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Oil steadied after rallying around 10% since Israel started its attacks on Iran last week, as speculation the US may join the conflict stoked concerns about supply disruptions in the Middle East.
Disrupting maritime activity through the strait would thus severely impact oil and gas markets, pushing prices much higher, possibly into three-digit territory ...
Business entities using the Mombasa port are holding onto hope that the Israel-Iran war will not escalate into a damaging ...
Danger Looms as Iran Threatens Global Oil Supply** As tensions escalate in the Persian Gulf, recent analyses reveal that Iran is poised to potentially disrupt a staggering fifth ...
US officials said Iran would not need lengthy preparations to attack US bases. The US military in the Middle East has been put on high alert. The US has more than 40,000 troops deployed in the Middle ...
Two oil tankers collided and caught fire near the Strait of Hormuz Wednesday night. Electronic interference was reported in the region.
Amid the ongoing tensions between Israel and Iran, ExxonMobil's CEO says there's enough spare capacity to offset any Iranian ...
As the conflict escalates, container shipping faces growing risks from a potential chokepoint closure, rising insurance costs ...
First, a little memory‑jog for the amnesiacs. Candidate Trump never promised monastic isolation. What he promised—and ...
The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply. Click here for more ...
Oil Climbs Over 2% on Middle East Risks -- Market Talk ...
The Emirati national guard said it evacuated 24 people from an oil tanker Tuesday after a collision between two ships just ...