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Rising rates for the largest crude oil tankers climbed higher as the U.S. bombed nuclear weapons facilities in Iran.
With a ceasefire in place between Israel and Iran, U.S. Central Command is watching the Strait of Hormuz, the narrow ...
The Strait of Hormuz is between Oman and Iran, which boasts a fleet of fast-attack boats and thousands of naval mines as well ...
The world’s largest shipping trade group, Bimco, says several operators have begun halting transits through the narrow waterway.
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Global News - Inquirer.net on MSNWhat is the Strait of Hormuz and why is it so important for oil?Iran's top security body must make the final decision on whether to close the Strait of Hormuz, Iranian TV said on Sunday, ...
Iran conflict, Iran is reportedly considering closing the Strait of Hormuz, which is critical in transporting the world's oil.
About 21mn barrels of oil from Iran, Iraq, Kuwait, Saudi Arabia, Qatar and the United Arab Emirates pass daily through the narrow waterway separating the Islamic republic from the Gulf states, ...
Fighting has the potential to disrupt oil markets, but a move by Iran to cut off supply would chiefly hurt China, the biggest ...
Oil tanker stocks have seen some rough times recently. ... Antwerp, Belgium-based Euronav is an oil tanker company that also runs the world’s largest independent quoted crude tanker platform.
TradeWinds is the essential source of global shipping business news and commentary. Our subscription service offers the ...
HOUSTON: Oil prices tumbled US$5 a barrel, or over 6 percent on Monday (Jun 23) after Iran attacked the US military base in ...
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