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HORMUZ TANKER DANGER PAY BONUS
Oil tanker captains are being offered over $100,000, plus bonuses, to cross HormuzOil tanker captains are currently receiving extraordinarily high salaries due to increased risks while transiting through the Strait of Hor...- Ambani's Reliance drives India’s Venezuela oil imports to seven-year highIndia is expecting to significantly increase its imports of Venezuelan oil this month due to appealing discounts. Venezuelan crude deliveri...
- 23 Indian seafarers reported safe after Ukrainian drone attack sets fire to oil tanker off Russian coastA Liberian-flagged oil tanker carrying an Indian crew caught fire off Russia's Black Sea coast following a Ukrainian drone attack, with all...
- US EIA lifts Brent forecast to $98 as Iran war tightens global suppliesThe US Energy Information Administration has revised its oil price forecasts for the coming years due to supply issues. Global benchmark Br...
- Middle East oil exports are recovering despite Strait of Hormuz tanker attacks, but the bigger problem is getting crude safely to buyersMiddle Eastern oil exports have significantly recovered as shipping companies navigate a complex transport network. While conventional meth...
- The day the fault lines cracked: October 7’s aftershocks travelled from Israel and Gaza to Iran, Red Sea and $100 oilIt started at the Gaza border. Then came Hezbollah, Houthi attacks, rerouted ships, an Israel-Iran war, American strikes and an oil shock. ...
- Yemen's government declares a major operation against the HouthisYemen's government has launched a military operation against the Iran-backed Houthi rebels near Taiz city. An Israeli airstrike in Gaza kil...
- First time in decades Iraq set to move its oil beyond the Strait of HormuzIraq's Oil Tankers Company has recently arranged for a Very Large Crude Carrier to transport oil. This shipment of 2 million barrels is sig...
- Explainer: Who are the Houthis, Iran's allies in Yemen?Yemen's Saudi-backed government has initiated a military counteroffensive against the Iran-backed Houthis, seeking to recover lost territor...
- 5 Indian nationals rescued after projectile hits tanker in Strait of HormuzFive Indian nationals were safely rescued after the MT Kazimah III was struck by a projectile. The Indian mission in Oman coordinated the r...
- India oil refiners change tactics and hire ships to cross HormuzIndian oil refiners are now hiring tankers to pick up crude oil within the Persian Gulf. This approach helps cut costs and secure supply ch...
- Why is oil at $100 if Trump is winning the battle in Hormuz?The US appears to have gained the upper hand in the battle over the Strait of Hormuz, with allied crude exports recovering to about 80% of ...
- Iran's Revolutionary Guards call Trump a 'big liar'Iran's Revolutionary Guards' spokesperson Hossein Mohebbi accuses Donald Trump of being dishonest about nuclear weapons. Mohebbi emphasizes...
- US, Iran hold separate talks with mediators as push to end seven-month war resumesUS and Iranian officials are participating in renewed efforts to negotiate a ceasefire to end the ongoing conflict. Recently, Iran proposed...
- Qatar-linked LNG traffic through Hormuz strait picks up despite conflictRecent transits of QatarEnergy-linked liquefied natural gas vessels through the Strait of Hormuz have increased. Kpler data indicates that ...
- At UNGA, India launches maritime safety group to protect ships and seafarersIndia and Liberia have joined forces to establish a 'Group of Friends' dedicated to improving the safety of shipping and seafarers. This ti...
- Global Market: VLCC rates hit record as Saudi crude flows jumpSaudi Arabia’s increased crude shipments through the Strait of Hormuz have pushed ship-to-ship transfer operations in the Gulf of Oman to c...
- Gulf nations have found ways to keep oil flowing through the Iran war, but the costs are mountingIran's closure of the Strait of Hormuz initially raised concerns about soaring oil prices impacting the global economy. However, Gulf produ...
- Shipping traffic via Strait of Hormuz stays below 10-day average, data showsOn September 23, three commodity vessels transited the Strait of Hormuz, which is lower than recent averages. A LNG tanker, Al Mafyar, was ...
- US wants to redraw Gulf’s energy map with a $5 billion bet beyond Hormuz: ReportThe United States proposed a $5 billion fund for Middle Eastern energy infrastructure. This initiative aims to reduce reliance on the Strai...
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