Villa Vie Residences has suspended operations of its residential cruise ship Villa Vie Odyssey in Cambodia, forcing residents to disembark as soaring fuel costs push the company toward financial restructuring....

October has become the worst month on record for attacks on merchant ships in and around the Strait of Hormuz, and oil is now washing onto the beaches of the United Arab Emirates.

Two new maritime security warnings issued Monday point to continued dangers for commercial shipping in the Middle East, with one tanker confirmed disabled by a projectile in the Strait of...

Commodity trader Mercuria Energy Group accused the Baltic Exchange of continuing to publish the world’s benchmark oil tanker rate, despite distortions caused by the Iran war, because it feared losing business to a competitor.

When Donald Trump returned to the White House in 2025, “energy dominance” was the bedrock of his economic and foreign policy plans. But an unpopular war with Iran and soaring household fuel costs have now made energy policy a major liability for the US president heading into next month’s midterm elections.

A bipartisan group of U.S. lawmakers is warning major banks and port authorities against facilitating Russian diesel shipments under President Donald Trump’s controversial agreement with Vladimir Putin, raising the prospect...

Oct 24 (Reuters) – Ras Al Khaimah authorities said on Saturday that all beaches in the emirate would be closed until further notice, a day after anoffshore oil leak prompted beach closures in...

US crude oil exports to Asia are set to hit multi-year lows after the Iran war disrupted global shipping and pushed the cost to lease a tanker for the Pacific journey to a record of almost $80 million.

The Greek finance ministry said on Thursday it was implementing sanctions in place linked to Iran and that it backed efforts to effectively combat money laundering and the financing of terrorism.

Iran’s Revolutionary Guards claimed Thursday that seven commercial vessels were struck overnight in the Persian Gulf and Strait of Hormuz, including four ships conducting oil transfers, prompting President Donald Trump...

The United States has imposed a new round of sanctions targeting a law firm, shipping agents and nine vessels accused of helping Iran move oil and other commodities through international...

By Julian Lee (Bloomberg) — Oil shipments from the Middle East are showing little sign of buckling in the face of Iran’s more frequent and damaging attacks on merchant ships in the...

The cost of shipping crude oil from the Middle East Gulf to Asia has surged to more than $37 per barrel, over five times prewar levels, as an increasingly complex...

Two more tankers have been struck by unidentified projectiles in separate incidents near the Strait of Hormuz and in the northern Persian Gulf, adding to a growing series of attacks...

Iran’s Revolutionary Guards claimed Tuesday that a supertanker caught fire after striking a naval mine south of the Strait of Hormuz, adding to a series of similar claims that have...

(Bloomberg) — A US plan to rehabilitate sanctioned tankers to boost oil supply may attract only a sliver of the dark fleet, as existing contracts, complex compliance checks and sky-high...

Iranian attacks in the Persian Gulf are striking more ships and causing more severe damage than earlier in the conflict, bringing fresh risks to energy flows from the region.

Iran has deliberately prolonged talks with the US to try to weaken Donald Trump politically ahead of November's US midterm elections, senior officials say, while fears of renewed military action and deep distrust of Washington have reinforced Tehran's reluctance to strike a quick deal to end the war.

Congressional scrutiny of the Trump administration’s Jones Act waiver is growing, with Rep. Salud Carbajal (D-Calif.) demanding answers about whether foreign vessels operating in domestic U.S. trades are complying with...

Iran’s main oil-loading terminals have remained empty for weeks, adding to signs that a US naval blockade of the country is throttling Tehran’s exports.