The U.S.’ latest attacks may raise gas prices at the pumps, but Trump’s military operations have already helped boost shipping billionaire fortunes by $45 billion and counting.

By Yousef Saba, Jaidaa Taha and Jonathan Saul DUBAI/LONDON, March 1 (Reuters) - At least three tankers were damaged off the Gulf coast and one seafarer was killed as Iranian retaliation for U.S. and Israeli strikes on Iran exposed ships to collateral damage,

Three ships were reportedly attacked near the mouth of the Persian Gulf, deepening disruption that’s led to tankers avoiding transit through the Strait of Hormuz, the world’s most important shipping chokepoint for oil and gas.

Iran seized a Cyprus-registered fuel tanker Friday, its first such interdiction in the Strait of Hormuz in more than a year. The seizure of the tanker Talara, which was carrying diesel fuel from the United Arab Emirates to Singapore, comes amid a still ...

By Jonathan Saul, Emily Chow and Jeslyn Lerh LONDON/SINGAPORE, March 2 (Reuters) - Insurance companies are cancelling war risk coverage for vessels in the Middle East Gulf as the widening Iran conflict disrupts shipping,

A tanker believed to be carrying Russian oil to fuel-starved Cuba diverted away, a move that’s likely to worsen shortages on the Caribbean island.

DUBAI, United Arab Emirates (AP) — A fire that erupted on a Cameroonian-flagged gas tanker traveling through the Gulf of Aden killed two mariners on board, authorities said Monday, as the ship remained adrift off the coast of Yemen. The blaze aboard the ...

Russian oil tanker allegedly bound for Cuba engaged in deceptive shipping practices including signal manipulation and offshore cargo transfer, according to maritime intelligence firm Windward.