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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 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 8, 2026
Bucharest's defense ministry said that Romania, Bulgaria, and Turkey decided on Wednesday, during a NATO summit, to expand the joint task force to include missions to protect critical infrastructure. The three NATO states that share the Black Sea…
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July 7, 2026
German Finance Minister Lars Klingbeil and Chancellor Friedrich Merz said on Tuesday that Canada's decision to select TKMS, a German company, to build 12 submarines for their navy is good news for Germany and NATO collective security. Merz,…
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July 7, 2026
The office of President Emmanuel Macron announced that French shipping 'group CMA CGM' signed a partnership agreement with Syria on Tuesday. Macron was in Damascus for a meeting with Syrian President Ahmed al-Sharaa which had been disrupted due to bomb explosions.
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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 4, 2026
Authorities in St Petersburg, Russia's second largest city and the surrounding Leningrad area said on Saturday that a major Ukrainian drone strike overnight had hit a local oil pipeline and port. Alexander Beglov, the Governor of St Petersburg…
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June 26, 2026
The European Union's Oil Co-ordination Group said on Friday that, while?oil flows were slowly recovering after a preliminary agreement to end the Iran War, it will still?take time for these supplies to reach Europe. The Oil Coordination Group…
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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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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…
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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 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 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 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 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 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.
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June 8, 2026
The market is surprisingly calm despite the biggest oil supply shock since decades. There's no end in sight, as neither Iran nor the U.S. are willing to compromise. This disconnect is a reflection of an uncomfortable truth: The biggest drivers in today's energy markets are unknowns.
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June 8, 2026
The largest oil supply shock since decades is now in its fourth month. There's no end in sight, as neither the U.S. or Iran seem willing to compromise. Yet the market has settled into a eerie calm. This disconnect is a reflection of an uncomfortable…
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May 28, 2026
TotalEnergies, the French oil major, bought large quantities of Middle East crude in march after its traders saw the U.S. Navy assembling ships near the Gulf in early February. Our oil traders, who are doing their jobs, noticed the U.S. Navy massing ships in the Persian Gulf during February.
