A tanker was hit by an unknown projectile yesterday while sailing about 19 nautical miles east of Khasab, Oman, the United Kingdom Maritime Trade Operations agency says. The crew is reported safe and no environmental impact is reported,

Treasury had waived sanctions on Iranian oil through Aug. 21 after Washington and Tehran inked an interim deal to reopen Hormuz last month.

Simulations consistently point to the vulnerability of larger refuelers concentrated at a handful of airfields.

By Jonathan Saul LONDON, July 9 (Reuters) - Oil tanker traffic through the Strait of Hormuz was at a near standstill on Thursday, according to data and sources, as shipping risks escalated after the U.

Just a few weeks into the war, one of the Persian Gulf’s top oil producers quietly began sneaking its crude out of the Strait of Hormuz. Before long, the covert project became so successful that the United Arab Emirates was already approaching its pre-war rate of flows through the waterway by the time the US and Iran signed their interim peace deal.

A crude tanker ETF is posting gains most stocks never see in a decade, and the force behind it traces back to a single chokepoint that controls nearly a fifth of the world's oil supply.

LONDON, July 14 (Reuters) - The chemical tanker Stolt Magnesium caught fire on Tuesday following the "explosion of an unidentified external device" as it was sailing in the Arabian Sea off the coast of Oman,

India, July 16 -- US Israel Iran War Latest News: The United States has stepped up enforcement of its renewed naval blockade against Iran after American forces disabled a commercial oil tanker that was allegedly attempting to reach an Iranian port despite repeated warnings.