Oil, Strait Of Hormuz | featured news

US destroyer collides with oil tanker in Gulf

Collision Between Oil Tanker & U.S. Navy Destroyer

An oil tanker collided with a U.S. Navy destroyer near the Strait of Hormuz on Sunday but no one was hurt and shipping traffic in the waterway, through which 40 percent of the world's seaborne oil exports pass, was not affected, officials said.

 

UAE opens new oil pipeline route

The United Arab Emirates opens and begins operating a key overland pipeline which bypasses the Strait of Hormuz, controlled by Iran. Iran has repeatedly threatened to close the strait at the mouth of the Gulf, a vital oil-trade route.

 

Subscribe to this RSS topic: Syndicate content