Posted to Maritime Reporter
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February 24, 2026
A major military conflict between the U.S., Iran and other Middle Eastern countries could cause a disruption of oil supplies in the region. It could be that the vast oil reserves held by both the U.S.A. and China are crucial in controlling it.
Posted to Maritime Reporter
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February 24, 2026
Antonio Costa, the President of the European Council on Monday, urged Hungarian Prime Minister Viktor Orban 'to honour a 'deal for a 90-billion euro loan ($106.11billion) to Ukraine. Budapest had said that it would 'block the plan unless Russian…
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March 13, 2026
The United States granted a 30-day waiver to countries that want to purchase Russian oil or?petroleum stranded on the sea. This drew criticism from Germany and its allies in Europe, but was welcomed by Moscow. The U.S. Treasury secretary Scott?Bessent…
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March 12, 2026
The United States has issued a license to countries for a period of 30 days to purchase stranded Russian oil and petroleum products. This was done to help stabilize the global energy markets, which have been shook by the war against Iran. In…
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March 12, 2026
An?Indian source? said that Iran would?allow India flagged tankers to pass through the Strait of?Hormuz. Through this route, 40% of India's crude oil imports go, a?source? based in India denied the agreement. The Indian foreign ministry and…
Posted to Maritime Reporter
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March 12, 2026
The Russian presidential envoy Kirill Dmitriev stated that he discussed the current energy crises with his U.S. counterparts on Thursday as part of a meeting of the U.S. and Russia working group on economics which took place in Florida. Since the closure of the Strait o f?Hormuz on February 28…
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March 11, 2026
The International Energy Agency plan to release 400,000,000 barrels of oil reserves to the world is unprecedented and urgently needed to counter the devastating supply shock caused by the Iran War. But it will only offer limited relief so long as energy exports to the Middle East are blocked.
Posted to Maritime Reporter
on
March 11, 2026
The plan of the International Energy Agency to release 400,000,000 barrels of oil is unprecedented and urgently needed to counter the supply shock caused by the Iran War. It will only offer limited relief so long as energy exports to the Middle East are blocked.
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March 5, 2026
The Kremlin confirmed on Thursday that Iran has not approached Moscow to request?arms supplies. Russia condemned U.S. - Israeli strikes and demanded an immediate ceasefire. Iran signed a strategic partnership agreement with Moscow last year.
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March 4, 2026
On Wednesday, Russian President Vladimir Putin said that Russia could halt gas supplies to European markets and?move on to other more lucrative markets. According to EU officials and a document seen, the European Commission will present a proposal on April 15 to ban Russian oil imports permanently.
Posted to Maritime Reporter
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February 20, 2026
Data shows that the world's benchmark Brent crude oil is being sold at the lowest price in three years from the Baltic ports of Russia. Discounts are important, as they result from sanctions that the West imposed against Russia for the "war" in Ukraine.
Posted to Maritime Reporter
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February 20, 2026
The 'discount on Brent' for Russia’s flagship Urals oil blending in the Baltic Sea, reported the Kommersant paper citing Argus data, has widened up to $28 a barrel. This is the highest level since a peak -in April 2023. The federal budget has…
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February 18, 2026
There is a premium built into crude oil prices due to tensions between Iran and the United States. The headlines fluctuate daily, but there's an assumption that all will be well. Brent futures, the global benchmark, rose 4.4% to $70.35 per barrel on Wednesday.
Posted to Maritime Reporter
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February 18, 2026
This month, China marks one year since its last import of liquefied gas from the U.S. in the midst of a heated trade war between two world's largest economies. Chinese companies have purchased U.S. LNG from American producers under long-term contracts.
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February 18, 2026
On Wednesday, Sergei Lavrov, the Russian Foreign Minister, told Bruno Rodriguez his Cuban counterpart that Moscow was urging the U.S. to not impose a complete naval blockade against the communist-run Island and instead advocated negotiations.
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February 18, 2026
The Tengizchevroil group, which operates the giant Tengiz oil field, reported to Interfax on Tuesday that the oil?production is gradually increasing after a'suspension' in January. Tengiz - which accounts for 40% of Kazakhstan's total oil production…
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February 16, 2026
Sources confirmed that India had seized three U.S. sanctioned 'oil tankers' linked to Iran this month, and increased surveillance in its maritime zone in order to stop illicit trade. This confirms a post made by Indian authorities on X earlier in February, which was deleted.
Posted to Maritime Reporter
on
February 16, 2026
India has taken three U.S. sanctioned tanker ships linked to Iran this month, and increased surveillance in its maritime zone to stop illicit trade. A source with first-hand knowledge of the issue said that on Monday. The source said that India…
Posted to Maritime Reporter
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February 16, 2026
North Korea will unveil new weapons development goals this month at its Ninth Party Congress, amid assessments that Pyongyang only checked off part of the sweeping list that Kim Jong Un aimed for at his 2021 Congress. Analysts say that while nuclear weapons and missiles remain central to Kim's plan…
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February 4, 2026
Sources said that India's Russian imports fell in January. This continued a trend that started in December, as refiners looked for alternative barrels under the pressure of Western sanctions and the ongoing U.S. India trade talks. Donald Trump, the U.S.
