The UAE's decision to leave OPEC was three years in the making and is based on its view the world is near the “autumn of the hydrocarbon age”, meaning the country needs to maximize oil revenues while it can, a senior adviser to the president said.

Japan — one of Asia’s biggest importers of energy from the Middle East — flagged the impending arrival of the first Persian Gulf oil shipment to transit the contested Strait of Hormuz since the Iran war began.

The U.S. and Iran stuck to opposing stances on Thursday over Tehran's uranium stockpile and controls on the Strait of Hormuz, although U.S. Secretary of State Marco Rubio said there had been "some good signs" in talks.

Panama President José Raúl Mulino announced Thursday that Ilya Espino de Marotta has been selected as the next administrator of the Panama Canal, making her the first woman to lead one of the world’s most...

Iran is discussing with Oman how to set up some form of a permanent toll system that will formalize its control of maritime traffic through the Strait of Hormuz.

U.S. House Foreign Affairs Committee Chairman Rep. Brian Mast has warned U.S. Secretary of State Marco Rubio of “Chinese malign influence” in a bid for a major contract in Argentina, according to a letter seen by Reuters.

Traffic through the Panama Canal is climbing sharply as disruption in the Strait of Hormuz drives more U.S. energy exports toward Asia and Pacific markets, pushing the waterway close to...

The International Maritime Organization has adopted the world’s first international framework governing autonomous commercial ships, marking a major milestone in shipping’s push toward remotely operated and fully autonomous vessels.  The new non-mandatory...

Container freight rates continued their upward march this week as carriers pushed ahead with higher pricing on major East-West trade lanes amid signs that the traditional peak shipping season is...

Full oil flows through the Strait of Hormuz will not return before the first or second quarter of 2027, even if the Middle East conflict ended now, the head of the United Arab Emirates' state oil firm ADNOC said.

Iran’s self-declared Persian Gulf Strait Authority (PGSA) has published what appears to be the clearest geographic definition yet of the maritime zone it claims authority over in the Strait of...

The tanker crew gathered their courage and carefully navigated along a route designated by Iran, hugging the coastline and maneuvering their hulking vessel between island checkpoints through the Strait of Hormuz.