The ship was struck near an Emirati port, in the first such attack in five days. The United Arab Emirates also said it was intercepting Iranian drones and missiles.

Hopes of a quick capitulation by the Iranian regime are dwindling as drones and missiles continue to rain down across the region

The International Energy Agency will hold an extraordinary meeting on Tuesday to discuss a possible release of emergency stockpiles.

A tanker explosion after a crash shut down major roads in Canton Township. Fire crews battled flames while oil spilled across the intersection.

The Justice Department has filed a complaint to legally take ownership of a sanctioned tanker and nearly 2 million barrels of petroleum seized off the coast of Venezuela in December.

A Greek-flagged oil tanker was damaged in a suspected drone attack in the Black Sea while approaching the Russian port of Novorossiysk, authorities said.

A commercial oil tanker was set ablaze in the Strait of Hormuz after it was struck by an Iranian suicide drone, the country’s Islamic Revolutionary Guard Corps said Saturday, with a US Navy mission to safeguard ships through the region possibly still weeks away.

Crude tanker-owner Capital Tankers Corp.’s shares fell in their Oslo debut on Tuesday, as the closure of the Strait of Hormuz has disrupted global oil transit and markets.

Hong Kong-flagged tanker allegedly delivered 190,000 barrels of Russian oil to Cuba using AIS spoofing and ship-to-ship transfers to evade U.S. sanctions.