Oil tanker movements slowed sharply near the Strait of Hormuz as vessels began steering clear of the key shipping route ahead of a planned U.S. blockade targeting Iranian ports. Shipping data showed two Iranian-linked tankers exiting the Gulf just before the restrictions were due to take effect, while others hesitated or altered course amid rising […]
Tensions escalated sharply as Iran warned it would retaliate against Gulf ports following the U.S. military’s decision to impose a naval blockade on vessels linked to Iranian ports. The move comes after talks failed to secure a lasting ceasefire in the ongoing conflict, raising fears of renewed escalation. Tehran called the blockade illegal and warned […]

