The Gulf Nations Countries, which are commonly referred to as the Gulf Cooperation Council (GCC) members bordering the Arabian Gulf, were established in 1981 with a group of six-member countries, ...
The new routes will take longer, and some shipping companies are adding a surcharge to compensate for the additional risk, as ...
A U.S.-flag bulk tanker was hit by projectiles at the Port of Bahrain, the first American merchant ship to come under attack ...
There is an inherent weakness in an international supply chain that passes through two bottlenecks in a region prone to civil ...
The Middle East conflict has stoked fears of prolonged disruption to global trade via key maritime corridors.
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In less than three days, the conflict ricocheted beyond the original targets in Iran, Israel and Iraq to threaten some 300 million civilians across more than a dozen nations.
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 war against Iran is getting bigger and deadlier. American and Israeli strikes have pummeled Iran on land and at sea. Iran’s retaliatory drones and missiles flew toward targets across the Middle ...
Around one-fifth of the world's crude oil is shipped through the Strait of Hormuz. That's about 20 million barrels per day. This makes the strait the most critical energy chokepoint.
Europe defends military bases and struggles to evacuate citizens as it is drawn into the war on Iran
The U.S.-Israeli war on Iran and Tehran’s retaliatory strikes across the Middle East are quickly dragging Europe in, forcing the continent into defensive action to protect military bases and evacuate ...
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