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October 4, 2026
Puntland, a?semiautonomous'state? in Somalia, said that Somali pirates had killed five crewmembers of the MT Honour 25 petroleum product tanker before it was rescued by security forces. The death aboard the Palau flagged ship appears to be the…
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October 2, 2026
Iran's conflict has brought the murky world of refined fuel trading to the forefront as the world struggles with a limited supply and record high prices. AI may be the key to bringing the world of fuel trading out of the dark. Although crude oil trading has been a popular practice for many years…
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September 30, 2026
The maritime police force in the semi-autonomous Puntland region of Somalia said that a?US sanctioned oil tanker named Sibu 1 was 'liberated' after it was hijacked by Somali pirates back in August. Our forces have been engaged in a counter-piracy campaign since two days ago. It's still ongoing.
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September 29, 2026
French President Emmanuel Macron announced on Thursday that France would send troops and defense systems to Saudi Arabia in order to help 'protect the Red Sea Port City of YANBU, which is crucial for energy transportation. Macron said that a US diesel export ban…
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September 29, 2026
A US official, who spoke on condition of anonymity, said that 60 commercial ships transited the Strait of Hormuz Wednesday, carrying the 'highest daily volume' of crude oil since earliest July. The US official said that about 40 of these vessels…
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September 28, 2026
According to a Thursday'readout' from Erdogan’s office, the Turkish president told his Ukrainian counterpart Volodymyr Zelenskiy that Russian?and Ukrainian attacks on commercial ships in the Black Sea are?inexplicable. Steps must be taken to prevent these.
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September 28, 2026
Preliminary data on Thursday showed that 10 commodity ships transited through the Strait of?Hormuz, up from 7 a day before and below the 10-day moving?average of 17 vessels. Nine vessels entered the Strait, including Supramax ship carrying metals and grain, as well an empty very large Gas carrier.
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September 28, 2026
Data from the Russian Grain Union lobby group showed that fewer countries were buying Russian wheat since July due to a 'blockade of a major export route by Russia and Ukraine on 'the Black Sea. In September, only eight countries purchased wheat from Russia…
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September 23, 2026
According to preliminary data released on Wednesday, three commodity ships transited the Strait of Hormuz in the past day. This is down from four vessels a day before and well below the 10-day moving average of about 15. Some ships turn off their transponders while on voyage…
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September 22, 2026
Diplomats confirmed on Tuesday that France had begun drafting a resolution for the UN Security Council in coordination with United States?to establish an international mission in order to restore movement through?the Strait of Hormuz. Paris had?unsuccessfully?
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September 22, 2026
The Joint Organizations Data Initiative (JODI), which released data on Tuesday, showed that Saudi Arabian crude exports rose by 3.3% in July from June to 4.125 million barrels a day. This is the highest level since March. The production of crude…
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September 22, 2026
The Kremlin said on Tuesday that there were 'further diplomatic contacts' about a proposal from Turkey for the safe transit of grain through the Black Sea. Russia was also 'finding alternate routes to export its grain in the interim. In recent months…
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September 22, 2026
Preliminary shipping data on Tuesday showed that the number of commodity vessels traversing the Strait of Hormuz dropped to just two on Monday, down from 10?a day before. The figures exclude any vessels who may have crossed the Strait with their…
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September 22, 2026
On Monday, the EU's chief of foreign policy said that the mission to protect shipping in Red Sea will need to?increase its number from 10 warships to at least 20. He added?that there are not a lot in the area right now. Aspides, the EU's mission…
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September 22, 2026
Shipping?data? showed on Monday that 17 cargo vessels had transited the Strait of Hormuz over the weekend, compared to 37 a week before, as tensions in the Gulf continued, with the US and Iran at loggerheads. The visible traffic in the Strait of Hormuz…
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September 21, 2026
Shipping data showed that a dozen commodity vessels passed through the 'Strait of Hormuz' on the weekend. This is down from 35 the previous 'weekend. Visible traffic in the Strait of Hormuz, which was the conduit for a fifth (or more) of the world's oil…
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September 19, 2026
Saudi civil defense?sent a?all-clear? early on?Saturday?after issuing an alert for potential dangers in Riyadh, and the city Al-Kharj to the east of?capital. This was in response to an increase in attacks from the Iran-aligned Houthis against the Gulf -country.
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September 18, 2026
Open Interest (ROI), every Friday, distills the previous five days' financial data into five charts that highlight the most important trends, surprises and missed?moves. ANNA SZYMANSKI is the Editor-in Charge of ROI. The Federal Reserve increased…
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September 18, 2026
Preliminary shipping data showed that four commodity ships transited the Strait of Hormuz on Thursday. This is down from six vessels a day before and well below the?10-day?average of?about 16?, according to the?data. These figures may change…
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September 17, 2026
Analysts said that Iran has begun to reroute its imports of Russian wheat to the Caspian Sea, as shipments via the Black Sea are halted due to?Ukrainian drone attacks and the 'Strait of Hormuz' is 'closed. Iran is the largest buyer of Russian wheat.