Oil steadied after rallying around 10% since Israel started its attacks on Iran last week, as speculation the US may join the conflict stoked concerns about supply disruptions in the Middle East.

Oil steadied after rallying around 10% since Israel started its attacks on Iran last week, as speculation the US may join the conflict stoked concerns about supply disruptions in the Middle East.

As of the midday close, most domestic base metals rose, with SHFE nickel down 0.5%. SHFE copper rose 0.15%, SHFE aluminum rose 1.42%. SHFE zinc rose 0.87%, SHFE tin rose 0.13%. SHFE lead fell 0.71%.

Somaliland offers a stable base near Red Sea chokepoints amid rising tensions with Iran and China’s influence in Djibouti.

Two oil tankers collided and caught fire near the Strait of Hormuz Wednesday night. Electronic interference was reported in the region.

As the conflict escalates, container shipping faces growing risks from a potential chokepoint closure, rising insurance costs ...

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The Gulf region faces rising concerns over ship jamming, affecting navigation and safety. Fake signals show oil tankers in improbable locations, complicating maritime activities. As geopolitical ...

Brent crude spiked over 2.5% on Tuesday after Israel launched an airstrike on Iran’s underground uranium enrichment facility at Natanz ...

Two oil tankers caught fire off the coast of the United Arab Emirates in a dramatic incident that has once again brought ...

Shipowner Frontline said the incident near the Strait of Hormuz was due to navigational issues and not related to the current ...

The Foundation for Defense of Democracies, in a policy briefing published Monday, stated: “US forces in the Middle East are ...