As Attacks Mount, Shipping Faces an Uncomfortable Question: Are Safety Rules Fit for War?
October has become the worst month on record for attacks on merchant ships in and around the Strait of Hormuz, and oil is now washing onto the beaches of the
October has become the worst month on record for attacks on merchant ships in and around the Strait of Hormuz, and oil is now washing onto the beaches of the
Two new maritime security warnings issued Monday point to continued dangers for commercial shipping in the Middle East, with one tanker confirmed disabled by a
US crude oil exports to Asia are set to hit multi-year lows after the Iran war disrupted global shipping and pushed the cost to lease a tanker for the Pacific
Iran’s Revolutionary Guards claimed Thursday that seven commercial vessels were struck overnight in the Persian Gulf and Strait of Hormuz, including four
Saudi Arabia is in talks with foreign governments to give state-owned Aramco access to their strategic oil storage, as the kingdom seeks to make its supplies
The United States has imposed a new round of sanctions targeting a law firm, shipping agents and nine vessels accused of helping Iran move oil and other
By Julian Lee (Bloomberg) — Oil shipments from the Middle East are showing little sign of buckling in the face of Iran’s more frequent and
The cost of shipping crude oil from the Middle East Gulf to Asia has surged to more than $37 per barrel, over five times prewar levels, as an increasingly
Two more tankers have been struck by unidentified projectiles in separate incidents near the Strait of Hormuz and in the northern Persian Gulf, adding to a
Iran’s Revolutionary Guards claimed Tuesday that a supertanker caught fire after striking a naval mine south of the Strait of Hormuz, adding to a series
Iranian attacks in the Persian Gulf are striking more ships and causing more severe damage than earlier in the conflict, bringing fresh risks to energy flows
DUBAI, Oct 18 (Reuters) – Iran’s offer to the United States to reopen the Strait of Hormuz within seven days is still on the table, Foreign
DUBAI, Oct 17 (Reuters) – Iran’s Revolutionary Guards Navy said on Saturday that two oil tankers had caught fire after hitting naval mines
Conflicting traffic figures and competing claims of control are making it increasingly difficult to establish what’s happening in the Strait of Hormuz,
The International Energy Agency (IEA) has agreed to accelerate the release of approximately 100 million barrels of emergency oil stocks, including more than 20
Iran has managed to export some liquefied petroleum gas and jet fuel since July, despite a US naval blockade, shipping intelligence showed and people
Accelerating crude exports through the Strait of Hormuz aren’t translating into higher production of a dirty shipping fuel, according to a top Vitol Group
U.S. Central Command says the United States and its regional partners control the Strait of Hormuz, citing more than 40 commercial ships moving through the
Shipowners are facing an increasingly fragmented fuel market as disruptions triggered by the Middle East conflict raise concerns about the availability and
U.S. forces destroyed an Iranian-affiliated dhow in the Gulf of Oman on October 6 after determining that the vessel was conducting surveillance and helping
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