As tensions in West Asia have raised concerns about the availability of petroleum products, the Indian government has issued strong assurances on the country's...
Two Indian sailors on board the Palau-flagged oil tanker MV Skylight hit by Iranian missiles, have reportedly died. Captain Ashish Kumar and Dilip Singh...
The US Development Finance Corporation will provide political risk insurance to shipping lines at reasonable rates. Trump also warned the US Navy may escort tankers if tensions escalate and passage through the Strait of Hormuz remains unsafe.
The Fujairah Oil Industry Zone is situated on the eastern coast of the UAE along the Arabian Sea. It plays a key role in global energy trade because it allows oil tankers to operate without passing directly through the Strait of Hormuz. This is a major shipping route for the export of energy products from the Middle East.
U.S. Central Command (CENTCOM) on Sunday forcefully rejected claims by Iran’s Islamic Revolutionary Guard Corps (IRGC) that ballistic missiles had struck the aircraft carrier...
The USS Gerald R. Ford has now joined the USS Abraham Lincoln and other U.S. warships in the region, indicating that an attack on Iran can be launched anytime now.