ehran reasserted its right on Friday to control shipping in the Strait of Hormuz and warned Gulf states against siding with the U.S., a day after an attack on a ship near Oman highlighted the fragility of a preliminary deal to end the Iran war.

Oman has told European officials there’s no way of going back to the pre-war status quo with the Strait of Hormuz and transiting ships may have to be charged some fees, according to people familiar with the matter.

Fewer vessels transited the Strait of Hormuz on Friday than earlier this week, hours after a Taiwanese-operated ship was fired on by Iran, ship tracking data showed.

PARIS, June 25 (Reuters) – France’s navy seized another tanker it said was linked to Russia’s “shadow fleet” on Thursday, underscoring the escalation this year in European efforts to enforce sanctions and...

Arctic shipping continues to attract interest as melting sea ice and geopolitical disruptions push companies to explore faster trade routes between Asia and Europe, but Allianz Commercial warned the region remains one of the highest-risk environments for commercial shipping.

Three stranded tankers carrying 5 million barrels of crude oil were exiting the Strait of Hormuz on Wednesday, with two heading to Asia, shipping data showed, as the interim deal between Iran and the U.S. unlocks more supply stuck in the Gulf, bringing down global prices.

One of the world’s biggest operators of supertankers has provisionally booked a vessel to transport oil from the Persian Gulf to India at nearly nine times benchmark rates, a price that reflects the shortage of avalable ships in the area.

U.S. Secretary of State Marco Rubio faces a delicate mission this week pitching Washington's Iran peace deal to Gulf Arab leaders who fear excessive concessions will strengthen Tehran and reshape the region's security balance and oil flows.

More ships are openly signaling their intention to traverse the Strait of Hormuz, pointing to growing confidence among shipowners and traders about sending vessels through the chokepoint as tensions ease.

(Bloomberg) — Chinese oil imports may never fully recover from the Iran war, with analysts saying the conflict accelerated a permanent shift away from fuels like gasoline and diesel. Rystad...

Iran has ramped up the amount of oil it sends openly through the Strait of Hormuz to the highest since the war began, as shipping activity picks up while Tehran and Washington seek a lasting peace deal.

By Florence Tan SINGAPORE, June 22 (Reuters) – The number of ships that passed through the Strait of Hormuz fell sharply on Sunday after Iran announced it had again closed the waterway, citing...