Middle East3 weeks agoUS strikes on Iran jolt global markets as oil surges and investors turn cautiousRenewed military tensions between the United States and Iran unsettled global financial markets on Wednesday, sending oil prices sharply higher,…
Middle East1 month ago80 Million Barrels of Crude Are Lined Up to Exit the Strait of HormuzTankers carrying a total of 80 million barrels of crude are preparing to move through the Strait of Hormuz after…
Middle East1 month agoThree Saudi oil tankers transit Strait of Hormuz following U.S.-Iran accordThree Saudi-flagged supertankers carrying around six million barrels of crude oil transited the Strait of Hormuz on Thursday, according to…
Middle East2 months agoAnalysts Tell OPEC+ Hormuz Disruption Will Last Through Year EndOil industry experts have told OPEC+ that supply disruption caused by the closure of the Strait of Hormuz will persist…
North America2 months agoChevron CEO Confirms Multiple Vessels Were Attacked in the Strait of Hormuz This WeekMultiple vessels transiting the Strait of Hormuz have suffered attacks this week, Chevron Corp. Chief Executive Officer Mike Wirth revealed…
Middle East2 months agoFirst Two LNG Carriers and a Supertanker Cross the Hormuz Since the Conflict BeganTwo liquefied natural gas carriers and a supertanker have traversed the Strait of Hormuz over the past couple of days,…
Europe2 months agoEurope’s Gas Storage Levels Cannot Withstand Another Three Months of Hormuz DisruptionEurope risks a major gas storage shortfall if disruptions through the Strait of Hormuz continue for another 1–3 months, with…
Middle East3 months agoOil Tankers Go Dark to Exit the Strait of HormuzThree supertankers laden with crude oil successfully exited the Strait of Hormuz last week, carrying Iraqi and Emirati oil, Reuters…
Middle East3 months agoOil prices flat as Trump’s plan for Strait of Hormuz fails to calm marketBrent crude is largely unmoved by Trump’s announcement of the operation, dubbed ‘Project Freedom’. Oil prices have failed to ease…
Middle East3 months agoAll the alternative routes for Middle East oil and gas to bypass the Strait of HormuzThe U.S.-Israeli war with Iran has disrupted shipping through the Strait of Hormuz, with only three vessels passing the waterway…
