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June 17, 2026
Fontanka, a local news outlet reported that prominent?Russian entrepreneur Ilya Traber was?detained? in?St Petersburg. Could not confirm immediately the report. Fontanka stated that searches had been conducted at Traber's property and one of his associates has also been?detained.
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June 17, 2026
Shipping data shows that at least three tankers carrying Iranian oil have sailed past the U.S. blockade in the last week. A fourth vessel, an empty vessel is heading to the Gulf of Oman after the U.S. & Iran reached a framework agreement to reopen Strait of Hormuz.
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June 17, 2026
Keir starmer, British Prime Minister, said on Wednesday that the firing of warning shots by a Russian Frigate to divert a UK-flagged civilian yacht near British territorial waters was reckless and deeply worrying. According to the statements of the Russian and British defence ministries…
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June 16, 2026
The Canadian government released a statement after Carney's meeting with Ukrainian President Volodymyr Zelenskiy at the G7 summit in France. In a statement dated Tuesday, the Canadian government included Maritime Mutual of New Zealand, which…
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June 16, 2026
A senior U.S. Official?said that the U.S. would 'allow Iran to immediately begin selling oil and fuel in accordance with the memorandum o understanding signed by the two sides to end the conflict. Source: The waiver of'sanctions on Iranian oil…
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June 16, 2026
Sources familiar with the incident claim that sailors on a 'Russian frigate' fired warning shots at a 'civilian yacht? in the Channel, which came close to it. The Ministry of Defence in Britain did not have a comment immediately. Sources, who spoke on condition of anonymity…
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June 16, 2026
The Turkish foreign minister said that he had spoken to his Russian counterpart on Tuesday about the importance of avoiding actions in 'the Black Sea' that threatened regional security and Turkey's interests. He also reiterated Turkey's offer as a mediator between Kyiv & Moscow.
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June 16, 2026
State media reported that a prolonged 'torrential downpour' caused widespread flight delays in a number of airports across southern China. Forecasters predicted the rain belt would linger over the region until it moved northward on Thursday.
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June 16, 2026
Abu Dhabi National Oil Company has sold 30 million barrels of spot oil to Asian refiners and traders this month, and is offering more this week. This will boost exports in the wake of the U.S. - Iran ceasefire. The United Arab Emirates producer sold cargoes containing Das…
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June 16, 2026
Never bet against Donald Trump. Oil market made a bet from the first day of the Iran War: the U.S. President would not let the conflict spiral into an economic crisis. The traders would not price in a single barrel, regardless of what happened with the physical supply.
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June 15, 2026
The European Union expanded its list of sanctions on Monday, targeting Russian shadow fleet members accused of?aiding Moscow in its war effort against Ukraine as well as?individuals connected to the murder Alexei Navalny, an opposition leader.
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June 15, 2026
Senior U.S. officials?said that the United States and Iran have signed a Memorandum of Understanding to'settle a nearly four-month war. They added that a signing would take place this Friday, and shipping traffic would be gradually increased in the Strait of Hormuz. One U.S.
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June 15, 2026
Sources familiar with the performance of some?Asia's hedge funds claim that they have delivered returns in excess of 100% in the first five months?of the year. They attributed this to record highs on the stock market and bets made on AI hardware…
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June 14, 2026
The Indian embassy in Muscat reported that an Indian died of medical complications aboard MT Celestial, while the vessel was docked at Duqm port in Oman. The embassy posted on social media that "necessary arrangements" were being made for the repatriation to India of the mortal remains.
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June 14, 2026
The British armed forces intercepted on Sunday a Russian oil tanker that was trying to cross the English Channel. British Ministry of Defence said that Royal Marine Commandos 'and specially trained officers from the National Crime Agency' boarded SMYRTOS.
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June 12, 2026
Energy Secretary Chris Wright said on Friday that U.S. refiners could still process more Venezuelan heavy oil, as the South American nation's output jumped after the U.S. captured President Nicolas Maduro in January. Facilities on the Gulf Coast also made adjustments to handle higher volumes.
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June 11, 2026
State media reported?early Friday that Iranian forces prevented a tanker from crossing the Strait of Hormuz, without coordination. Iranian media reported earlier that there were'sounds of explosions' near Bandar Abbas. However, state news agency…
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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 11, 2026
Taiwan's maritime sovereignty cannot be "violated" by Chinese efforts to create an impression of jurisdiction. This was the statement made by Taiwan's coastguard after China stopped a patrol near its eastern shores. China, which considers democratically governed Taiwan to be its territory…
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June 10, 2026
Taiwan's maritime autonomy cannot be "violated", the island's Coast Guard said, after China ended a patrol near its eastern shores. China, which claims democratically governed Taiwan to be its own territory was angry when Japan and the Philippines…