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MIDDLE EAST SHIPPING SECURITY
Putin relays Iran's peace stance to Trump: KremlinPutin met Iranian President Masoud Pezeshkian on the sidelines of a summit in Turkmenistan earlier this week, where the Russian leader expr...- Iran's Guards say tanker exploded after hitting mine in Strait of HormuzIran's Revolutionary Guards said on Saturday that an oil tanker had exploded and caught fire after hitting a naval mine while transiting th...
- Brent commands a war premium as Middle East supply risks keep oil on edgeBrent crude is trading above $100 a barrel as geopolitical tensions and supply risks in the Middle East sustain its premium over WTI. For I...
- USS Lincoln returns home to San Diego Bay after its long deployment in Middle EastAfter an unprecedented deployment of over 10 months, the USS Lincoln returned to San Diego Bay recently. Families eagerly awaited the arriv...
- Attack risks rise for tankers as Iran vows to block more Hormuz routesTankers face growing risks of attacks and intimidation while navigating the Strait of Hormuz after Iran warned regional countries against o...
- India shuns costly Russian oil as Middle East flows recoverIndian refiners have decreased their purchases of Russian crude oil for November delivery as prices rise. Competition from China is further...
- Oil rises as Middle East supply concerns persist amid shipping attacksRising oil prices are driven by persistent supply concerns from the Middle East. This month has seen a surge in attacks on shipping in the ...
- 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...
- EIA raises oil price forecasts as Iran war tightens global marketsThe EIA raised its oil price forecasts, citing tight global inventories, limited diesel supplies and ongoing Middle East supply risks. Bren...
- Oil Price Today (October 7): Crude oil rises to $101, up 45% in 3 months. Two reasons behind Wednesday’s surgeBrent futures gained 93 cents, or 0.92%, to $101.51, while US West Texas Intermediate (WTI) crude rose 90 cents, or 1.01%, to $90.30 a barr...
- Ships take long way around as drought snarls Panama CanalThe month of August and September witnessed an impressive 70% rise in maritime traffic transiting the Strait of Magellan. This surge is pri...
- 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. ...
- Global Market: Gulf oil flows rebound to 81% of pre-war levels in SeptemberGulf oil flows excluding Iran recovered to 81% of pre-war levels in September, supported by a sharp rebound in Saudi Arabian exports. Crude...
- Oil prices slip as traders weigh strong Mideast exports against Gulf tensionsOil prices slipped as a result of heightened crude exports from the Middle East, alongside a stockpile release by the G7. Brent crude futur...
- India may be best placed to fill a China-sized hole in fuel exportsIndia could emerge as a key swing supplier of refined fuels as China suspends October exports, helped by recovering Middle Eastern crude im...
- US bombers redeployed to home bases after RAF Fairford terror attack probeThe U.S. Air Force has brought home its bombers stationed at RAF Fairford due to security concerns. An investigation into a potential terro...
- India's crude imports hit 2026 high in September as Gulf supplies surge despite Hormuz risksIndia’s crude oil imports rose to a 2026-high of 5.26 million barrels per day in September as Gulf supplies surged, with Iraq becoming the ...
- Trump weighs fresh Iran strikes as US sends 9,000 more troops to Middle EastThe US military is deploying approximately 9,000 additional troops to the Middle East aboard ships for heightened tensions with Iran. Presi...
- 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...
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