Oil prices fell to a three-week low on Tuesday as senior US officials raised hopes of…
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Threat to oil tankers in Middle East worst since start of Iran war, analysts say
by gulftimesby gulftimesThe threat to ships carrying oil in the Middle East is at its worst since the…
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The price of oil sank more than 9% on Monday on hopes that a pause in…
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Oil prices hit $100 a barrel for the first time since May as the escalating conflict…
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Strait of Hormuz: US fires at oil tanker as new Iran blockade begins
by gulftimesby gulftimesBelma, which had previously been sanctioned by the US under a former name for links with…
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Asia
Taiwan Widens Recall of More Than 400 Food Products Over Contaminated Soybean Oil as Political Pressure Mounts
by gulftimesby gulftimesTaiwan has significantly expanded a precautionary nationwide food recall linked to contaminated soybean oil, ordering more…
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Three Iranian tankers loaded with crude oil have passed the US blockade line in the Gulf…
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Under the agreement, the key Strait of Hormuz waterway will be reopened, US President Donald Trump…
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Asia
Iran Reinforces Underwater Sea-Denial Strategy with Combat-Ready Ghadir Submarines Operating Across Strait of Hormuz Oil Chokepoint
by gulftimesby gulftimesThe Iranian Navy’s public confirmation that its Ghadir-class midget submarines are operating on heightened alert inside…
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US strikes Iranian fast boats as Iran attacks UAE oil facility
by gulftimesby gulftimesShipping company Maersk says one of its US-flagged commercial vessels has successfully exited the Strait of…