Oil prices surge to six-week highs as Houthi threats in the Red Sea and rising tensions in the Strait of Hormuz fuel fears of global supply disruptions.

Trump says any Iranian strike on shipping in the Strait of Hormuz will trigger a US strike on a bridge or power plant, even ones near Tehran

He said Greece remained committed to working with the United Nations and the European Union to resume negotiation.

The strait carries between 35% and 43% of the world’s seaborne urea and nearly half its traded sulphur, the backbone of the phosphate fertiliser chain.

Climate change and geopolitical shocks form an explosive mix for a Europe already strained by record heatwaves

Port operator plans east coast facility in Fujairah to cut Dubai's reliance on Jebel Ali and reduce exposure to Strait of Hormuz disruptions

UN shipping body says there's no legal basis for the toll as oil prices jump amid fresh Iran tension over the vital waterway

Trump vows to guard the Strait of Hormuz and charge shipping fees, as Iran rejects any US role and allies condemn Tehran's attacks

The Turkish foreign minister acknowledged Iran's 12-nautical-mile territorial waters in the all-important waterway, even as Ankara continues to dispute Greece's right to apply the same UNCLOS provision in the Aegean

Between F-35 sales and CAATSA, to a Hormuz naval coalition and Canada's $12B sub deal, allies show new defense muscle at the Ankara summit

The producer alliance will raise output targets by 188,000 barrels per day as oil exports through the Strait of Hormuz gradually recover, while prices remain under pressure and internal quota disputes persist.

Crude prices dropped for a third day as Washington and Tehran reported progress on Strait of Hormuz talks

Foreign Ministry spokesman Esmaeil Baghaei said Iran is determined to retain control over the strait, while a new round of talks with Qatar on the US deal is expected Wednesday

As EU leaders convene in Brussels, Greece is positioned to play a pivotal role on the budget, the Middle East, and EU enlargement

25 commercial vessels crossed the strategic waterway on Thursday, five times above the early-June daily average, following the US-Iran preliminary agreement