Jet and diesel prices seize up as Iran-linked Houthis in Yemen block Red Sea shipping route amid peak summer travel demand.

Houthi threats, Iranian strikes and a Hormuz standstill send oil surging as the US-Iran conflict enters its 10th day.

Even a brief closure of the Bab al-Mandeb Strait in the Red Sea, now a crucial alternative supply route, will significantly exacerbate the oil deficit.

Shipping disruptions are emerging in key Middle East oil transit routes. Concerns are rising as vessels alter voyages due to security risks. The Strait of Hormuz and Red Sea are…

War-risk insurance premiums have surged by as much as 1,000% as tensions across the Strait of Hormuz and the Red Sea disrupt shipping. Fresh Houthi attacks and the US-Iran…