Tanker Markets Break Loose as Physical Barrels Vanish from Global Trade
Surging oil prices in physical markets - the trading place for oil on ships, rail cars or in storage tanks - have outpaced the already dizzying increases in
Surging oil prices in physical markets - the trading place for oil on ships, rail cars or in storage tanks - have outpaced the already dizzying increases in
The UN International Maritime Organization is moving to establish a safe-passage framework for commercial shipping in the Strait of Hormuz, as thousands of
The International Maritime Organization (IMO) has issued a forceful condemnation of attacks on commercial shipping in the Middle East, warning that the
U.S. Energy Secretary Chris Wright and Interior Secretary Doug Burgum moved swiftly to quash speculation that Washington could restrict energy exports, issuing
The World Trade Organization is warning that global trade growth will slow sharply in 2026—and could weaken further if elevated energy prices tied to the
A containership already at the center of one of the deadliest incidents in the Strait of Hormuz crisis may have been struck again, with early reports
The U.S. may soon remove sanctions from Iranian oil that is stranded on tankers to help lift global supplies and reduce prices, U.S. Treasury Secretary Scott
Iranian attacks have knocked out 17% of Qatar's liquefied natural gas (LNG) export capacity, causing an estimated $20 billion in lost annual revenue and
The Drewry World Container Index (WCI) rose 2% this week to $2,172 per 40-foot container, marking a third consecutive weekly increase as strength on
Leaders from the United Kingdom, France, Germany, Italy, the Netherlands, and Japan issued a joint statement Thursday condemning Iran’s recent actions in the
President Donald Trump on Wednesday warned of overwhelming U.S. retaliation against Iran if attacks on Qatar’s energy infrastructure continue, following a
A Qatari complex housing the world’s largest liquefied natural gas export plant suffered “extensive damage” after a missile strike, hours after Iran
The White House has approved a 60-day Jones Act waiver, moving forward with a controversial policy that U.S. shipping interests warned just days ago would do
Iran's huge Pars gas field was hit on Wednesday, a major escalation in the U.S.-Israeli war, prompting Tehran to announce it would respond with attacks on oil
By Captain John Konrad (Opinion) – The Strait of Hormuz is twenty-one miles wide. Two shipping channels, each two miles across, separated by a two-mile
LNG bookings average one per day as Canal positions itself as key alternative for disrupted Middle East energy flows By Lori Ann LaRocco – LNG transits
U.S. President Donald J. Trump on Tuesday suggested the United States could step back from securing the Strait of Hormuz, floating the idea of forcing
The U.S. issued a waiver on Wednesday broadly authorizing U.S. companies to do business with Venezuela's state-run oil company PDVSA, a key step that could
Bunker-buster munitions target coastal threats to commercial shipping U.S. forces have struck Iranian coastal missile sites near the Strait of Hormuz,
The United Arab Emirates may join a U.S.-led effort to protect shipping in the Strait of Hormuz after Iran all but shut the vital waterway to ships as
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