President Donald Trump said on Tuesday that Washington and Tehran were moving towards a settlement, while a senior Iranian official said Tehran could reopen the Strait of Hormuz within days if the US eased military pressure and lifted its blockade…
France has started drafting a UN Security Council resolution in coordination with the United States on setting up an international mission to restore movement in the Strait of Hormuz, diplomats said on Tuesday.Paris has unsuccessfully attempted in the past to…
Russia's share in India's oil imports fell in August, while supplies from the Middle East increased as Abu Dhabi National Oil Company (ADNOC) sold oil from the region from outside the Strait of Hormuz, data from trade sources showed.United Arab…
Russia's Arctic port of Murmansk will use equipment typically used to load fertiliser when it ships its first grain from southern Russia for export as early as next month, as the Black Sea route remains closed due to Ukrainian drone…
Ukraine is reporting a new milestone in its campaign, launched during the summer, targeting Russian shipping on the Sea of Azov and the Black Sea. Both Ukraine and Russia accelerated their attacks this year on commercial shipping, greatly reducing movement…
Saudi Arabia on Tuesday denied an Iraqi claim that it had bought 25 oil tankers, saying the information was inaccurate, after Iraq linked the alleged purchases to a sharp increase in the cost of shipping its crude.Iraqi Oil Minister Basim…
