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April 23, 2026
In the past decade, we have seen a rapid series of energy crises around the world, fueled by extreme weather, military conflict and supply chain snarls. The highly interconnected oil and natural gas markets are fragmenting and the transition to a low-carbon economy is accelerating.
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April 22, 2026
Shipping executives at the FT 'Commodities - Global Summit on Wednesday said that Asian ship owners - who have a greater risk tolerance - may soon begin sailing through the Strait of Hormuz, despite a fragile ceasefire between the U.S. and Iran.
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April 20, 2026
These are the top business stories from the New York Times. These?stories have not been?verified' and?the?New York Times cannot vouch for the accuracy of these stories. After two months of war, sales in the Persian Gulf countries have plummeted. Chris Wright, U.S.
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April 17, 2026
Several dozen countries have said they are willing to 'join an international mission for the protection of?shipping along the Strait of Hormuz if conditions allow,' said Britain, at a time when Donald Trump, U.S. president, said he didn’t need any allies’ help.
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April 17, 2026
German Chancellor Friedrich Merz stated 'on Friday' that his country was "prepared" to contribute a mission that would ensure freedom of navigation through the Strait of Hormuz. Merz, along with his counterparts in France, Britain, and Italy…
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April 16, 2026
France and Britain are hosting a meeting of 40 countries on Friday. The purpose is to signal the United States that some of its closest allies will be'ready' to play a part in restoring the freedom of navigation through the Strait of Hormuz, once the conditions permit. Since the beginning of U.S.
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April 16, 2026
The United States could use drones, robots with explosives and helicopters in order to reduce the risks. However, de-mining teams could still be at risk from Iranian attacks. As part of its efforts to stop Iran's shipping disruption, the U.S. wants to clear the Strait of Mines.
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April 16, 2026
After years of warnings by military chiefs that the UK's capabilities were shrinking, the Iran war left Britain's armed services exposed. This put pressure on Keir starmer, Prime Minister, to make good on his promise to invest in defence. After…
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April 16, 2026
The economic newspaper Donya-e-Eqtesad published a report on Thursday that Iran had halted all exports of petrochemicals in order to 'prioritise the domestic supply' and prevent shortages. This was due to the?disrupted production? after Israel attacked several petrochemical centers.
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April 13, 2026
The United States' NATO Allies said Monday that they would not be 'involved' in President Donald Trump’s plan to blockade Strait of Hormuz. This will further escalate tensions within the fragile alliance. Trump claimed that the U.S. After weekend talks failed, the U.S.
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April 12, 2026
On Sunday, a'second flotilla' carrying humanitarian aid to Gazan Palestinians was scheduled to leave the Spanish port Barcelona. The aim is to try and break the Israeli blockade. A spokesperson for the flotilla stated that 39 boats would be leaving the Mediterranean port city.
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April 12, 2026
On Sunday, a second flotilla containing humanitarian aid for Gaza's Palestinians was due to leave the Spanish port of Barcelona in an attempt to break Israel's blockade. Global Sumud Flotilla is expected to include more than 30 boats, laden with medical supplies and other aids.
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April 10, 2026
A British official who was aware of the discussions said that Britain would convene the latest round of talks next week with its allies to discuss a way to open up the Strait of Hormuz for shipping without paying tolls to Iran. The official…
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April 9, 2026
British Prime Minister Keir Starmer met with the?U.S. Donald Trump, the President of the United States, spoke with?Keir Starmer on Thursday about?the necessity of a plan that would restore shipping through Strait of Hormuz as quickly as possible. Downing Street announced a ceasefire with Iran.
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April 9, 2026
Rasmus Errboe, the CEO of the 'Danish offshore wind developer, 'Orsted, said on Thursday the Middle East energy crisis accelerates Europe’s push towards energy independence, which strengthens the case for offshore wind development. Errboe said…
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April 9, 2026
French Foreign Minister Jean Noel Barrot stated on Thursday that the ceasefire agreement between Iran and the United States should also cover military actions in Lebanon. He added that France had condemned Israel's "massive strikes" of Wednesday.
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April 8, 2026
According to LSEG and a shipping source, Glencore, a commodities trading firm, has chartered a Supertanker 'to load Middle Eastern crude oil for Asia. This is likely the first 'oil tanker destined for this route since the ceasefire of the U.S.Iran war.
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April 8, 2026
Hapag-Lloyd expressed cautious optimism on Wednesday about the prospects of resuming shipping in the Strait of Hormuz after a?two-week 'ceasefire' agreed by?the U.S.?and Iran. However, it said that normal traffic across its entire network would not resume for at least six to eight weeks.
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April 1, 2026
Rescue officials and migrants rescue charities reported that the Italian coast?guard had recovered the bodies and rescued 58 surviving migrants from a boat which broke down while trying to 'cross -to Europe? from Libya. A spokesperson for MSF…
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April 1, 2026
Rescue?officials, and migrant rescue charities said that the Italian coast guard recovered 19 bodies and rescued 58 survivors after a boat broke down while trying to reach Europe from Libya. A spokesperson for MSF and the International Organization for Migration said that some of the victims…
