August 17, 2026 9:20 AM

Shipping slows through Strait of Hormuz after tanker attacks, data shows

Shipping through the Strait of Hormuz slowed over the weekend, data showed on Monday, following attacks on tankers, while U.S.-Iran talks to resolve the Middle East conflict stalled. Five commodity vessels transited the strait on Saturday, with none registered for Sunday, shiptracking data from Kpler showed, versus 31 in the prior weekend. Ships entering the strait on Saturday included an empty Very Large Crude Carrier with its Automatic Identification System switched off and an Indian-flagged...

June 19, 2026 9:13 AM

Oil falls as supply starts moving through Strait of Hormuz

Oil prices fell on Friday on the prospect of more supply returning to the market after oil tankers began to move through the ​Strait of Hormuz following the signing of the U.S.-Iran interim peace deal. Brent ‌crude futures fell 54 cents, or 0.68%, to $78.31 a barrel as of 0146 GMT. U.S. West Texas Intermediate crude slipped 46 cents, or 0.60%, to $76.14 a barrel. The front-month July contract expires on ​Monday. The more actively traded August contract was at $75.06 a barrel, down ​79 c...

March 5, 2026 5:52 PM

Italy to send aid to Gulf states and Cyprus after Iranian strikes

Italy is planning to send air defence aid to Gulf countries and naval assets to Cyprus after Iranian air strikes, the government said on Thursday, amid concern for the safety of citizens and troops in the region, as well as for energy security. As the U.S.–Iran war entered its sixth day, the conflict has widened beyond Gulf states and into Asia, convulsing global markets and prompting thousands of stranded tourists and residents to try to flee the Middle East. Right-wing Prime Minister Giorg...