Tensions in West Asia raise concerns over oil markets as Iran-Israel clashes threaten Strait of Hormuz closure.

Despite Israel‑Iran escalation, Hormuz throughput unchanged in Q1 2025. Find the latest news from the maritime industry on the PortNews website.

“Closing the Strait of Hormuz or attacking energy infrastructure in the region will spike energy prices, turn all their ...

Donald Trump speaks at huge Washington military parade; Israel-Iran conflict escalates as Penny Wong issues stern warning.

The country’s exports mostly come from Kharg Island in the Persian Gulf. But Israel’s energy facilities are also at risk.

Iran’s oil ministry has confirmed that the Shahran fuel and gasoline depot was hit and set afire during the Israeli attack on ...

The Strait of Hormuz, a narrow waterway at the mouth of the Persian Gulf, handles around 26% of the world’s oil trade and is ...

The Trump administration last week approved plans for a second deepwater oil loading terminal off the Texas coast, opening another door for continued long-term growth in American crude production ...

With recent Jask Terminal developments, Iran may be eyeing a shift from Kharg Island for oil exports, seeking security and diversification in the face of heavy geopolitical risks Iran’s Jask Terminal, ...

The Jask oil terminal — officially opened in July 2021 but largely inactive as a loading facility ever since — was about half filled late last month, an image from the Sentinel Hub website shows.

(MENAFN) The chief of the Iran Oil Terminals Company (IOTC) has asserted that Jask Oil Terminal, as a national and strategic venture under the organization of IOTC in the Sea of Oman, promises the ...

the second phase of the terminal’s development project can be implemented as soon as late September. The construction of the Jask oil terminal’s second pipeline was started immediately after the ...