drive up oil prices, experts said.

The new routes will take longer, and some shipping companies are adding a surcharge to compensate for the additional risk, as ...

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.

Maritime intelligence company Lloyd’s List reported on Sunday that no traceable passages have been made by major crude tankers through the Strait of Hormuz since Saturday night.

The attacks on Iran are already sending gasoline prices higher, and even steeper increases are probably coming soon.