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Oman

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Oil tankers face ‘worst case scenario’ in Hormuz, maritime risk CEO says

Sagar2 months ago04 mins

The security situation in the Strait of Hormuz has returned to a “worse-case scenario” for oil tankers as Iran has repeatedly attacked ships over the past week, the CEO of a maritime risk services firm said. “We see the reduction of the volume of transits through the Strait of Hormuz and right now crews of…

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  • Business

Pipelines around Hormuz won’t end threat Iran poses to Middle East oil

Sagar2 months ago04 mins

Middle East oil producers plan to build new pipelines to reduce their dependence on the Strait of Hormuz, as Iran disrupts the Gulf states’ seaborne crude exports with near daily attacks on tankers. But new pipelines will not end the threat to the region’s energy exports, analysts said. This infrastructure is just as vulnerable to…

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  • Business

U.S. and Iran exchange strikes as Strait of Hormuz standoff escalates

Sagar2 months ago03 mins

This frame grab taken from AFPTV video footage on July 12, 2026 shows cargo ships anchoring near the Strait of Hormuz off the eastern coast of the United Arab Emirates at Khor Fakkan. – | Afp | Getty Images Iran responded to a fresh wave of strikes from U.S. forces by launching an attack on…

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  • Business

Trump threatens to ‘decimate’ Iran if it tries to kill him

Sagar2 months ago04 mins

Donald Trump, President of the United States, speaks during a press conference at the NATO Summit at the Presidential Complex in Ankara, Turkiye, on July 8, 2026. (Photo by Klaudia Radecka/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images President Donald Trump threatened to “decimate and destroy” Iran if Tehran acts on threats to…

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  • Business

Traffic rebounds in Strait of Hormuz but anxiety threatens recovery

Sagar3 months ago05 mins

Oil tankers and cargo vessels are anchored off the coast of Oman after being stranded for days as congestion at Port Sultan Qaboos has prevented them from docking on June 23, 2026 in Muscat, Oman. Elke Scholiers | Getty Images News | Getty Images Shipping traffic is recovering a week after the U.S. and Iran…

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  • Business

IMO pauses Hormuz ship evacuation plan after vessel attack

Sagar3 months ago03 mins

Vessels in the Strait of Hormuz near the beach of Bandar Abbas, Iran, June 11, 2026. Amirhosein Khorgooi/isna | Via Reuters The International Maritime Organization has paused its efforts aimed at evacuating ships and seafarers stranded inside the Middle East Gulf after a vessel was attacked in the Gulf of Oman. The pause follows a…

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  • Business

Iran behind attack on cargo vessel near Oman in Strait of Hormuz

Sagar3 months ago05 mins

A view of commercial cargo vessels and crude oil tankers are anchored in the Gulf of Oman, off the coast of Muscat, Oman, on June 21, 2026, as they prepare to transit through the critical Strait of Hormuz. Shady Alassar | Anadolu | Getty Images Iran was behind an attack on a cargo ship near…

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  • Business

Saudi supertankers cross Strait of Hormuz after Iran deal

Sagar3 months ago03 mins

Three supertankers from Saudi Arabia loaded with 6 million barrels of oil have crossed the Strait of Hormuz, according to data from the global trade intelligence firm Kpler. The Saudi tankers switched their transponders on Thursday in the Gulf of Oman after hiding their location for more than two months. The crossings come after President…

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  • Business

U.S. threatens sanctions and military action against Oman

Sagar4 months ago05 mins

A man views the Rasool al-Adham mosque from the corniche at Sultan Qaboos port in Oman’s capital Muscat on February 5, 2026. Loic Venance | Afp | Getty Images The Trump administration’s threats against Oman, a longtime U.S. ally, have thrown a country known for cultivating a reputation as the “Switzerland of the Middle East”…

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U.S. says it struck two Iran-flagged oil tankers trying to skirt blockade

Sagar4 months ago03 mins

A screengrab from a video released by U.S. Central Command (CENTCOM), which accompanied a press release describing the operation dubbed “Epic Fury”, an attack by the United States and Israel on Iran, shows a flight deck crew member signaling an F‑35 jet on an aircraft carrier, in this image obtained from social media released on…

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  • Xi, Putin and Modi meet at BRICS summit amid Trump pressure
  • Iran and Russia condemn sanctions, urge more BRICS trade
  • AI regulation calls grow in D.C. after researcher’s extinction warning
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  • Election officials ban certain public workers from prediction markets

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