U.S., Iran signal peace progress — but remain at odds over enriched uranium, Strait of Hormuz tolls

U.S. Secretary of State Marco Rubio on Thursday said there were "good signs" that an agreement to end the Middle East conflict is in sight.

Why reopening Strait of Hormuz is ‘too high’ a risk for merchants — even with military escort

What the US Navy accepts is risk to send ships through tends to be different than what the merchant ships do.” ...

UAE quickens second pipeline to bypass Strait of Hormuz

A United Arab Emirates company has expedited construction of a second oil pipeline to bypass the Strait of Hormuz, but normal ...

Iran reveals new Strait of Hormuz boundaries as it seizes huge areas of ocean

It comes days after President Donald Trump postponed a planned attack on the country amid negotiations to end the war.

UAE says new pipeline that will bypass Strait of Hormuz is nearly 50% complete

The UAE has redirected some oil exports through an existing pipeline to Fujairah, which has a maximum capacity of 1.8 million ...
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South Korean and Chinese tankers exit Strait of Hormuz

South Korean and Chinese supertankers have exited the Strait of Hormuz in one of the clearest signs yet that limited oil ...

Oil to cross $200 per barrel? Report flags worst-case Hormuz scenario that Iran warned of

A prolonged closure of the Strait of Hormuz could trigger a severe global energy crisis, potentially pushing oil prices to ...

Replay of 2008? Hormuz blockade could raise the risk of an economic downturn

The warning came as the US and Iran maintained opposing stances on Tehran’s uranium stockpile and controls on the Strait of ...