Even if the Strait of Hormuz reopened today, oil would still take more than a month to reach consumers. The economic shock from the Iran war could take far longer to ease.

Iraq has offered to cut the price of crude oil by more than a quarter for shipping firms prepared to risk travelling through the Strait of Hormuz to collect it.

President Trump said Saturday morning that “massive numbers” of empty tankers are headed to the U.S. to stock up on oil and gas, as Iran continues to restrict movement in the Strait of Hormuz. “Massive numbers of completely empty oil tankers,

Sanctioned tankers are allegedly disguising Iranian oil shipments as Iraqi cargo while Trump doubles down on the naval blockade to squeeze Tehran.

Tanker loading in Venezuela dwindled on Monday, with most ships moving oil cargoes only between domestic ports following U.S. action against two more ships and as state-run energy company PDVSA struggles to recover from a cyberattack, according to tracking ...

Commodities trader Glencore and Taiwan's state refiner CPC have ​chartered a tanker each to load Middle Eastern crude for Asia, while vessels in the Gulf are preparing to exit ‌via the Strait of Hormuz,

Kuwait Oil Tankers Company (KOTC) announced job opportunities for Kuwaiti citizens with maritime qualifications and experience to work on