The Strait of Hormuz, a critical chokepoint for global oil and gas, is facing unprecedented disruption as regional conflict intensifies in the Gulf. Roughly 20 percent of the world’s seaborne oil ...

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 ...

The cost of hauling crude oil from the Middle East to China rose more than 94% to hit a record high of $423,736 per day on Monday.

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 ...

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 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 ...

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.

FreightWaves reported ocean shipping lines have “fled” the Strait of Hormuz, which is the narrow route between Iran, Oman, and the United Arab Emirates. Iran announced it planned to “close” the strait ...