Wartime oil prices cause turbulence for flights: When will US feel the pinch?

The closure of the Strait of Hormuz and surging oil prices amid the conflict in Iran are causing turbulence for …

Watch live: Hegseth faces Senate heat over Iran war, Pentagon budget

Defense Secretary Pete Hegseth is back on Capitol Hill on Thursday morning to testify before the Senate Armed Services Committee …

Brent crude oil hits 4-year high on Iran worries

Global oil prices surged to a four-year high overnight before retreating somewhat early Thursday as the Strait of Hormuz remains …

Strait in chaos

Disruption in the Strait of Hormuz has slashed shipping transits and forced long ocean reroutes, but the primary impact on …

Trump says Iran has to ‘cry uncle’ to end Strait of Hormuz standoff

President Trump said Wednesday that in order to end a blockade he imposed in the Strait of Hormuz, Iran would …

Trump discusses extended Strait of Hormuz, Iran blockade with energy executives

President Trump on Tuesday discussed extending the blockade on Iranian ports in the Strait of Hormuz and how to minimize …

Economic pain becomes decisive factor in Iran war endgame

The economic front in the U.S. war against Iran is reaching a crisis point for both sides, as negotiations on …

Trump says Iran wants Strait of Hormuz open

President Trump said Tuesday that Iran told the U.S. that it is collapsing and wants the Strait of Hormuz opened. …

Russian superyacht sails through blockaded Strait of Hormuz

A Russian-flagged superyacht sailed through the Strait of Hormuz over the weekend, one of only a few private vessels to …

Thank You Trump! SYD-NAN-DFW Cancelled

Remember when the Straits of Hormuz were open? Of course, you do not, because it was not something the average …

Rubio appears to rule out new Iran offer to end war

Secretary of State Marco Rubio on Monday poured cold water on a reported proposal by Iran that would end the …

Hormuz closure keeps freight markets elevated

Strait of Hormuz closure is keeping fuel costs elevated, supporting ocean freight rates even during the seasonal demand lull, though …

Hormuz closure exposes Taiwan and Korea’s AI energy trap

These countries make the chips powering the AI era, but the two import most of their energy from a region …

A $500 million Russian superyacht managed to sail through the blockaded Strait of Hormuz

The Nord, a multideck 464-foot pleasure vessel, is one of the few private ships to have made it past the …

Iran has a proposal on the Strait of Hormuz, but it doesn’t address their nuclear program

Iran offers US deal to reopen strait without nuclear deal

Iran has offered the U.S. a deal to open the Strait of Hormuz, a key waterway for the oil industry, …

Jet fuel squeezed as Strait of Hormuz closure continues

Disruption in the Strait of Hormuz could remove around 620,000 barrels per day of jet fuel supply, but the market …

Emirates confident of swift rebound after Middle East disruption

Operations running at about 65 percent capacity, with roughly 13 percent of the network still offline; recovery expected within one …

Chevron CEO: Aviation industry issues will ‘probably get worse’ amid Iran war

Mike Wirth, the CEO of Chevron, predicted Sunday that the aviation industry will continue to suffer from jet fuel shortages …