In the wake of the 12-day US-Israel and Iran war a year ago, Siemens Energy AG sent a person driving from Saudi Arabia’s Red Sea port of Jeddah across the Arabian p…

Roughly 7 million barrels of daily oil shipments are flowing through the Strait of Hormuz, said U.S. Energy Secretary Chris Wright. Read on.

A United States-Iran deal intended to reopen the Strait of Hormuz within days has been met with caution by shipowners and traders. Read here

In the wake of the 12-day US-Israel and Iran war a year ago, Siemens Energy AG sent a person driving from Saudi Arabia’s Red Sea port of Jeddah across the Arabian p…

A year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of Hormuz closures. Recent conflict forced…