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IRGC Navy says it hit third supertanker in Strait of HormuzThe Islamic Revolutionary Guard Corps Navy struck a supertanker in the Strait of Hormuz for non-compliance. Two Indian nationals remain mis...- NSA Ajit Doval speaks to Iranian counterpart Rezaei on latest regional developmentsAjit Doval, the National Security Adviser of India, spoke with Dr. Mohsen Rezaei from Iran. They discussed various regional and internation...
- US-China supertanker freight cost eases from record, data showsFreight rates for shipping US crude oil to China have recently eased after reaching record levels. The rate dropped to $634,974 per day, a ...
- 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...
- 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...
- 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 ...
- Oman plans to boost oil storage capacityOman is planning to double its oil storage capabilities at Duqm port. This initiative aims to attract energy producers looking for alternat...
- 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...
- Iran's actions risk 'global economic instability', says G7; warns West Asia conflict may escalateThe G7 warned that Iran's actions risk further escalating the West Asia conflict, undermining international trade and creating global econo...
- Oil Price Today (September 22): Crude oil snaps 4-day fall, hovers near $101 on potential US-Iran talk. What’s next?Brent crude futures for November rose 74 cents, or 0.75%, to $101 a barrel. US West Texas Intermediate (WTI) crude for October, which expir...
- Oil rises slightly ahead of potential US-Iran talksOil prices saw a slight increase as markets stabilized after recent declines. Investors are closely watching potential United States-Iran t...
- World running short of supertankers threatens long-haul oil flowA shortage of supertankers, driven by the US-Iran conflict and a South Korean tycoon's big shipping bet, has pushed freight costs to record...
- Oil tanker rates hit record highs following Iran, US shipping attacksOil shipping rates from the Gulf of Oman to China have reached record highs this week. This surge follows recent attacks on shipping and mi...
- "Strait of Hormuz is effectively blocked": Foreign expert Robinder Sachdev on US-Iran "tit-for-tat" phaseThe Strait of Hormuz faces sporadic tit-for-tat strikes between the United States and Iran. American forces struck Iranian targets after Ir...
- Saudi Arabia says Iran attacked vessel in Hormuz, killing two sailorsSaudi Arabia reported an Iranian attack on a national oil tanker. This incident tragically killed two Filipino seafarers on Monday. The sup...
- Iran defiant as Scott Bessent says US likely to announce bank sanctions this weekWashington plans to announce bank sanctions against Iran this week. Oil prices increased after direct attacks and tanker incidents. Iran wa...
- Oil up more than 2% as renewed US-Iran strikes stoke supply fearsOil prices surged as hostilities reignited between the United States and Iran. This escalation raised alarms over possible supply interrupt...
- Two tankers carrying Saudi oil attacked in Strait of HormuzTwo supertankers carrying Saudi crude were struck by unknown projectiles within minutes of each other while exiting the Strait of Hormuz, s...
- Iran's Revolutionary Guards say supertanker struck by mines in Strait of HormuzA supertanker caught fire after being struck by two naval mines in the Strait of Hormuz. Iran's Revolutionary Guards reported the incident,...
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