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April 17, 2026
Data showed that Russia will send wheat to Iran via the Caspian sea for the first time since years, in the first quarter of 2026. The war in the Middle East has made the salt lake a more important trade route between the two countries. The Black…
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April 15, 2026
Andrii Sybiha, Ukrainian Foreign Minister, held a phone call with his Israeli counterpart Gideon Sa'ar in order to discuss the Russian vessel that he said was carrying grain'stolen' from Ukraine and docked at an Israeli port. Kyiv believes that…
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April 13, 2026
The Kremlin criticised a?announcement made by the?U.S. on Monday. President Donald Trump said that the U.S. will blockade Iran's ports by blocking the Strait of Hormuz. The?U.S. The?U.S. Such actions will continue to have a negative impact on international markets.
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April 7, 2026
Volodymyr Zelenskiy, the President of Ukraine, said that Ukraine is taking part in consultations on the Strait o f 'Hormuz. He also added that Ukraine has maritime expertise which could be useful in Asia. Kyiv sent a group of specialists to…
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March 11, 2026
The plan of the International Energy Agency to release 400,000,000 barrels of oil is unprecedented and urgently needed to counter the supply shock caused by the Iran War. It will only offer limited relief so long as energy exports to the Middle East are blocked.
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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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April 2, 2026
Volodymyr Zelenskiy, President of Ukraine, offered on Thursday to share Ukraine's?expertise regarding freedom of navigation?inthe Black Sea with countries that are considering ways to?keep?the Strait?of Hormuz?open amid?conflict?inthe Middle East.
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April 2, 2026
The Russian foreign ministry reported that Russian Foreign Minister Sergei Lavrov discussed safety of navigation through the Strait of Hormuz with Iran's Foreign minister Abbas Araghchi by telephone on Thursday. The statement posted on the website…
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April 2, 2026
The Libyan Ports and Maritime Transport Authority reported that a Russian liquefied gas (LNG), tanker allegedly damaged in a suspected 'Ukrainian attack on the Mediterranean, sprang free in a storm while being towed by a Libyan tugboat. According to the Tripoli-based authority…
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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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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 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 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 12, 2026
The United States has issued a license to countries for a period of 30 days to purchase stranded Russian oil and petroleum products. This was done to help stabilize the global energy markets, which have been shook by the war against Iran. In…
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March 12, 2026
An?Indian source? said that Iran would?allow India flagged tankers to pass through the Strait of?Hormuz. Through this route, 40% of India's crude oil imports go, a?source? based in India denied the agreement. The Indian foreign ministry and…
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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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February 26, 2026
OPEC+ will meet on Sunday to decide its next production step amid increased geopolitical 'friction' affecting almost a third its output. This volatility could give the group the cover it needs to maintain its narrative of a balanced market, even if the reality on the ground suggests otherwise.
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February 24, 2026
A major military conflict between the U.S., Iran and other countries could cause a disruption of Middle East oil supply. It could be that the vast oil reserves held by the U.S. or China are crucial in controlling it. As the American military builds up in the region…
