The narrow Hormuz waterway funnels almost 20 percent of global crude oil, so even a single-day blockade rattles the oil ...

If it chooses to target oil in its retaliation against the US strikes, Iran’s coastline onto Hormuz gives Tehran an array of options, from lower-impact harassing of ships in the region, to the more ...

Saudi Arabia and other oil states are rushing to load tankers in case the Israel-Iran fighting spreads to export ...

Iran has ramped up crude oil exports and filled its Kharg Island storage to avoid missile strikes amid escalating tensions ...

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A collision between two oil tankers just east of the world’s most critical oil choke point, the Strait of Hormuz, could bring about a potential environmental disaster, Greenpeace said on Thursday.The ...

The cargo purchases matter because they could just as easily have been sent tankers to Europe, helping to determine the world’s most important physical oil price ... West Texas Intermediate – Midland, ...

Evangelos Pistiolis-led TOP Ships has disclosed plans to proceed with a spin-off, nearly two years after initially announcing the potential move In a disclosure on 4 June, the US-listed tanker owner ...

At Nor-Shipping 2025, classification society DNV has granted approval to South Korean shipbuilder HD Hyundai Mipo for a second-generation LR2 tanker design that offers bunker fuel savings. Developed ...

ATHENS, Greece, June 05, 2025 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company” or “TOP Ships”) (NYSE American:TOPS), an international owner and operator of modern, fuel-efficient “ECO ...

The contract for one firm well plus one option well in Papua New Guinea was awarded to the 2014-built Noble Viking. The contract is expected to begin in the fourth quarter of 2025 in direct ...