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March 24, 2026
Shipping data show that Saudi Arabia's Red Sea Yanbu port exported nearly 4 million barrels of crude oil per day in the past week. This is a significant increase over exports before the Iran War broke out. Saudi Aramco is working on a plan that…
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March 24, 2026
Reliance Industries in India, the operator of the largest refining facility in the world, has purchased 5,000,000 barrels of Iranian oil days after the U.S. lifted temporary sanctions on the oil. Two sources confirmed that the Indian refiner purchased the oil from National Iranian Oil Co.
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March 23, 2026
A man arrested in Scotland last week on suspicion of trying to enter Britain's nuclear sub base has been released pending further investigations, Scottish prosecutors announced Monday. A 34-year old man and a 31 year-old Romanian woman were…
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March 23, 2026
Keir Starmer, Britain's Prime Minister, said on Monday that his government may re-examine the powers of the Competition Regulator to combat price gouging in the energy market. Starmer, a member of a parliamentary committee, said: "We are looking at ways to combat 'profiteering.
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March 23, 2026
Keir Starmer, British Prime Minister, said on Monday that Britain must prepare for the possibility that a war with Iran could last for some time. He added that there were no "meaningful" concerns about energy supply. Starmer said that the emergency…
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March 23, 2026
The number of ships diverting around the Cape of Good Hope is increasing, as the Middle East war has reshaped global shipping routes. This boosts the role of Africa as a hub for bunkering. Since late 2023 when Houthi attacks against Red?Sea?shipping?began…
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March 23, 2026
Three sources familiar with this matter claim that the oil loadings at Russia's Baltic Sea Port?of Ust-Luga recommenced?on Monday after an alert for drone attacks was lifted. Primorsk, however, remained closed following aerial strikes. According to two industry sources…
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March 23, 2026
The?U.S. The?U.S. Bessent also ruled out any calls for tax increases in the "Meet the Press'" program on NBC News. Congress is sceptical about the U.S. government's request to spend $200 billion more on the Iran war after spending large amounts of money for defense last year.
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March 23, 2026
The Daily Mail reported that a British nuclear-powered submarine equipped with Tomahawk Cruise Missiles has taken up position in the Arabian Sea, giving Britain the ability to launch long-range attacks if the regional conflict escalates. Could not immediately verify the information.
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March 23, 2026
Iranian media reported that the Strait of Hormuz remains open to all ships except those linked to "Iran's enemy", according to reports published on Sunday. Ali Mousavi made his comments in an interview with Xinhua on Friday, just before U.S.
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March 23, 2026
The Iranian representative at the U.N. maritime agency, reported the semi-official Mehr News Agency on Sunday, said that Iran is ready to "cooperate" with the International Marine Organization to "improve?"maritime safety 'and protect seafarers within the Gulf.
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March 16, 2026
Sanae Takaichi, the Prime Minister of Japan, said on Monday that Japan has no plans to send naval vessels to escort vessels around the Middle East. Donald Trump has called on allies in the Middle East to help protect tankers that are traversing the Strait of Hormuz.
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March 15, 2026
Sanae Takaichi, Japan's Prime Minister, said that the country does not plan to send naval vessels to escort ships in a?Middle East? after Donald Trump asked allies to escort oil tankers through Strait of Hormuz. "We have not taken any decision about dispatching escort vessels." Takaichi…
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March 15, 2026
A government minister?said?Monday that Australia would not send naval vessels to reopen the Strait of Hormuz. "We will not be sending a vessel to the Strait of Hormuz." Catherine King, who is a cabinet member for Prime Minister Anthony Albanese…
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March 14, 2026
The manager of Maran Tankers, said that a Greek-flagged vessel, the Maran Homer was struck by an unidentified object on 'Saturday as it waited for orders to enter Caspian Pipeline Consortium Terminal (CPC) at Novorossiysk. The vessel was struck…
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March 13, 2026
An Indian government official announced on Friday that the Indian flagged 'oil tanker Jag Prakash is now sailing from the east of the Strait of Hormuz. It will be delivering gasoline from Oman into Africa. Gulf shipping has been disrupted for the last two weeks, as Iran retaliates against the U.S.
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March 13, 2026
Sources said that Italian authorities are considering how to handle a Russian "liquefied gas tanker" left adrift in the Mediterranean following what Moscow "described" as a Ukrainian drone strike, according to sources. The Russian transport ministry reported that Ukrainian drones…
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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 13, 2026
European traders reported that a group of 'South Korean flour mills' bought an estimated 50,000 metric tons of'milling wheat? to be sourced from United States at an international auction on Friday. The purchase included several different types of wheat and all were purchased on a FOB basis.
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March 13, 2026
Sources in the Iranian Embassy in Colombo, as well as Sri Lankan media, reported that Friday. The bodies of the 84 Iranian sailors who were killed by a U.S. sub attack on a warship near?Sri Lankan coast last week would be repatriated. The U.S.
