The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.

The loading of the mines - which have not been deployed in the strait - suggests that Tehran may have been serious about ...

Shell CEO Wael Sawan has said the oil and gas major was being “very careful” with its shipping through the Middle East given the escalating conflict between Israel and Iran, Reuters reports ...

Middle East ocean freight rates soar on Iran conflict, Strait of Hormuz shipping risks By Lori Ann LaRocco, CNBC • Published 36 mins ago • Updated 2 mins ago BOOKMARKER ...

That disparity in negotiating power leads to the wider spread in shipping rates at different ends of the freight market. That spread is up from $50 to $1,101 over the past 40 days (May 14 to June ...

TOKYO (Reuters) -Shell CEO Wael Sawan said on Thursday the oil and gas major was being "very careful" with its shipping through the Middle East given the escalating conflict between Israel and Iran.

TOKYO (Reuters) -Shell CEO Wael Sawan said on Thursday the oil and gas major was being "very careful" with its shipping through the Middle East given the escalating conflict between Israel and Iran.