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

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

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THE government is ready to roll out fuel subsidies if the situation in the Middle East worsens and triggers a surge in crude ...

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