Gulf Oil Giants Are Spending Billions to Build Ways Around Strait of Hormuz
Covered by 13 sources
- Irish Examiner World·6h agoIran claims Qatar holding pilots as UAE says ship attacked in Strait of Hormuz
Iran has claimed Qatar is holding three of its pilots who have been missing since March.According to the Missing Persons Committee of Iran’s Armed
Read at Irish Examiner World → - National Post·7h agoIran, Oman hone in on Hormuz Strait deal as ship attacks mount
The finalization of a “shipping map” forms part of a broader accord to govern traffic through the strait
Read at National Post → - Economic Times·18h agoOil inches toward $90 on tanker attacks, lack of progress in Iran war peace deal
Crude oil futures experienced an upward trend on Friday due to disruptions from tanker attacks and the stagnation of peace talks. Brent crude closed at $88.52 a barrel while WTI crude settled at $82.40. Attacks within the Strait of Hormuz and disruptions at a Russian port led to…
Read at Economic Times → - NDTV World·1d agoUAE Says One Of Its Oil Vessels Came Under Attack While Transiting Hormuz
UAE's Abu Dhabi National Oil Company said on Saturday that one of its vessels came under attack while transiting the Strait of Hormuz a day earlier, the Emirati state news agency WAM reported.
Read at NDTV World → - CBS News Top·1d agoHormuz chaos highlights risks for other global trade chokepoints
The war in Iran has underscored how disruptions to a key shipping route thousands of miles away can have a material impact on American consumers.
Read at CBS News Top → - CBC Top Stories·1d agoCanada announces new sanctions on Iranian officials over Strait of Hormuz
Canada has announced new sanctions against five senior Iranian officials, accusing them of being involved in activities obstructing navigation rights in the Strait of Hormuz.
Read at CBC Top Stories → - Bloomberg Markets·2d agoLatest Oil Market News and Analysis for Aug. 14
Oil held a decline as tankers laden with crude continued to exit the Persian Gulf, despite persistant threats and limited progress on a deal between Iran and Oman to reopen the Strait of Hormuz.
Read at Bloomberg Markets → - NDTV Top Stories·2d agoUAE Says 2 Oil Vessels Hit By Iran In Strait Of Hormuz
Abu Dhabi National Oil Company said two of its vessels were attacked while transiting the Strait of Hormuz on Thursday evening, with no injuries reported, as the United Arab Emirates accused Iran of carrying out the attack.
Read at NDTV Top Stories → - Geo Ent PK·2d agoIran calls for compensation after Hormuz oil spill
This representational image shows tankers sail in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, in United Arab Emirates, March 11, 2026. — Reuters Iran warns of environmental degradation in
Read at Geo Ent PK → - Deccan Chronicle Ent·2d agoIran Calls For Environmental Safeguards For Strait of Hormuz
Iran has expressed concern over videos showing oil pollution along the shores of Qeshm Island.
Read at Deccan Chronicle Ent → - DW News EN·2d agoGulf states scramble for Strait of Hormuz alternative
Saudi Arabia has redirected oil exports away from the Strait of Hormuz, but most Gulf producers still lack a reliable backup option to the world's most important energy choke point.
Read at DW News EN → - NYT Business·3d agoGulf Oil Giants Are Spending Billions to Build Ways Around Strait of Hormuz
Even if a cease-fire materializes, Gulf exporters recognize that relying strictly on the Strait of Hormuz is a risk they can no longer take.
Read at NYT Business →
