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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 8, 2026
Preliminary shipping data on Wednesday showed that six?commodity ships transited the Strait of?Hormuz Tuesday. This is down from nine?aday earlier? and below?the 10-day?average of approximately 12. These figures may change, as some ships turn off their transponders while on voyage.
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September 8, 2026
The Iranian Revolutionary Guards announced on Tuesday that they had captured an unmanned U.S. submarine at the Strait of Hormuz. This was a rare opportunity to see how underwater drones were used for military operations. Iranian state media reported that the vessel 'was a Dive LD…
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September 8, 2026
On Tuesday, the Houthi movement in Yemen, which is backed by Tehran, fired missiles and drones on Saudi Arabian cities as well as energy facilities. This was part of a regional escalation that began more than six months after the U.S.-Iran war.
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September 8, 2026
Italian private equity firm Renaissance Partners announced that it has agreed to buy interiors maker De 'Wave Group, located in Genoa, from Californian investment company Platinum Equity. The deal was reported earlier on Tuesday. A source with…
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September 8, 2026
Californian investment firm, Platinum Equity, is set to sell De Wave Group to Italian counterpart Renaissance Partners, in a deal valued at around EUR400m ($465m), according to a source close to the matter. Platinum, the Beverly Hills-based firm founded by U.S.
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September 8, 2026
A company executive stated on Tuesday that Kuwait Petroleum Corporation is interested in buying more ships and improving its supply chain. "In 'KPC, we have our own fleet which we manage... We are on the market to purchase more ships," said…
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September 8, 2026
The shipping traffic through the Strait of Hormuz has slowed since the beginning of this week after Iran threatened to retaliate against any new U.S. strikes. Kpler data revealed on Tuesday that the number of cargo vessels passing through the Strait of Hormuz on Monday was seven…
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September 7, 2026
The General Food Security Authority of Saudi Arabia announced a cancellation of a tender to buy '535,000 metric tons' (?metric tonnes)?of hard-milling wheat, because the offers submitted were not suitable. Saudi Arabia issued the tender for delivery in November and December last week.
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September 6, 2026
According to data released on Monday after U.S. and Iranian strikes on tankers, an average of ten commodity ships have transited the Strait of Hormuz each day in the last ten days. This is the lowest number since May. Kpler's data shows that the 10-day moving average was 10 on Sunday.
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September 6, 2026
North Korean leader Kim Jong Un claimed that the country's latest destroyer will?be a part of a system for nuclear response and can deliver "annihilating" retaliatory strikes, state media KCNA reported on Monday. However, it did not say whether the vessel was equipped with nuclear weapons.
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September 5, 2026
Coco Gauff, who has been in New York for five years straight now, reached the second week of the U.S. Open on Saturday after beating?Spain’s Cristina Bucsa in the third round. Gauff's much-maligned service undermined her game, but she refused to be rattled by the home crowd as she sent 15?winners.
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September 5, 2026
Semi-official Iranian news agency Tasnim reports that an Iranian?tanker? was?hit? by U.S. Forces on Saturday, near Iran's main oil export hub Kharg Island in the Gulf. According to a Tasnim reporter from Kharg Island, four U.S. rockets were fired in the vicinity of the island's anchorage.
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September 4, 2026
Chicago wheat futures fell on Friday. They continued a decline from a high of 3-1/2 years earlier in the week. Traders were watching to see if diplomatic attempts to end Russia's conflict with Ukraine would ease disruptions to important Black Sea grain shipments. The U.S.
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September 4, 2026
According to a draft government resolution seen by. In July, the country implemented a partial six-month ban on wheat imports. There were a few exceptions to the rule, such as rail shipments that are destined for poultry farms and grain-processing businesses…
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September 4, 2026
Chicago wheat futures fell on Friday. They continued a decline from a high of?3 1/2 years earlier in the week. Traders were watching to see whether diplomatic efforts to end Russia's war against Ukraine would ease disruptions to important Black Sea grain shipments.
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September 4, 2026
Want to find inspiration? Every Friday, Weekend Reads highlights what the Open Interest team have been reading, watching, and listening to. This week's selections include AI's growing footprint, ghost data centers, critical minerals and China's energy transition. This weekend we are reading...
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September 4, 2026
Three senior Iranian sources have said that the U.S. effort to choke Iran's economic growth by blocking its oil exports, and stopping sanctions evasion is becoming increasingly difficult to resist. Washington has been increasing economic pressure…
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September 4, 2026
Igor Sechin said that China, and not OPEC, had stabilized the global oil market by reducing crude exports by 5.5 millions barrels per day in this year. Sechin, the Russian energy manager who is a close ally of President Vladimir Putin and the most influential in Russia…
