The Houthis on Wednesday claimed responsibility for another attack on a Saudi oil tanker, while UK Maritime Trade Operations (UKMTO) issued a fresh warning about a separate explosion near a...

The global shipping industry is urging the United Nations and the International Maritime Organization (IMO) to oppose any attempt to impose compulsory tolls or transit fees in the Strait of...

Iran and Oman have reached an understanding on the geographic coordinates for a shipping route through the Strait of Hormuz, and a joint announcement is being finalized, provided certain third parties did not interfere, Iran's Foreign Ministry spokesperson Esmaeil Baghaei said on Wednesday.

A proposed deal between Iran and Oman would give Tehran control over ships entering the Gulf through the Strait of Hormuz, a senior Iranian source and two regional officials told Reuters on Wednesday, in one of the biggest concessions yet to Iran.

U.S. President Donald Trump said his administration had "very good discussions" with Iran during all-day negotiations on Tuesday, fueling expectations of an imminent end to the five-month conflict.

U.S. Energy Secretary Chris Wright said the Trump administration is likely to extend its temporary emergency waiver of the Jones Act again, arguing the measure has helped move energy supplies...

The White House is expected to extend a waiver of the century-old Jones Act in the coming days, sources say, reaching for one of the few tools it has to try and hold down gasoline prices as President Donald Trump escalates his attacks on Exxon Mobil XOM.Nand Chevron CVX.N for making "too much money."

Oil production in Brazil reached a record high in June as rising supplies from producers a world away from the Middle East cushion disruption from the fallout of the war in Iran.

A cargo ship transiting the Strait of Hormuz was struck by an unknown projectile late Monday, leaving one crew member missing and the ship disabled in the latest attack on...

The prospect of a deal between the US and Iran appeared to be gaining traction on Tuesday, after Qatar said a proposal had been drafted and American Treasury Secretary Scott Bessent sounded hopeful on an agreement to reopen the Strait of Hormuz.

Disruptions on one of Europe’s most important trade arteries are poised to intensify after the Rhine fell to the lowest on record ahead of the peak summer dry season, with conditions likely to worsen in the weeks ahead.

The U.S. Department of the Interior has proposed targeted changes to federal regulations governing exploratory oil and gas drilling in Alaska’s Arctic offshore, arguing the revisions will reduce unnecessary regulatory...