Business Oil Chokepoints Under Threat .. Shipping Costs Surge Amid Middle East Tensions The waters surrounding the Arabian Peninsula, a critical artery for global trade, are becoming increasingly perilous for commercial shipping. ..
Business Strait of Hormuz Risks Loom Over Oil Prices Amid U.S.-Iran Standoff U.S. crude oil futures are holding steady near five-month highs as geopolitical tensions in the Middle East continue to ..