The Middle East crisis isn't just about stranded tankers — oil output could be forced offline next
Commercial ships are anchoring off the coast of the United Arab Emirates amid navigation disruptions in the Strait of Hormuz. Stringer/Anadolu/Getty Images US-Israel strikes on Iran threaten the…
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The Middle East crisis isn't just about stranded tankers — oil output could be forced offline next
Commercial ships are anchoring off the coast of the United Arab Emirates amid navigation disruptions in the Strait of Hormuz. Stringer/Anadolu/Getty Images US-Israel strikes on Iran threaten the Strait of Hormuz and global oil flows. A prolonged closure could fill storage tanks and force Gulf producers to stop pumping oil. Surging crude may lift US shale while stoking inflation and economic pressure at home. Oil traders are bracing for disruptions to the Strait of Hormuz after the US and Is...
Read full article →US-Iran war: Indian airports take fuel stock as fear looms over oil supply amid ‘closure’ of Strait of Hormuz
Iran claims that it has already closed the Strait of Hormuz, the world's most critical oil chokepoint, but it is not clear whether it is a complete closure.
Read full article →Dutch ships stuck in Persian Gulf following attacks on Iran
Almost 100 Dutch ships are stuck in the Persian Gulf because of the war between the United States and Israel...
By Robin Pascoe
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