(Reuters) - A nuclear-powered U.S. submarine and another U.S. vessel collided on Friday in the Strait of Hormuz but there was no damage to the atomic propulsion unit, the U.S. Navy said. Around 40 ...

Oil is front and center as the war between Iran and Israel escalates, with prices rising nearly 20% since the start of the month. But it’s not the only market that could be rocked by the fighting.

The U.S. bombing of Iranian nuclear sites impacts oil in more ways than one Tanker operators in the Strait of Hormuz are facing higher shipping and insurance costs, despite a drop in oil prices, as ...

The ceasefire between Israel and Iran seems like it’s holding, and oil prices have come way down over the past couple of days. Brent Crude fell by nearly 10% on Monday, and it’s spent Tuesday hovering ...

President Donald Trump said Wednesday that U.S. officials have seized a “very large” oil tanker off the coast of Venezuela, a major escalation of the administration’s months of efforts to punish the ...

First-Ever: Sovcomflot’s Gagarin Prospect Tanker in LNG Bunkering Milestone in U.S. Russian oil and gas shipping giant Sovcomflot said Friday it had on March 15, together with Shell, "broke new ground ...

Oil shipping routes are vital arteries of the global energy trade, linking major production centers to key consumption markets worldwide. ・Business Insider Africa presents the 10 most important crude ...

MOSCOW, Jan 15 (Reuters) - Russia's oil shipping costs to Asia from its main Baltic ports eased in early 2024, despite security concerns in the Red Sea, winter weather and rising scrutiny over the ...

MOSCOW/LONDON, Nov 23 (Reuters) - Three major Greek shipping firms have stopped transporting Russian oil in recent weeks in order to avoid U.S. sanctions now being imposed on some shipping firms ...

China’s retaliatory port levies are exposing oil shipping companies to hefty fees, making them scramble for relevant paperwork, and contributing to delays, cancellations and spiraling freight costs.

SUMMIT, N.J.--(BUSINESS WIRE)--Breakwave Advisors in partnership with ETF Managers Group LLC (ETFMG®), announced that the Breakwave Tanker Shipping ETF (NYSE Arca: BWET) will begin trading today on ...

(Reuters) - Iran has threatened to close the Strait of Hormuz in the event of a military attack over the country's nuclear ambitions. Analysts say Tehran could attempt to block the key oil trading ...