Australians were warned soon after the Middle East conflict started that the country could run short on fuel, with prices rising to record levels owing to disrupted oil supplies. Now, …
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The centre of the strait of Hormuz is blocked with about 80 mines that will need clearing for normal shipping to resume, the independent tanker owner trade body has said. …
The centre of the strait of Hormuz is blocked with about 80 mines that will need clearing for normal shipping to resume, the independent tanker owner trade body has said. …
Donald Trump has claimed that the US has been conducting a “secret mission” in the strait of Hormuz to help Gulf petrostates bypass Iran’s chokehold on oil flows – which …
France has released footage that appears to show French naval commandos boarding a ship suspected of being part of Russia's 'shadow fleet' and subject to international sanctions. The French president, …
A suspected Russian oil tanker has been detained in the Atlantic, France has announced, in the latest seizure aimed at combatting Moscow’s “shadow fleet” of vessels contravening international sanctions. The …
The French navy has boarded an oil tanker that was subject to international sanctions and sailing from Russia, the French president, Emmanuel Macron, has said. Macron wrote on X: “This …
Oil prices fell on Friday as investors hoped for the end of the US-Israel war on Iran, leaving the commodity poised for one of the biggest monthly declines ever. The …
Rachel Reeves has instructed cabinet colleagues to award government contracts in four critical industries directly to British companies, making clear her irritation that ministers have been sending too much government …
The operator of Belfast harbour plans to spend £1.3bn over the next 25 years to take advantage of strong economic growth in Northern Ireland, in what would be one of …
Oman has been caught in geopolitical crossfire after Iran said it was coordinating with the Gulf state over the future management of the strait of Hormuz, including Tehran’s plans to …
The blast tore through the engine room of the tanker MKD Vyom without warning on the morning of 1 March. “There were immense shock waves and a fireball,” says Basis*, …
The boss of the shipping company Maersk has said the reopening of the strait of Hormuz would have a “limited impact” on cargo flows, as the industry grapples with a …
The world’s shipping industry has questioned if vessels will be able to travel safely to and from the Gulf after Donald Trump announced his latest plan to open the strait …
About a fifth of the world’s oil and liquefied natural gas (LNG) passed through the strait of Hormuz, a strip of sea less than 30 miles wide at its narrowest …
Three vessels have been hijacked off the coast of Somalia in the past week, raising fears of a resurgence in piracy around the Horn of Africa, and adding to the …
The US military took custody of an Iranian-flagged container ship that attempted to get past an American blockade near the strait of Hormuz, Donald Trump announced on Sunday. In a …
The failure of the US and Iran to reach a peace deal after marathon negotiations has put markets on alert for further oil and gas price rises. With large numbers …
‘You can try to minimise the impact that this situation has on your mental health but it’s becoming impossible.” After six weeks stranded in the Gulf, one of the 20,000 …
A plunge in the oil price, stock market rally and renewed hopes for the global economic outlook. After the announcement of a two-week ceasefire in the Iran war, the relief …
If the US-Israeli ceasefire with Iran holds, it could offer the clearest hope of an end to the energy crisis since Iran’s Revolutionary Guards assumed control of the strait of …
There will be no “mass exodus” of ships through the strait of Hormuz, shipping analysts say, despite a two-week conditional ceasefire being agreed between the US and Iran with provision …
There will be no “mass exodus” of ships through the strait of Hormuz, according to shipping analysts, despite the agreement of a two-week conditional ceasefire between the US and Iran …
Oil prices plunged by almost 15% after Donald Trump held off on his threat to bomb Iran into the stone ages on Tuesday night, and Iran’s foreign minister said passage …
There was a mix of anticipation and trepidation in Penzance among the passengers waiting on to board Scillonian III. Some were looking forward to an adventurous voyage on the ferry …
Several ships have now passed through the strait of Hormuz, according to reports, as shipping companies and international leaders scramble to get vital cargo through the waterway. A container ship …
Two ships have passed through the strait of Hormuz, according to reports, as shipping companies and international leaders scramble to get vital cargo through the waterway. A container ship owned …
‘Tehran’s tollbooth’: a visual guide to how a trickle of ships still passes through strait of Hormuz
Threats to shipping have effectively closed the strait of Hormuz since the US-Israel war on Iran began four weeks ago – upending global oil and gas supplies and sending energy …
A string of large offshore wind projects in Europe are facing potential delays as the Iran war threatens to disrupt shipping of crucial parts manufactured in the Gulf. Industry sources …
It is peak harvesting season for avocados in the lush southern highlands of Tanzania but growers are racing against time to find buyers for the precious green fruits before they …
Shipping risk been insured by Lloyd’s of London for more than 330 years, but now the centuries-old heart of maritime insurance is getting to grips with the most modern of …
The closure of the strait of Hormuz is causing a “paralyzing, real-time problem” for any prospective manufacturing surge in the US defense industrial base, and even for the repair of …
About 20 miles off the coast of Iran lies the source of the petrostate’s economic lifeblood and the latest target of US military aggression: an 8 sq mile coral island …
The world’s largest offshore oilfield stretches more than 40 miles from Saudi Arabia’s eastern province into the depths of the Persian Gulf. For almost 70 years the Safaniya field has …
There is a price for everything: even the cost of insuring a ship travelling through the strait of Hormuz. Donald Trump’s proposals for the US to provide political risk insurance …
US stock markets closed on a high after oil prices swung wildly on Monday, reaching a four-year high in the morning that rattled Asian and European markets before settling down …
Global oil prices surged past the $100 (£74, AU$142) a barrel mark for the first time since 2022 as escalating military aggression in the Middle East continues to wipe 20m …
Great Britain has only two days of fossil gas stored after a decline in energy reserves, as more tankers carrying liquefied natural gas (LNG) are diverted from their course to …
Donald Trump’s assault on Iran and the deadly conflict it has unleashed is grim and unprecedented – but there is a familiarity to its economic consequences: brace yourself for another …
Global oil prices could breach the $100 (£74) a barrel mark within days, and reach $150 a barrel by the end of the month, without a solution to the severe …
Thousands of seafarers are trapped on tankers in the Gulf after the strait of Hormuz was effectively closed to shipping by the escalating war on Iran. The Guardian spoke to …
The conflict in the Middle East is disrupting shipping across the region, including in the Strait of Hormuz, one of the world’s busiest maritime routes. Maritime traffic through the strait, …
Iran has in effect closed the strait of Hormuz to oil and gas exports for the past four days with a mixture of drone strikes and fear that has halted …
The Chinese government has called for vessels passing through the strait of Hormuz to be protected by all sides in the escalating Iran conflict, as shipping freight rates soared. Maritime …
Fume-belching ferries spew more sulphur pollution than cars in several EU capitals, analysis has found. Dublin, Helsinki, Stockholm and Tallinn are among 13 of Europe’s 15 biggest port cities choked …
Leading maritime insurers have cancelled war risk cover for vessels operating in the Gulf as the escalating Iran conflict disrupted shipping and sent some freight costs surging. At least 150 …
The impact of the deadly and unpredictable conflict in the Middle East on the global economy will be felt most immediately, and keenly, through the rising cost of oil. Prices …
Belgium has seized an oil tanker believed to form part of the so-called “shadow fleet” used by Russia to circumvent Western sanctions over the war in Ukraine. Special forces assisted …
US “bullying” over a proposed carbon levy on shipping appears to be paying off, experts have said, after Panama reversed its support for the measure. In a leaked document seen …
A senior Russian official has said Moscow could deploy its navy to protect Russian-linked vessels from potential European seizures, raising the prospect of retaliatory action against European shipping as pressure …
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