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April 29, 2026
Barclays said late Tuesday that the United Arab Emirates' decision not to join OPEC would result in a faster growth of oil -supply from the country, as it 'comes out?of?the current crisis. Barclays said late Tuesday that the United Arab Emirates…
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April 28, 2026
The United Arab Emirates decision to leave OPEC is likely to have a dramatic impact on the producer group, which has been around for 65 years. It will also open the door to a price war when Gulf producers rush to regain their market share after the Iran conflict ends.
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April 28, 2026
The efforts to end the Iran conflict came to a standstill on Tuesday, with U.S. president Donald?Trump unsatisfied with the latest offer from Tehran. He said that Tehran had told the U.S. they were in a state of collapse and trying figure out their leadership situation.
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April 28, 2026
Giles Scott, a British sailing expert, was named the new sailing director of American Racing Challenger Team USA on Tuesday. The team is ramping up its preparations for next year's America's Cup, which will be held in Italy. Scott, who has won two Olympic golds in the Finn class…
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April 27, 2026
The price of European wheat futures fell in Paris on Monday, as a strong euro weighed down on exports. Traders also expected that a large Saudi Arabian purchase of wheat would be sourced from the region around the Black Sea. Fresh signs that…
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April 27, 2026
Shipping data revealed a lull in activity over the last few days. However, the talks between Iran and the United States are still stalled. According to data from Kpler, and a separate satellite analysis by 'data analytics specialists SynMax'…
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April 27, 2026
The U.S. is taking steps to protect the global economy against the oil crunch caused by the?Iran war. This includes boosting exports and easing sanctions selectively, as well as tapping into strategic reserves. Washington's reputation may suffer in some circles…
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April 27, 2026
The U.S. intervened to protect the global economy against the oil crunch caused by the Iran War by boosting exports and?selectively relaxing sanctions, as well as tapping strategic reserves. Washington's reputation may suffer in some circles…
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April 23, 2026
Cubans began this week to reap the benefits of a recent 100,000-metric-ton delivery of Russian crude oil. This is a temporary lifeline to the 'energy starved nation' and it was the first large shipment of oil to arrive on the island since early this year when the United States cut off the fuel.
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April 23, 2026
A tanker with a foreign flag delivered crude oil from Texas to an American refinery. A?temporary waiver granted by President Donald Trump on Thursday allowed a refinery to operate?on Friday?in order to combat price hikes and supply disruptions caused by the Iran War.
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April 23, 2026
European traders reported on Thursday that buyers in the United States purchased milling wheat from Poland during recent weeks because they were looking for cheaper supplies due to high U.S. prices. The volume involved was estimated differently.
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April 23, 2026
The chief of the navy's staff said that Italy was ready to send up to four vessels, including minesweepers as part of an international effort to clear the Strait of Hormuz. Last week, European leaders met in Paris to discuss a multi-national effort to protect shipping along the Strait of Hormuz.
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April 23, 2026
In the past decade, we have seen a rapid series of energy crises around the world, fueled by extreme weather, military conflict and supply chain snarls. The highly interconnected oil and natural gas markets are fragmenting and the transition to a low-carbon economy is accelerating.
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April 22, 2026
Shipping executives at the FT 'Commodities - Global Summit on Wednesday said that Asian ship owners - who have a greater risk tolerance - may soon begin sailing through the Strait of Hormuz, despite a fragile ceasefire between the U.S. and Iran.
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April 22, 2026
According to maritime security'sources' and United Kingdom Maritime Trade Operations (UKMTO), at least three container ships were hit by gunfire on Wednesday in the Strait?of?Hormuz. Iran has placed restrictions on the use of the Strait by ships, initially in retaliation to the U.S.
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April 21, 2026
A federal judge in Boston on Tuesday blocked the administration of President Donald Trump from enforcing policies that, according to wind and solar energy industry groups, have stymied new energy generation. Denise Casper, the chief U.S. District Judge in Boston…
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April 20, 2026
Shipping data revealed that an oil tanker was heading to South Korea's HD Hyundai Oilbank, after passing the Strait of Hormuz. Kpler data showed that the Malta-flagged Odessa sailed through the strait in April 2013, but it did not specify where the tanker loaded its oil.
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April 20, 2026
These are the top business stories from the New York Times. These?stories have not been?verified' and?the?New York Times cannot vouch for the accuracy of these stories. After two months of war, sales in the Persian Gulf countries have plummeted. Chris Wright, U.S.
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April 20, 2026
Shipping data revealed that an oil 'tanker' is headed to South Korean refiner Hyundai Oilbank in order to discharge its cargo after passing through the Strait of Hormuz. The Malta flagged Odessa passed the strait in April 13 Kpler data showed, but did no indicate where the tanker loaded the oil.
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April 17, 2026
A senior Iranian official said on Friday that there are still significant differences between Iran and the United States in order to reach an agreement to end the 'war.' He added that the U.S. must adhere to the ceasefire terms if it wants to keep the Strait of Hormuz opened.
