Searched for
STRAIT OF MAGELLAN TRAFFIC INCREASE
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...
- 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...
- 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...
- 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...
- 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...
- Iran says Strait of Hormuz will not reopen until conditions are metIran’s parliament speaker Mohammad Baqer Qalibaf said the Strait of Hormuz will remain closed until the US meets seven conditions agreed un...
- 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 ...
- September LNG shipments through Hormuz hit highest since start of US-Iran warIn September, the number of liquefied natural gas cargoes shipped through the Strait of Hormuz increased significantly. A total of 19 cargo...
- No global oil shortage, supply route disruptions driving crude prices, oil minister saysUnion Minister for Petroleum and Natural Gas Hardeep Singh Puri highlights the current oil supply situation. He states that global oil prod...
- Trump or Iran? One side just may have overplayed their handThe US and Iran remain locked in a high-stakes standoff after Donald Trump rejected Tehran’s latest offer, with Washington betting that tig...
- 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...
- Mediators working to broker US-Iran deal even after Trump rejected latest Tehran proposalMediators are continuing indirect talks with Iran and the United States to broker a deal that would end fighting and reopen the Strait of H...
- The US-Iran war is now squeezing two major shipping routes from Strait of Hormuz to the Red Sea — here’s why global trade could feel the impactThe ongoing US-Iran war is affecting vital maritime chokepoints, specifically the Strait of Hormuz and Bab el-Mandeb Strait. Shipping traff...
- 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 ...
- 'Clearly desperate': US military refutes Iran's claim of seizing underwater drone in Strait of HormuzIran's Islamic Revolutionary Guard Corps claimed to have captured an advanced American unmanned underwater vehicle recently. The US Central...
- Russian crude supplies enabled India to cushion against oil supply shocks caused by West Asian war: Deputy FMRussia has significantly increased oil supply to India in response to disruptions from the conflict in West Asia. Indian imports of Russian...
- Strait of Hormuz open or closed? What are latest standpoints of Iran and Donald Trump's U.S.?Tehran has spent long weeks in discussions with Oman, on the other side of the strait, on how to manage shipping traffic. Its new rush for ...
Load More
