World’s largest container carriers are rerouting ships to avoid the Persian Gulf. Read more at straitstimes.com. Read more at ...

The Strait of Hormuz is one of the most sensitive pressure points in the global economy. Conflict in Iran could put it at ...

Nintendo relies heavily on sea freight to transport its $450 console from assembly hubs in Asia. Its shares fell as much as 4 ...

Jebel Ali, the world’s busiest container port outside of Asia, had a fire at one of its berths caused by falling debris from an aerial interception, Dubai’s Media Office said on X. Civil Defence teams ...

Global oil markets brace for a sharp surge as tensions in the Middle East escalate, threatening the critical Strait of Hormuz ...

The joint military strikes by the United States and Israel on Iran are reverberating far beyond the Middle East, triggering volatility in global oil markets and raising fresh concerns about the ...

Shares tumble in risk off trade as Iran, the US and Israel trade barbs; Brent surges; gold miners soar; Magellan and ...

Nigeria could earn an extra $1.3 billion in crude sales in March as spiralling Middle East tensions threaten to trigger a supply shock that may see prices rally to $100 to $150 per barrel amid ...

The strikes, which Donald Trump described as targeting Iran's nuclear and military infrastructure, upended oil market ...

Iran closed the Strait of Hormuz following U.S. and Israeli airstrikes that took place on Saturday, prompting Korea’s energy, shipping and aviation industries to activate emergency measures as ...

The US and Israeli attack on Iran is disrupting global freight flows, with container terminals across the Gulf limiting ...

After the US and Israeli attack on Iran, Tehran has announced the effective closure of the Strait of Hormuz, through which a ...