The escalating Israel-Iran conflict has prompted shipowners to exercise an extra degree of caution in both the Red Sea and ...

As the conflict escalates, container shipping faces growing risks from a potential chokepoint closure, rising insurance costs and surcharges from major carriers.

The Strait of Hormuz, which links the Gulf of Oman and the Persian Gulf, “is the world’s most important choke point,” according to the US Energy Information Administration. The shipping ...

(Bloomberg) -- The Strait of Hormuz, a narrow waterway at the mouth of the Persian Gulf, is rarely far from the center of ...

The Strait of Hormuz, a narrow waterway at the mouth of the Persian Gulf, is rarely far from the center of global tensions. A major shipping route that handles almost 30% of the world’s oil ...

It appears that the British Heritage was attempting a similar avoidance strategy when ... a judge of such statements, British shipping in the Strait of Hormuz will be at risk—but not now.

warning once again that shipping might not be safe in the Strait of Hormuz oil waterway. Tensions have risen between Iran and the West since last year when the United States pulled out of an ...

The United States says it will "guarantee freedom of navigation" for shipping through the Strait of Hormuz through diplomatic talks or military intervention, contending again that it was ...

CANBERRA, Australia—Australia will join a U.S.-led coalition protecting oil tankers and cargo ships from attacks by Iran in the Strait of Hormuz, the government said, bolstering Washington’s ...

President Donald Trump questioned the need for the US to protect shipping in the Strait of Hormuz. (Evan Vucci/AP) Major oil importers like China and Japan should be protecting their own ships in ...

Iran is threatening again to close the Strait of Hormuz – a key Persian Gulf shipping route – “if the enemy makes a small mistake” and threatens the Islamic Republic, one of its generals ...