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September 29, 2026
French President Emmanuel Macron announced on Thursday that France would send troops and defense systems to Saudi Arabia in order to help 'protect the Red Sea Port City of YANBU, which is crucial for energy transportation. Macron said that a US diesel export ban…
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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 17, 2026
The oil prices in Asian trade eased on Thursday. They extended losses due to reports that Saudi Arabia was 'offering additional crude cargoes via Oman. This reduced fears of disruptions of supply. However, they remained?above 100? on concerns over the Middle East conflict spreading.
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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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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.
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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 10, 2026
Danish shipping group Maersk announced 'on Monday that another container service within its Gemini network, with Germany's Hapag-Lloyd, will resume sailing in the Red Sea and Suez Canal as part of a gradual return to this area. Most shippers…
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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 31, 2026
The oil price?fell Friday, but remained on course for a 5% monthly increase, as more'supplies' flowed into key maritime chokepoints. This was despite the?absence of any major breakthroughs in the talks between Iran and the United States. Brent…
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July 22, 2026
CMA CGM will impose a 'fuel surcharge for emergency situations' following the re-escalation of terrorism in the Strait of Hormuz, the French shipping company announced in an announcement posted on its website. Fuel prices have risen sharply…
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July 21, 2026
Tuesday, oil prices rose by 2% to a five week high. This was due to fears that the Middle East could be hit with more energy disruptions as a result of increased attacks between the U.S. Brent futures climbed $2.12 or 2.4% to $91.34 per barrel at 10:53 am EDT (1453 GMT). U.S.
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July 17, 2026
U.S. The U.S. Ambassador to Italy Tilman Ferritta arrived on his superyacht in the lagoon of Venice, attracting protests against the policies of President Donald Trump and increased security. Fertitta is a 'billionaire entrepreneur' appointed by Trump.
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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
The 'U.S. government has agreed to allow Germany to acquire 'Tomahawk?cruise missiles?and station them on German territory, Chancellor Friedrich Merz told lawmakers in Berlin on Thursday. The German government will acquire Tomahawk cruise missiles and station them in Germany…
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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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June 28, 2026
CMA CGM said that its Galapagos container ship left the 'Strait of Hormuz' on Sunday. Washington and Tehran both accuse the other of violating the agreement. The ship's captain declined to comment on the circumstances of the vessel's departure from the strait.
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June 18, 2026
These are the 'top stories' on the?business pages of The New York Times. These stories have not been?verified? and we cannot vouch for the accuracy of these reports. Vincent Clerc said that any deal allowing Iran to charge fees for the Strait…
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June 11, 2026
India's shipping ministry announced that it had?ordered all its agencies to be prepared for any occurrence involving Indian seafarers, or maritime interests. This follows three U.S. attacks this week on Indian-crewed tankers, one of which resulted in the death of three sailors.
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June 8, 2026
The European Union announced on Monday that it had imposed sanctions?on two Iranians and a unit of 'Islamic Revolutionary.Guard.Corps, for threatening?freedom of maritime traffic?in the Strait of Hormuz. Around a fifth of world oil passes through the Strait of Hormuz.
