Persian Gulf

A wave of oil from the Persian Gulf set to leave Asian refiners swamped

Around 31 supertankers, capable of carrying about 62 million barrels of crude, are stuck inside the Persian Gulf and set to sail out once the waterway opens up

US army helping move 50% of pre-war oil volume via Hormuz: US Energy Secy

About 7 million barrels of oil a day are leaving the Persian Gulf with U.S. support, Energy Secretary Chris Wright said

Iranian envoy says Hormuz strait will be open but with transit fees: Report

The US-Israeli war on Iran has largely cut oil flows via the strait, which before the conflict saw one-fifth of the world's ‌oil pass through

US military quietly guiding ships through Hormuz amid stalled negotiations

US Central Command has helped around 70 commercial ships pass through the strait in the last three weeks, an official said

Strait of Hormuz exposes China's vulnerability in Indian Ocean: Report

China's maritime vulnerability begins at the Strait of Hormuz rather than the Strait of Malacca, creating a new arena of strategic competition in the Indian Ocean among Beijing, India, France and the US, according to a report by the London-based International Institute of Strategic Studies. Released ahead of the three-day Shangri-La Dialogue security summit that opened in Singapore on Friday, the report says the Indian Ocean Region is re-emerging as a key strategic theatre after decades of relative calm following the end of the Cold War. The report, titled "Asia Pacific Regional Security Assessment", argues that China's dependence on energy supplies moving through the Indian Ocean has made the region increasingly important to Beijing's security calculations, while also exposing vulnerabilities that rival powers could seek to exploit during a conflict. The study examines strategic competition around major maritime choke points linking the Middle East and Asia, with particular focus o

US, Iran standoff over Strait of Hormuz: A test of 'who will blink first'

The American blockade and Iran's control of the Strait of Hormuz have created a stalemate that is neither peace nor raging conflict, with both sides attempting economic strangulation on the water

Two supertankers exit Strait of Hormuz with 6 million barrels of crude oil

The ships are among a handful of supertankers exiting the Gulf this month via a transit route that Iran has ordered ships to use

Two India bound LPG tankers transit Strait of Hormuz amid energy crisis

One of the LPG carriers, Symi, emerged in the Gulf of Oman on Thursday after turning off its transponder, with the other - NV Sunshine, went dark just after making it through the strait

US proposes resolution to UNSC to defend free navigation, secure Hormuz

US State Secy Marco Rubio stated that the proposal comes at the direction of US President Donald Trump in conjunction with Bahrain, Saudi Arabia, the United Arab Emirates, Kuwait, and Qatar

Ship struck by projectiles in Strait of Hormuz, says British military

Projectiles struck a ship in the narrow Strait of Hormuz, the British military said Monday, the second such attack in hours as tensions remain high between Iran and the United States. The British military's United Kingdom Maritime Trade Operations center issued the alert, saying a tanker had been targeted off Fujairah, United Arab Emirates, in the strait around 11:40 pm Sunday. It described the tanker has been struck by "unknown projectiles." "All crew reported safe," the centre said. "No environmental impact reported." Another ship came under attack in the strait on Sunday.

US announces 'Project Freedom' to escort stranded ships through Hormuz

US President Donald Trump said the US Navy will start guiding foreign stranded ships to safety through the Strait of Hormuz from Monday and warned Iran that any interference in the process would be dealt with forcefully. In a post on Truth Social, Trump said 'Project Freedom' was aimed at helping foreign ships that are locked up in the Strait of Hormuz as "innocent bystanders" and in no way involved in the developments in West Asia. Trump said several of these ships were running low on food, drinking water and everything else necessary for large-scale crews to stay onboard in a healthy and sanitary manner. At the same time, the US President said that his representatives were having positive discussions with Iran, which could lead to something "positive for all". The Strait of Hormuz, the narrow sea route between Oman and Iran that transports one-fifth of the global oil supplies, has been effectively closed since February 28, when the US and Israel launched the war with Iran. The U

Trump's order to attack Iran gunboats highlights danger of 'mosquito fleet'

The target, Iran's so-called 'mosquito fleet', has been known to US officials for years and weapons testers have regularly evaluated new warships' ability to counter it

IMO prepares evacuation plan for hundreds of ships stuck in Persian Gulf

The plan can only be put into action when there are clear signs of de-escalation, according to Secretary General Arsenio Dominguez

'Hormuz security is not free', says Iran amid rising tensions with US

The remarks come amid escalating tensions in the region following Iran's confirmation that a US operation targeted an Iranian commercial vessel in the Sea of Oman

Won't impose 'traditional fees' on passage of ships through Hormuz: Iran

Spokesman for Iran's National Security Committee, Ebrahim Rezaei stated that vessels would only be allowed to pass through Hormuz in coordination with Iranian authorities

Traffic, trepidation in Persian Gulf may delay gasoline price declines

After US President Donald Trump and Iran's foreign minister said the Strait of Hormuz was fully open to commercial vessels after almost seven weeks of war, oil prices plunged 10 per cent and the stock market rallied Friday. Motorists, hoping for relief at the pump, wondered how quickly gasoline prices might fall once oil tankers stuck in the Persian Gulf were moving again. A gallon of regular gasoline cost USD 4.08 on average in the US Friday, which was 37 per cent more than before US and Israel attacked Iran but down a few cents from a week ago. But when gas prices spike, they do not typically drop as quickly as the cost of crude. Even if Iran keeps the waterway open in the face of a US blockade of its vessels, it still could take months for fuel prices to return to levels resembling those enjoyed before the war began February 28, energy experts said. The slow speed at which oil tankers travel from ports to refineries, lingering security concerns, traffic in the strait and damage t

Oil tankers steer clear of Strait of Hormuz as US prepares for blockade

Iran's Revolutionary Guards said any military vessels attempting to approach the Hormuz would be considered a violation of the ceasefire and be dealt with harshly and decisively

Trump expresses confidence ahead of talks, confident of Hormuz reopening

President Donald Trump has expressed confidence ahead of talks between the United States and Iran on a resolution to the conflict, expected to start Saturday in Islamabad, with Vice President J D Vance leading the US delegation. "I wished him luck. He's got a big thing," Trump said in his parting message to Vance before he began his journey to lead the president's delegation for the critical talks. "We'll find out what's going on. They're militarily defeated." Trump, who spoke to reporters before boarding Air Force One to head to a Friday evening fundraiser in Charlottesville, Virginia, also reiterated his confidence that the Strait of Hormuz will soon be opened up. "And now we're going to open up the Gulf with or without them," Trump said, referring to the Iranians, who have effectively shuttered the critical waterway. "But that'll be open," he said.

Use of Strait of Hormuz must be guaranteed in any US-Iran deal: UAE

UAE official Anwar Gargash said the Strait of Hormuz cannot be weaponised, stressing that its security is not a regional bargaining chip but a global economic imperative

'Language reflects personality': Iran leader's envoy in India slams Trump

His remark came after Trump issued a strong warning to Iran to reopen the strategically vital Strait of Hormuz as the conflict in West Asia escalates