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April 1, 2026
Shipping analysts and traders reported that the number of oil tankers available along the U.S. Gulf Coast had dropped sharply over the past few weeks as Asian and European refiners, cut off from Middle Eastern supplies, have purchased vessels to import fuel and oil from the United States.
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April 1, 2026
Due to a limited global supply, Saudi Arabia's Saudi Aramco and Algeria's Sonatrach raised their official'selling prices' for liquefied petrol gas by between 38% and 80% in April. The Middle East war has caused the biggest energy crisis in decades. Global prices have risen to record highs.
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April 1, 2026
The coastguard reported that at least 18 people were killed after an inflatable boat carrying migrants sank near the western province of Mugla in Turkey on Wednesday. It added that search and recovery efforts continue in the area. The coastguard…
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March 31, 2026
Ship tracking data on Kpler showed that a cargo of WTI 'Middleland Crude' was headed for Greece, the first time since a little over four years. The U.S.-Israeli war against Iran, and the reduced traffic through Strait of Hormuz, have disrupted trade and reduced output in the region.
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March 28, 2026
Maersk, a Danish container shipping company, has temporarily suspended?its operations?at the Port of Salalah in Oman. This was due to a security incident which occurred on Saturday morning. The shipping giant released a statement saying that all Maersk crew were safe and accounted.
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March 27, 2026
Asda's boss said that the U.S. and Israeli 'war on Iran' has caused a spike in demand for fuel, resulting in temporary?shortages? at some of their forecourts. Fears of higher prices and supply disruptions from the conflict are driving motorists to fill up more often.
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March 26, 2026
Admiral Nicolas Vaujour said that he has recently held talks with various naval counterparts, including those from Britain, Germany Italy, India, and Japan, about the current situation in Middle East. He wrote in a letter to X on Friday that…
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March 26, 2026
The Turkish transportation minister confirmed that a drone had struck a crude oil tanker from Turkey, which was leaving Russia. This caused an explosion near the Bosphorus Strait in Istanbul's Black Sea. Abdulkadir Uraloglu, the minister of transportation…
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March 26, 2026
NTV reported that a Turkish crude oil tanker named the "Altura" was struck by a drone about '15 nautical miles (28 km) from Istanbul in the Bosphorus Strait. Its 27 crew members were unharmed. According to data from ship tracking, the vessel…
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March 25, 2026
The Government of National Unity in Tripoli (GNU) announced that the Libyan coast guard had 'begun towing' a damaged LNG?tanker, which several Mediterranean countries had warned was a risk to the environment after it drifted?unmanned? for weeks.
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March 24, 2026
?European Traders reported on Tuesday that Algeria's state grain agency OAIC had issued an international?"tender" to?buy flour milling. The tender stipulated shipment in two periods: June 1-15, and June 16-30. The traders stated that if the wheat is from South America…
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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
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 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
Local media reported that Abdulkadir Uraloglu, the Turkish Transport Minister, had said that after receiving permission from Tehran authorities were able to allow a Turkish-owned ship to pass through the Strait of Hormuz. Haberturk reported that Uraloglu…
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March 13, 2026
Initial assessments by traders indicated that the lowest price offered in the first round of the tender was $270 per ton of supplies delivered from a Turkish warehouse. Barley that has already been imported to Turkey and is stored in warehouses with customs bonds can be offered in the tender…