Tag: Ships and Shipping
U.S. Strikes Iranian Oil Tankers, Drawing Threat of Reprisal
American forces were said to have hit multiple vessels in response to Iranian attempts to hit a U.S. warship.
Oil Prices Rise After U.S. and Iran Trade Strikes
Brent crude, the global benchmark for oil, rose to about $97 a barrel on Monday, while the national average price of gas was $4.15 a gallon.
Iran’s Attacks Keep the Strait of Hormuz in a Lethal Stalemate
The U.S. military is helping oil get out of the Persian Gulf on tankers, but Iran is still attacking the ships and scaring operators away.
Yemen’s Houthis Push Toward Red Sea Strait as Ground Fighting Escalates
The Houthis, an Iran-backed militia, appear to be trying to gain control of a port city near the Bab al-Mandab Strait, a key choke point for global trade.
U.S. Strikes Iran Over Strait of Hormuz Mines, Trump Says
Iranian officials said the strikes caused significant damage, including killing four people and injuring several dozens at a wedding. Iran said it retaliated by firing on U.S. bases in the region.
U.S. Strikes May Have Targeted a New Type of Iranian Naval Mine
The U.S. military said its attacks against Iran were in response to a threat to the Strait of Hormuz.
Why Larak Island Is Strategically Important for Iran
The roughly 30-square-mile island serves as a foothold for Iran’s military to advance its control over shipping through the Strait of Hormuz.
How 6 Months of War in Iran Jolted Oil, Gas, Stocks and More
How markets have moved six months into the war, and where they might be headed in the future.
Diesel Price Nears Record High, Helping Oil Companies and Hurting Consumers
The cost of the fuel, used in farm machinery, trucks and other heavy equipment, has surged because of the war in Iran and Ukrainian attacks on Russian refineries.
Soaring Diesel Prices Are Helping Oil Companies and Hurting Consumers
The cost of the fuel, used in farm machinery, trucks and other heavy equipment, has surged because of the war in Iran and Ukrainian attacks on Russian refineries.