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President Trump has intensified sanctions on Iran to pressure its leadership into negotiations, following failures in military and diplomatic efforts. This eco…
Oil from a grounded tanker has reached Oman’s mainland beaches, threatening local marine habitats and protected areas. Authorities are mobilizing clean-up effo…
President Trump has stated that the U.S. will protect commercial shipping in the Strait of Hormuz amid escalating tensions with Iran, which has been linked to …
The Trump administration extended a 90-day Jones Act waiver for fuel transport between U.S. ports, easing fuel costs by allowing foreign tankers to operate. Th…
A tanker stranded off Oman for over a month is leaking crude, with the spill covering 400–600 square kilometers and threatening a protected marine reserve; aut…
Tanker crews face ongoing risks in the Strait of Hormuz due to Iran's retaliation for U.S. sanctions, with dozens stranded and insurance costs rising. The stra…
The United Arab Emirates has accused Iran of striking a tanker owned by the Abu Dhabi National Oil Company (ADNOC) with a missile as it crossed the Strait of H…
Iran claims a deal with Oman to jointly control the Strait of Hormuz is nearly finalized, easing oil shipping risks, but the U.S. denies any talks and insists …
The Singapore stock market rebounded by 1.03% after a five-day decline but analysts caution it may soon lose these gains due to global economic uncertainty and…
Iran, Oman agree on shipping routes in the Strait of Hormuz, as Houthis attack Saudi tankers and Israel bombs Lebanon.
Treasury Secretary Scott Bessent stated that a deal ensuring safe passage for oil tankers through the Strait of Hormuz could be finalized imminently. This agre…
