Tanker rates and insurance premiums for vessels traversing the Strait of Hormuz have significantly increased following recent military actions in the region, reflecting growing market concerns about ...

TradeWinds depends on being able to display ads on our services in order to finance our journalism. Oil major’s CEO says ...

Petrol prices in Cyprus have begun to rise as a result of the ongoing conflict between Iran and Israel, with petrol station owners’ association chairman Savvas Prokopiou on Thursday saying two ...

Benjamin Netanyahu condemns Iran’s strike on a main Israeli hospital and apartments; Israel attacks nuclear and weapons ...

The scramble to reassess shipping insurance costs reflects the deteriorating security environment in the Middle East.

The narrow Strait of Hormuz has been a vulnerability in the global oil supply network for decades. Here we go again.

Iran is OPEC's third-largest producer, extracting about 3.3 million barrels per day (bpd) of crude oil. But more crucially, about 19 million bpd of oil and oil products move through the key Strait of ...

Conflict between Israel and Iran has rekindled fears of a disruption to a narrow waterway key to the global economy.

Gas prices across the region have spiked in the past few days, and they could rise 30 cents more before July Fourth.

U.S. gas prices are likely to climb higher, starting this week, as the conflict between Israel and Iran intensifies.

While Israel and Iran have engaged in a covert conflict for many years, the current situation marks a pivotal escalation, particularly as energy infrastructure has now come ...

The U.S. Embassy in Israel is working to evacuate American citizens trying to leave Israel amid its war with Iran.