Two oil tankers collided and caught fire near the Strait of Hormuz Wednesday night. The tankers, located off the coast of ...

Oil Climbs Over 2% on Middle East Risks -- Market Talk ...

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

No injuries were reported after a collision of two crude oil tankers sparked a fire near the Strait of Hormuz.

Hostilities between Iran and Israel have raised fears that shipping and crude flows through the narrow waterway may now slow ...

Shipowner Frontline said the incident near the Strait of Hormuz was due to navigational issues and not related to the current ...

As Israel pounds Iran with airstrikes targeting military facilities and its nuclear sites, officials in Tehran have proposed ...

Some energy facilities have been hit in both Israel and Iran in recent days, although major oil and gas infrastructure and ...

Middle East tensions prompt ship diversions from Strait of Hormuz as Gulf-to-China freight rates surge 24%, fuelling concerns ...

Global markets have remained relatively calm amid the escalating tensions between Israel and Iran. But that sentiment could quickly shift, according to experts, if the conflict affects the Strait of ...

--Brent crude and WTI were both up 1.3% at $74.20 a barrel and $72.70 a barrel respectively, amid concerns about supply via the Persian Gulf's Strait of Hormuz--a key energy shipping route where ...

The Emirati national guard says it has evacuated 24 people from an oil tanker after a collision between two ships just east of the world’s most critical oil chokepoint, the Strait of Hormuz ...