Conflicting traffic figures and competing claims of control are making it increasingly difficult to establish what’s happening in the Strait of Hormuz, even as attacks on merchant shipping intensify. The...

The cost ?of shipping oil on the largest tankers fell this week from record highs as demand eased following a wave of attacks on vessels in the Middle East and as the US considered easing sanctions on the so-called shadow fleet.

The International Energy Agency (IEA) has agreed to accelerate the release of approximately 100 million barrels of emergency oil stocks, including more than 20 million barrels of diesel, as the...