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OIL SHIPPING RATES
India bonds join global rout after Mideast escalation jolts oil higherIndian government bonds declined early Tuesday amid rising oil prices. Fresh Gulf strikes obstructed shipping, causing Brent crude to climb...
China's June oil imports hit near 10-year low amid Iran warChina's crude oil imports significantly dropped in June to a ten-year low. This decline occurred as refinery operations reached their lowes...
Trump’s Hormuz demand implies fee of $30 million per supertankerShipping industry representatives expressed surprise and skepticism regarding the announcement. Iran's foreign minister acknowledged compen...
U.S. military renews strikes on Iran while tankers come under attack in Strait of HormuzUS forces conducted strikes against Iran for a third night. Two tankers faced attacks in the Strait of Hormuz while transiting. President T...
Gold drops to 2-week low as oil surge drives inflation, rate-hike fearsGold prices declined to a two-week low on Tuesday. Oil prices surged due to the U.S.-Iran conflict in the Gulf. Federal Reserve Governor Ch...
Global Market Today: Asian shares trade mixed; Brent climbs past $85Oil prices climbed amid escalating US-Iran tensions and concerns over supply disruptions. Treasury yields rose as traders considered potent...
US to charge 20% on Strait of Hormuz cargo, says Trump; reinstates naval blockade on IranPresident Donald Trump announced the United States is reinstating a naval blockade on Iran. He stated the U.S. will be reimbursed twenty pe...
Trump says US will be 'guardian' of Strait of Hormuz, impose 20% cargo levyPresident Trump announced the United States will guard the Strait of Hormuz. He stated America will act as the waterway's guardian and rece...
Could oil prices spike further? Inside the fragile US-Iran stance in the GulfGeopolitical tensions in the Middle East have escalated after attacks on commercial vessels. Iran's objective appears to be expanding its s...
Wall Street Week Ahead: Investors to grapple with packed week of earnings, CPI, Iran headlinesUpcoming economic data and corporate earnings will test the resilient U.S. stock market. Major banks begin second-quarter earnings season, ...
Hormuz ship insurance demand drops as owners get nervousLondon marine insurers report fewer transit inquiries for the Strait of Hormuz. Shipowners show growing caution as US and Iran exchange att...
India's crude imports remain resilient despite Strait of Hormuz tensionsIndia's crude oil imports are insulated from Hormuz Strait tensions currently. Refiners have successfully diversified their import portfoli...
Persian Gulf tanker backlog clears, but fresh Iran attacks cloud shipping outlookA large backlog of oil tankers in the Persian Gulf has nearly cleared. This occurred after a ceasefire was signed between Iran and the Unit...
Global markets on edge as oil rally revives inflation and rate concerns.Oil prices surged, reigniting concerns about inflation and market volatility. Investors reassessed interest rate expectations after US Pres...
Dollar at week-high after US resumes attacks on IranThe dollar reached its highest weekly level against peers amid renewed U.S. strikes on Iran. Geopolitical tensions escalated, and oil price...
LNG tanker at risk of exploding after two vessels struck near Strait of HormuzThe Al Rekayyat, loaded with liquefied natural gas, sent out distress signals seeking assistance after it was hit on its port side, one of ...
One tycoon makes millions from 'dark' journeys on a dangerous oil route while others feared HormuzAmidst the Persian Gulf war, the UAE secretly navigated its oil exports through the Strait of Hormuz using 'dark' ship transits. Korean shi...