By Rakesh Sharma and Mihir Mishra Apr 4, 2026 (Bloomberg) —India is buying crude from Iran among other countries in order to navigate the current energy crisis, the country’s oil ministry…
By Bloomberg News Apr 4, 2026 (Bloomberg) –Russia said drone debris struck a cargo vessel in a bay of the Azov Sea overnight while Moscow’s forces targeted several Ukrainian regions, including…
A small number of merchant vessels have begun edging back through the Strait of Hormuz, offering the first visible signs of movement after weeks of disruption. But far from signalling
Recent U.S. intelligence reports warn that Iran is unlikely to open the Strait of Hormuz any time soon because its grip on the world’s most vital oil artery provides the
The Trump administration has doubled its maritime insurance backstop to $40 billion, expanding a flagship effort to restart commercial shipping through the Strait of Hormuz—even as shipowners continue to largely
Construction of the South Korean company’s expansion of the Clarksville, Tenn., plant, which began in December 2023, is scheduled to be completed in June.
Diesel prices are climbing, ocean vessels are rerouting and U.S. trucking rates are responding as war in Iran ripples through energy and freight markets.
President Donald Trump on Friday said the U.S. can open the Strait of Hormuz with a little more time, as pressure mounts for his administration to find a quick resolution to
South Korean President Lee Jae Myung and French President Emmanuel Macron said on Friday they planned to boost defense cooperation and work together to address the economic and energy crises
A container ship signaling French ownership has exited the Strait of Hormuz, in what appears to be the first known transit by a vessel linked to Western Europe since the
