Two oil tankers collided and caught fire near the Strait of Hormuz Wednesday night. The tankers, located off the coast of ...

A more nuanced perspective that emphasises the process of attrition rather than the pursuit of clear-cut outcomes is needed says GlobalData.TS Lombard ...

LONDON - The Front Tyne oil tanker was sailing through the Gulf between Iran and the United Arab Emirates on Sunday when just past 9:40 a.m. shiptracking data appeared to show the massive vessel in ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

In the statement, the G7 leaders said they affirm Israel has a right to defend itself and reiterated their support for the country.

The global oil market is entering a new phase of structural change as oil production capacity is expected to far outpace demand growth through the end of the decade, the International Energy Agency ...

Reports indicate three ships are transmitting not under command in the Gulf of Oman near the Strait of Hormuz. NASA's FIRMS ...

The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply. Click here for more ...

The UAE coast guard said it had evacuated 24 people from one of the ships, Adalynn, to the port of Khor Fakkan after the ...

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Two oil tankers caught fire after colliding near the Strait of Hormuz, raising concerns among traders regarding potential ...