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March 5, 2026
Jamal Al-Ghurair told the media on Thursday that Al 'Khaleej sugar, operator of the largest port-based sugar refinery in the world, is 'operating normally' and still open for exports and imports. Al-Ghurair stated that the company could use…
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March 5, 2026
European powers announced on Thursday that they will 'work together to safeguard the shipping in Red Sea, and send naval assets and other resources to protect Cyprus. The conflict has spread beyond Gulf States to the Mediterranean and even as far as Asia…
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March 5, 2026
Greek seafarers started a 24-hour-long strike on Thursday. They halted local ferry services as they protested about vessel crews stuck in the Gulf during the Middle East conflict. The 'Iran - conflict' threatens Gulf ports, and has already disrupted the global trade via the Strait of Hormuz.
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March 5, 2026
According to traders, analysts and sources, Kuwait and the United Arab Emirates will reduce their output next if they can't export crude through the Strait of Hormuz because of the "Iran Crisis" as storage tanks fill. After six Iranian attacks on vessels…
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March 5, 2026
The Kremlin confirmed on Thursday that Iran has not approached Moscow to request?arms supplies. Russia condemned U.S. - Israeli strikes and demanded an immediate ceasefire. Iran signed a strategic partnership agreement with Moscow last year.
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March 5, 2026
A spokesperson for Bunge, the global grains 'trader', said that they are exploring alternative shipments routes to reduce disruptions due to conflict in the Middle East. After the?U.S. and Israeli strikes on Iran, shipping through the Strait?of Hormuz has been disrupted…
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March 5, 2026
Sri Lanka claimed that it was "trying to safeguard?lives?" on a second Iranian vessel?offshore its coast, on Thursday. This comes a day after the U.S. launched a submarine attack on an Iranian warship, which Iran described as an "attack" the U.S. "bitterly regretted".
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March 5, 2026
China has asked firms to stop signing new contracts for the export of refined fuel and to cancel any shipments that have already been made, due to the escalating conflict in the Middle East. People said that the call did not cover jet fuel for international flights or bunkering in bonded containers…
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March 5, 2026
Authorities?said? on Thursday that Iranian sailors who survived the U.S. sub strike in the Indian Ocean are recovering in a hospital located in the port city of Galle in?Sri Lanka. At least 87 people were killed during the attack. The National Hospital in Galle…
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March 4, 2026
Chris Wright, U.S. Energy secretary, told Fox News that the impact of 'the Iran conflict' on energy markets will be temporary. It is a'small price to pay for U.S. Military goals. The U.S., Israeli and Iranian strikes on Iran have escalated regional tensions.
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March 4, 2026
On Wednesday, Russian President Vladimir Putin said that Russia could halt gas supplies to European markets and?move on to other more lucrative markets. According to EU officials and a document seen, the European Commission will present a proposal on April 15 to ban Russian oil imports permanently.
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March 4, 2026
Three U.S. officials said that the U.S. carried out a strike which sank a warship of Iran off Sri Lankan coast and prompted the Sri Lankan navy to?rescue dozens Iranian sailors. According to one official, who spoke under condition of anonymity because of the sensitive nature of 'the issue…
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March 4, 2026
Shipping sources reported that the crew of the Maltese container ship Safeen Prestige abandoned ship after it was damaged by a projectile as it sailed towards?the top of the Strait of Hormuz? on Wednesday. Vanguard, a British maritime risk management company…
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March 4, 2026
European traders reported that Jordan's state grain buyer bought?about 50,000 tons of?? animal feed??? barley? on Wednesday? in an international tender looking for up to 120,000 tonnes. According to traders, the barley was reportedly purchased…
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March 4, 2026
According to sources in the Sri Lankan navy and defence ministry, at least 101 people are missing, 1 is dead and 78 others have been injured. The sources claimed that the ship has now sunk. It is unclear who was responsible for the attack. A…
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March 4, 2026
The Pakistani petroleum ministry announced in a Wednesday press release that the Saudi Arabian government has requested to send oil through the Red Sea port of Yanbu, after the closure of the Strait of Hormuz disrupted shipping. War in the Middle East disrupts shipping through the Strait of Hormuz.
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March 4, 2026
According to shiptracking and industry sources, an oil tanker crossed the Strait of?Hormuz Tuesday to load crude in a United Arab Emirates Port. This is a rare?journey since the?Iran war disrupted Middle East shipping. LSEG data revealed that…
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March 3, 2026
On Tuesday, President Donald Trump stated that the U.S. military had been successful in destroying many Iranian air and naval targets. He said "almost everything" was destroyed. Responding to questions from reporters, Trump said that he had…
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March 3, 2026
Iraq has reduced oil production by almost 1.5 million barrels per day. These cuts could increase to over 3 million bpd in a few days, as the country is running out of storage space and can't export crude oil due to the Iran Crisis. Iraqi officials…
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March 3, 2026
The Times newspaper reported on Tuesday that Britain plans to send a warship to defend its Royal Air Force Akrotiri in Cyprus against Iranian attacks. A 'drone attack' by Iran hit the runway at the Akrotiri base early on Monday morning. Britain said that UK assets were targeted.
