Hormuz Crisis Leaves Lasting Mark on Oil Markets as Demand Slumps, IEA Says
The International Energy Agency has sharply downgraded its outlook for global oil demand, warning that months of conflict centered on the Strait of Hormuz have
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The International Energy Agency has sharply downgraded its outlook for global oil demand, warning that months of conflict centered on the Strait of Hormuz have
Iranian crude oil exports are showing signs of life again after a two-month naval blockade, with several Iranian-linked tankers reappearing on AIS and heading
Two oil tankers heading toward Africa have u-turned in the Indian Ocean this week, switching their destinations to the Middle East as shipowners race to
The Port of Los Angeles handled 840,165 twenty-foot equivalent units (TEUs) in May, marking a 17% increase from the same month last year as importers continued
As Washington and Tehran move toward implementing a memorandum of understanding aimed at ending months of conflict, a newly circulated U.S. military document
The U.S. will allow Iran to immediately begin selling oil and fuel under the memorandum of understanding the two sides reached to end the war, a senior U.S.
Britain on Tuesday imposed sanctions on four liquefied natural gas carriers linked to Russia's Arctic LNG 2 project, becoming the first G7 country to target
Maersk is keeping significant cargo restrictions and emergency surcharges in place across the Persian Gulf, offering the latest sign that commercial shipping
As the reports of a deal between the US and Iran are top headlines, again, shipowners will be looking at the financial implications and alternatives if
The United States military has overseen scores of secretive ship-to-ship oil transfers to keep Gulf energy exports flowing, using aerial and water drones as
The captain of a tanker detained by British authorities during a high-profile operation targeting Russia’s shadow fleet has been charged with violating
In the grey hours before dawn on Sunday, Royal Marine Commandos fast-roped from RAF Chinook helicopters onto the deck of a 244-meter Aframax tanker transiting
Ensuring the Strait of Hormuz is safe from mines could delay a return to normal shipping traffic by weeks following a deal to reopen the waterway, shipping
President Donald Trump said Monday that ships are once again moving out of the Strait of Hormuz along a southern transit corridor established during the recent
A US-Iran deal intended to reopen the Strait of Hormuz within days has been met with caution by shipowners and traders, with many saying they would need more
The European Union has sanctioned the shipping subsidiaries of Russian energy giants Gazprom and Lukoil, broadening its crackdown on Moscow’s oil
Oil markets have reacted with enthusiasm to an interim agreement between US and Iran which should reopen the Strait of Hormuz and restore oil and gas flows
Two merchant vessels were attacked by armed skiffs off Yemen on Sunday in separate incidents reported by UK Maritime Trade Operations (UKMTO), raising fresh
The global shipping industry welcomed news of a U.S.-Iran agreement aimed at ending months of conflict in and around the Strait of Hormuz, but maritime
U.S. and Iranian officials said they had agreed on a framework to end their war, halt the U.S. blockade of Iran and reopen the Strait of Hormuz, a preliminary
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