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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…
Posted to Maritime Reporter
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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.
Posted to Maritime Reporter
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April 23, 2026
Sources said that Russia increased its liquefied gas exports to China by 21% in March compared to February. This was due to the increase in trading after the Chinese New Year holiday and the lack of Middle East supplies. Due to European sanctions…
Posted to Maritime Reporter
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April 23, 2026
In the past decade, we have seen a rapid succession global energy crises, fueled by conflict, extreme weather and supply chain snarls. The highly fragmented oil and gas market of today is becoming more interconnected, and as the transition to a low-carbon economy accelerates…
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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 10, 2026
A NATO commander warned that Estonia would not detain Russian "shadow fleet" ships in the Baltic Sea. He was concerned that if they did, Moscow might defend these vessels militarily. Britain, along with other European nations such as France…
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April 6, 2026
MOSCOW, 6 April - The state news agency TASS reported on Monday that a Russian ship carrying grain believed to?have sunk after a Ukrainian drone strike has been located?and towed?to?shore. Meanwhile, the death?toll has risen to?three, the report said.
Posted to Maritime Reporter
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April 5, 2026
One person was killed and two others were missing after a cargo ship, carrying wheat, sank on the Sea of Azov, according to a 'Russian-installed' official. Vladimir Saldo is the leader installed by Moscow in the Russian-controlled areas of Ukraine's Kherson Region.
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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 23, 2026
Japan Petroleum Association President Shunichi Kito said on Monday that North America was a potential source of alternative crude oil for Japanese refiners. Ecuador, Colombia, and Mexico were also considered as options. Oil buyers around the…
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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 14, 2026
The manager of Maran Tankers, said that a Greek-flagged vessel, the Maran Homer was struck by an unidentified object on 'Saturday as it waited for orders to enter Caspian Pipeline Consortium Terminal (CPC) at Novorossiysk. The vessel was struck…
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March 13, 2026
Sources said that Italian authorities are considering how to handle a Russian "liquefied gas tanker" left adrift in the Mediterranean following what Moscow "described" as a Ukrainian drone strike, according to sources. The Russian transport ministry reported that Ukrainian drones…
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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 12, 2026
The Russian presidential envoy Kirill Dmitriev stated that he discussed the current energy crises with his U.S. counterparts on Thursday as part of a meeting of the U.S. and Russia working group on economics which took place in Florida. Since the closure of the Strait o f?Hormuz on February 28…
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March 11, 2026
The International Energy Agency plan to release 400,000,000 barrels of oil reserves to the world is unprecedented and urgently needed to counter the devastating supply shock caused by the Iran War. But it will only offer limited relief so long as energy exports to the Middle East are blocked.
