A widening conflict in the Middle East has led to dramatic swings and surges in the price of fuel for ships, prompting distributors in Singapore, the world’s top bunkering hub, to cut back their purchases.

Crude tanker-owner Capital Tankers Corp.’s shares fell in their Oslo debut on Tuesday, as the closure of the Strait of Hormuz has disrupted global oil transit and markets.

Several U.S. allies said on Monday they had no immediate plans to send ships to unblock the Strait of Hormuz, rebuffing a request by President Donald Trump for military support to keep the vital waterway open.

The United States is allowing Iranian oil tankers to transit the Strait of Hormuz despite the ongoing maritime conflict in the Persian Gulf, a move aimed at preventing a deeper...

An LNG carrier carrying Russian gas has entered the Mediterranean Sea for the first time since Moscow began diverting shipments away from the region after an explosion aboard the tanker Arctic Metagaz earlier this month, ship-tracking data showed.

By Saurabh Sharma NEW DELHI, March 14 (Reuters) – Stranded for two weeks at the Iranian port of Bandar Abbas as drones and missiles set ships ablaze nearby, 26-year-old seafarer Ambuj says he has not...

A handful of Greek shipowners have sent crude oil and dry bulk tankers through the Strait of Hormuz during the U.S.-Israeli war on Iran, risking destruction from mines, missiles and drones for a chance at millions of dollars in quick profits.

The conflict in the Middle East could significantly alter expectations of looming overcapacity in the container shipping sector. The prolonged Red Sea disruptions are absorbing vessel capacity and keep freight markets tighter than anticipated.

The U.S. Coast Guard is quashing the latest rumor on tankers looking to reposition to the Atlantic and Pacific trades instead of staying in the Middle East. Early on Thursday, in some tanker circles, the was chatter of tanker owners looking to register with the Coast Guard to be eligible to trade in the U.S.

Norway Bars Its Ships From Hormuz as Attacks on Merchant Vessels Escalate Norway has moved to prohibit its merchant fleet from entering the Strait of Hormuz, marking one of the...

The Trump administration plans to waive a century-old maritime law that requires American ships be used to transport goods between US ports as it seeks to blunt surging oil and gasoline prices, according to people familiar with the matter.

Iran will avenge the blood of its martyrs, keep the Strait of Hormuz closed and attack U.S. bases, new Supreme Leader Mojtaba Khamenei said on Thursday in a statement read out on state television, his first remarks since succeeding his slain father.