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Bousso: The calm on the oil market in ROI hides many unknowns

Posted to Maritime Reporter on June 8, 2026

The largest oil supply shock since decades is now in its fourth month. There's no end in sight, as neither the U.S. or Iran appear willing to compromise. Yet the market remains surprising calm. This disconnect is a reflection of an uncomfortable…

Bousso: The calm on the oil market in ROI hides many unknowns

Posted to Maritime Reporter on June 8, 2026

The market is surprisingly calm despite the biggest oil supply shock since decades. There's no end in sight, as neither Iran nor the U.S. are willing to compromise. This disconnect is a reflection of an uncomfortable truth: The biggest drivers in today's energy markets are unknowns.

Bousso: The calm on the oil market in ROI hides many unknowns

Posted to Maritime Reporter on June 8, 2026

The largest oil supply shock since decades is now in its fourth month. There's no end in sight, as neither the U.S. or Iran seem willing to compromise. Yet the market has settled into a eerie calm. This disconnect is a reflection of an uncomfortable…

Bousso: The clock on the oil market is ticking, as a supply crunch looms.

Posted to Maritime Reporter on May 21, 2026

Oil industry resilience has been remarkable in the face the biggest energy supply shock of modern history. They have pulled multiple levers in order to cushion the impact of the Iran War. The global market may be months away from breaking point if peace talks fail to produce a breakthrough.

Bousso: The petrodollar is put to the test by opaque oil deals around Hormuz

Posted to Maritime Reporter on May 18, 2026

The U.S.-dominated global oil trade system is under pressure from the Iran War and the closing of the Strait of Hormuz. Governments in major consumers nations are turning to opaque deals with Gulf producers and Tehran to secure their?supplies.

Bousso: The petrodollar is put to the test by opaque oil deals around Hormuz

Posted to Maritime Reporter on May 18, 2026

The U.S.-dominated global oil trade system is under pressure from the Iran War and the closing of the Strait of Hormuz as governments in major consumer nations make increasingly opaque deals to secure supplies with Gulf and Tehran producers.

Report: South Korea checks whether vessel with Korean flag struck in Hormuz.

Posted to Maritime Reporter on May 4, 2026

Yonhap News reported on Monday that South Korea was verifying information indicating a vessel flying the flag of South Korea had been attacked in Strait of Hormuz. A spokesperson from South 'Korean shipper HMM said that a fire broke out in the engine room of one its bulk carriers…

Bousso

Posted to Maritime Reporter on 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.

Official: UK will convene further talks on Strait of Hormuz Strait next week

Posted to Maritime Reporter on 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…

Shipping CEO: About 10% of the global container fleet is caught up in Hormuz backlog

Posted to Maritime Reporter on March 2, 2026

Jeremy Nixon (CEO of Ocean Network Express) said that container ships accounted for about 100 of the 750 ships backed up around 'the Strait of Hormuz after U.S. Nixon told a container shipping conference in Long Beach California that "about…

Pentagon: US forces seize a third sanctioned oil-tanker

Posted to Maritime Reporter on February 24, 2026

The Pentagon announced a?on?Tuesday that U.S. forces had captured an oil?tanker sanctioned in the Indian Ocean, after tracking it from Caribbean waters. It was the third such?interdiction. The U.S. Department of Defense announced in a post to X that its forces had boarded Bertha over night.

Sources: Sellers cancel Yulong oil refinery deals after UK sanctions

Posted to Maritime Reporter on October 23, 2025

Multiple sources said that several suppliers had cancelled sales to Yulong Petrochemical of Middle Eastern oil and Canadian crude after the UK imposed its sanctions. This is likely to force the refiner to purchase more Russian crude. The refiner is China's latest with a daily capacity of 400…

France will face another difficult wheat export year, despite a better crop

Posted to Maritime Reporter on July 18, 2025

France may struggle to sell the much larger wheat crop it expects to produce this year, as its export options have been reduced due to a decrease in demand from Algeria and China. Also, Black Sea grain is cheaper. France could stockpile large amounts of wheat…

UN representative to Yemen says the threat of Houthi to Red Sea shipping has grown.

Posted to Maritime Reporter on July 23, 2024

Hans Grundberg, the U.N.'s Special Envoy for Yemen, told the U.N. Security Council that recent developments in the Red Sea suggest the threat of international shipping by Yemen's Houthis has grown. Grundberg, in a briefing about the situation…

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