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September 22, 2026
Diplomats confirmed on Tuesday that France had begun drafting a resolution for the UN Security Council in coordination with United States?to establish an international mission in order to restore movement through?the Strait of Hormuz. Paris had?unsuccessfully?
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September 15, 2026
A truce on energy infrastructure that President Donald Trump negotiated between Russia and Ukraine may reduce one of the most immediate threats to the global diesel market. It is unlikely that it will reverse the severe supply shortage that has developed this year.
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September 9, 2026
How much oil flows through the Strait of Hormuz each day? All traders, energy executives, and government officials try to solve the mystery but come up with wildly divergent conclusions. This mystery is causing crude oil prices to be inflated…
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September 9, 2026
How much oil flows through the Strait of Hormuz each day? All are trying to solve the mystery, but they're coming up with wildly divergent conclusions. However, it is becoming increasingly apparent that this mystery could have introduced a residual premium to crude prices…
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September 2, 2026
According to trade data reviewed by, European gasoline refinery profits surpassed $62 per barrel on Wednesday. Fuel supplies are being squeezed due to conflicts in the Middle East, Ukraine and elsewhere. Eurobob E5 barges of physical gasoline were trading at a price premium of approximately $62…
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August 28, 2026
The U.S. president Donald Trump initially said that the Iran war would only last for four to five weeks. But we are now approaching the six-month mark. The financial markets' resilience in the face of what was thought to be an impending doomsday…
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August 24, 2026
The U.S. has operated its refineries at near-maximum capacity for over a quarter of a century. Refineries are scrambling to take advantage of the windfall profits created by the Iran War. History offers a warning: "Super-refining" runs can lead to major plant failures. This has global consequences.
Posted to Maritime Reporter
on
August 24, 2026
The U.S. has operated its refineries at near-maximum capacity for over a quarter of a century. Refineries are scrambling to take advantage of the windfall profits generated by the Iran War. History offers a warning: "Super-refining" runs can lead to major plant failures.
Posted to Maritime Reporter
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August 15, 2026
Russia dismissed the idea of a truce with Ukraine at?the Black Sea on Friday, saying that it did not see any grounds for "half measures" which would?offer a respite to the opposing side. In recent weeks, both?Russia? and Ukraine increased their attacks on commercial ships in Black Sea.
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August 11, 2026
United Kingdom Maritime Trade Operations said on 'Tuesday' that it received a report about an incident involving a tanker ship and military forces, in the Gulf of Oman. This was after the vessel type had been changed from a tanker ship to a containership.
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August 2, 2026
Shipping data showed that on Monday, two tankers carrying Saudi oil traversed the Bab el-Mandeb strait, while traffic in the Strait of Hormuz slowed after reports of vessel attacks. Kpler data revealed that the number of?commodity vessels passing…
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July 30, 2026
Sources with direct knowledge of the matter say that two tankers carrying Saudi oil for Indian refiners sailed "dark" through the Bab el-Mandeb Strait after Yemen's Iran-aligned Houthis declared a blockade against Saudi shipments. Two tankers…
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July 29, 2026
Ambrey, a maritime security company, said that a 'drone' reportedly impacted a U.S. owned gas storage tanker in Egypt’s mediterranean port of Damietta on Wednesday. The firm cited an initial assessment. Inchcape, a port services company, said…
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July 20, 2026
Warning signs are flashing in the global oil refinery industry. As conflicts in the Middle East, Russia and other energy markets ripple across the globe, the supply chain of products that fuel the global economy is increasingly stressed. Benchmark…
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July 13, 2026
The United Arab Emirates Ministry of Defence announced on Tuesday that one Indian crew member died and eight other?were injured when two Emirati oil tankers were hit by Iranian cruise missiles in?the Strait of Hormuz. This was the latest escalation of the strategic waterway.
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July 13, 2026
A crew member from India is still missing after a container?ship flying the Cyprus flag was struck in the Strait of?Hormuz Sunday?and a?search?operation?is under way to find him. Cyprus' Deputy Ministry of Shipping announced on Monday. Authorities…
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July 5, 2026
'Qatar announced on 'Sunday, that maritime activities will re-start with 'immediate effect. The advisory of June 29th had called for?the suspension of fishing and sailing boats until further notice. Commercial shipping, however, was exempted.
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July 10, 2026
Following Tehran's renewed?attacks against oil tankers in Strait of Hormuz?, the?Treasury Department announced that new sanctions were issued by the United States on Friday. They targeted a key financier of Iran's new president Mojtaba Khmenei, as well as?13 individuals and entities.
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July 9, 2026
Some clever people have come up with acronyms based on Mexican food to describe the disruptive and unprecedented U.S. presidential presidency of Donald Trump. TACO - Trump Always Chickens out - is an acronym that reflects the U.S. president's tendency to escalate a situation…
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July 3, 2026
Eneos Holdings' chief financial officer said that the Iran War had disrupted Middle Eastern oil supplies. The company has stabilised its oil procurement, and is able to secure alternative crude supply through September. "We are confident about…
