It typically exports its crude oil from ports within the Persian Gulf, but Sunday’s strike near the strait has led to a log ...

Aramco is exploring oil exports via the Red Sea to bypass the Strait of Hormuz amid regional conflicts affecting shipping routes.

Over 170 container ships and scores of oil/LNG tankers are currently "anchored" or "trapped" within the Persian Gulf or its ...

Keystone XL Might Be More Alive Than Dead. Canada’s midstream giant South Bow (TSE:SOBO), spun out of TC Energy in 2024, is reportedly seeking to revive the Keystone XL pipeline by re-routing it ...

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 ...

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There is an inherent weakness in an international supply chain that passes through two bottlenecks in a region prone to civil ...

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.

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 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 ...