Oil Prices Hit Two-week High as Iran Talks Stall and Strait Shipments Lag
NEW YORK, April 27 (Reuters) – Oil prices climbed about 2% to a two-week high on Monday as peace talks between the U.S. and Iran
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NEW YORK, April 27 (Reuters) – Oil prices climbed about 2% to a two-week high on Monday as peace talks between the U.S. and Iran
The Strait of Hormuz remains effectively shut to international shipping as the double blow of Iranian and US blockades leaves the key energy corridor largely
Fresh concerns over a widening resurgence in Somali piracy intensified over the weekend after the United Kingdom Maritime Trade Operations reported
Two Iran-linked oil tankers that US forces interdicted near Sri Lanka last week are now sailing west. US forces carried out “maritime interdiction and
At least seven ships - mainly dry bulk vessels - have crossed the Strait of Hormuz in the past 24 hours, in line with muted activity in recent
By Weilun Soon Apr 26, 2026 (Bloomberg) –In early April — after a month of disruption around one of the world’s most important energy
By Saurabh Sharma NEW DELHI, April 24 (Reuters) – Ankit Yadav, a seafarer from India, has been stuck on a boat at an inland Iranian port for
By Prejula Prem and Julian Lee Apr 25, 2026 (Bloomberg) –The Strait of Hormuz remains largely empty of merchant ships, with only a few Tehran-linked
Panama Canal authorities are trying to debunk the misconception that auction slots are a free pass to cut the
Defense Secretary Pete Hegseth on Friday publicly reinforced that mines remain a central obstacle to restoring confidence in the Strait of Hormuz. In a
The Trump administration on Friday escalated its “Economic Fury” campaign against Tehran, targeting one of China’s largest independent refineries
President Donald Trump’s administration has given a 90-day extension to a shipping waiver making it easier to move oil, fuel and fertilizer around the US,
The International Maritime Organization convenes its 84th Marine Environment Protection Committee session in London next week under the shadow of last
Container freight spot rates on the Asia-Europe trades largely returned to pre-Iran conflict levels this week, as container supply chains settled after the
New academic research suggests reconstruction emissions from Gaza could rival weeks of global shipping emissions, raising questions about carbon
Washington’s headline-grabbing maritime insurance backstop for the Strait of Hormuz appears stuck on the launchpad. Comments this week from Chubb Chairman
European Union countries agreed on Friday to keep pushing for a global price on shipping's CO2 emissions in U.N. talks next week, setting up another potential
The Panama Canal is pushing back against renewed concerns over congestion, telling the maritime industry it is handling rising traffic volumes efficiently even
Iran's use of a swarm of small, fast boats to seize two container ships near the Strait of Hormuz could undermine suggestions U.S. forces have disabled its
The Trump administration is preparing to extend its controversial Jones Act waiver for up to 90 days, a move that would deepen an already contentious policy
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