Asian customers rely heavily on the Strait of Hormuz strategic waterway for crude, LNG and LPG imports

Asian customers rely heavily on the Strait of Hormuz strategic waterway for crude, LNG and LPG imports

Surging oil and gas prices after Strait of Hormuz is effectively blocked could lead to higher inflation while faster wind, solar and e-vehicle expansion shields countries off…

SINGAPORE: Global oil and gas shipping rates soared, with supertanker costs in the Middle East hitting all-time highs, as the US-Iran conflict intensified after Tehran targeted…

Oil prices have soared more than14% this week as tanker traffic through the Strait of Hormuz has ground to a halt. European natural gas has soared more 70%.

Prolonged disruption amid US attacks could spell another energy shock for a region that doubled-down on the wrong source last time, say commentators