Evangelos Marinakis, one of Greece’s leading shipowners, has announced that he is prepared to pay up to $200,000 per transit to keep the Strait of Hormuz...
Qatar and United Arab Emirates liquefied natural gas (LNG) tankers are turning off their transponders in the Strait of Hormuz, shifting their logistical strategies in response...
The United States is prepared to support Israeli strikes against Lebanon on the grounds that Hezbollah has violated the ceasefire, according to a senior US official...
Iran said it will not impose a transit fee on vessels passing through the Strait of Hormuz, but shipowners will be required to cover operational costs...
Iran has committed to immediately reopening the Strait of Hormuz and restoring prewar levels of maritime traffic within 30 days if a framework agreement with the...
The Japanese government plans to draft an additional relief package worth 3 trillion yen (approximately $19 billion) during the 2026 fiscal year to combat rising energy...
The conflict involving Iran has accelerated the use of the Chinese yuan in global oil trade and sparked a surge in demand for Beijing’s Cross-Border Interbank...
Chinese President Xi Jinping and Russian President Vladimir Putin deepened their partnership in Beijing on Wednesday with a series of agreements and a joint declaration calling...
NATO is considering the possibility of becoming involved in efforts to secure maritime shipping and vessel transit in the Strait of Hormuz if Iran does not...
The United States is prepared to temporarily suspend sanctions on Iranian oil exports during ongoing peace negotiations, Iran’s Tasnim news agency reported, citing a source close...