Iranian gunboats unsuccessfully attempted to intercept a US oil tanker in the Strait of Hormuz on Tuesday before a US Navy vessel intervened, reports say.

China route have surged to their highest level since November as tight vessel supply and lingering U.S.-Iran tensions keep freight markets under pressure.

The United States has imposed sanctions on a fleet of nine ships accused of transporting hundreds of millions of dollars in forbidden Iranian oil to foreign markets

Add Yahoo as a preferred source to see more of our stories on Google. For weeks, headlines have focused on threats of military action as protests spread across Iran. But while fiery rhetoric captures attention, a quieter development at sea may prove far ...

Iran has seized a foreign-registered oil tanker in the Gulf of Oman and detained 18 crew members in the Gulf of Oman on December 12. Iranian judicial authorities claimed that it was carrying 6 million litres of smuggled Diesel fuel. The information was ...