The Iran-related conflict and a halt in Qatari production have caused global LNG shipping rates to surge to $300,000 per day and spot LNG prices to double as traders navigate disruptions in the Middle ...

Conflict in the Middle East is already jacking up charges to Australian exporters, highlighting Australia's exposure to supply chain shocks...Read More ...

The cost of shipping crude oil from the Middle East to China surged to the highest level on record, Bloomberg said, as the US-Iran conflict disrupts shipping through the Strait of Hormuz.

Importers and clearing agents operating at the nation’s ports have kicked against the increment in charges by leading French shipping company, CMA CGM, stating that the increment will add to the ...

Shipping rates at ​Yanbu on Saudi ‌Arabia's western Red Sea coast ​more than ​doubled to $28 million per ⁠oil tanker ​as Aramco seeks ​to divert oil from the Strait ​of Hormuz ​to the Red Sea, ...