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OIL TRANSIT THROUGH STRAIT OF HORMUZ
EU sanctions Iranians over restricting naval traffic in HormuzThe European Union has imposed sanctions on two Iranian individuals and a unit of the Islamic Revolutionary Guard Corps. This action target...
Oil Price Today (June 8): Crude oil flares up 5% as Israel attacks Iran, Lebanon in latest escalation. What's next?Oil prices surged 5% on Monday after Israel launched fresh strikes on Lebanon, raising fears of renewed Middle East tensions and potential ...
From trickle to torrent: Hormuz reopening may trigger a global oil floodThe reopening of the Strait of Hormuz could trigger a faster-than-expected recovery in global oil supplies. With tankers already positioned...
Oil market likely to return to oversupply after Hormuz reopens: Fitch RatingsGlobal oil markets are set to see a surplus once the Strait of Hormuz reopens. Fitch Ratings predicts this despite current price hikes. The...
West Asia War: Hormuz strait will be open but with transit fees, Iran envoy to Moscow quotedIran and Oman will control passage through the Strait of Hormuz. New conditions, including transit fees, will be implemented. This follows ...
West Asia war: 100 days on, Trump and Iran remain locked in high-stakes showdownTensions between the US and Iran remain high as the conflict approaches 100 days. Both nations are engaged in military actions and diplomat...
Oil Price Today (June 5): Crude oil holds ground as Iran peace deal uncertainty lingers. Where are prices headed?Oil prices held steady on Friday following significant Thursday losses. Hopes for a quick resolution to the U.S.-Israeli conflict with Iran...
More oil escapes Hormuz, keeping traders guessingIran war: Tankers are using stealth to exit the Strait of Hormuz, freeing oil trapped in the Gulf. The practice of ships going dark is wide...
Why Asia's oil lifeline can't survive on US crude aloneAsian nations are receiving more crude oil from the United States. However, these increased shipments cannot fully replace oil lost due to ...
Oil Price Today (June 2): Crude oil at $95 per barrel amid conflicting Iran war signals. What are experts saying?Oil prices held steady Tuesday, following Monday's surge, as global markets weighed U.S.-Iran ceasefire talks and the potential reopening o...
Iran's IRGC says 28 ships passed through Strait of Hormuz in the last 24 hoursIran's IRGC reports 28 ships transited the Strait of Hormuz under its security. The IRGC states the Persian Gulf's insecurity stems from US...
US says it disabled another commercial ship trying to breach blockade and reach IranUS forces have intercepted another ship trying to bypass their blockade of Iranian ports. The Gambia-flagged vessel, Lian Star, ignored war...
Quarter of big oil tankers trapped by Iran war have escapedTwenty-nine of 109 vessels capable of hauling 700,000 barrels or more have crossed the Strait of Hormuz, with many switching off navigation...
Strait of Hormuz ship transits are rising thanks to help from USShipowners are showing increased optimism for traffic through the Strait of Hormuz, with US forces providing navigational advice to vessels...
Bigger proportion of non-Iran ships crossing Hormuz strait: DataThe proportion of vessels not linked to Iranian ownership that are transiting the key Strait of Hormuz has risen, according to data from ma...
Bandar Abbas under attack again? Why the world fears every strike near Bandar Abbas as the renewed Strait of Hormuz crisis deepens the global oil shockThe US has struck Bandar Abbas again. For the second time in less than a week, American forces targeted Iran's most critical southern port ...
US warns ties with Iran’s Strait of Hormuz authority may bring sanctions for 'anyone' involvedAmerica has issued a stern warning to global shipping and finance firms. Cooperation with Iran's new Persian Gulf Strait Authority could in...