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March 24, 2026
?European Traders reported on Tuesday that Algeria's state grain agency OAIC had issued an international?"tender" to?buy flour milling. The tender stipulated shipment in two periods: June 1-15, and June 16-30. The traders stated that if the wheat is from South America…
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March 24, 2026
Vitol, a global?commodities?trading?house, said on Tuesday that it would increase its revenues and trade more oil by 2025 as compared to 2024. The firm reported that the trading house's turnover grew by 3.6% last year to $343 billion, with its…
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March 24, 2026
Shipping data show that Saudi Arabia's Red Sea Yanbu port exported nearly 4 million barrels of crude oil per day in the past week. This is a significant increase over exports before the Iran War broke out. Saudi Aramco is working on a plan that…
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March 24, 2026
The estate of the late British tech tycoon, 'Mike Lynch' was denied permission to appeal on Tuesday against a ruling by London High Court which found that he had been liable for Hewlett Packard Enterprise in relation to its acquisition of his company?Autonomy. Hewlett-Packard, the U.S.
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March 24, 2026
Reliance Industries in India, the operator of the largest refining facility in the world, has purchased 5,000,000 barrels of Iranian oil days after the U.S. lifted temporary sanctions on the oil. Two sources confirmed that the Indian refiner purchased the oil from National Iranian Oil Co.
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March 23, 2026
A man arrested in Scotland last week on suspicion of trying to enter Britain's nuclear sub base has been released pending further investigations, Scottish prosecutors announced Monday. A 34-year old man and a 31 year-old Romanian woman were…
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March 23, 2026
On Monday, the United States and French energy giant TotalEnergies announced that they would redirect nearly $1 billion in offshore wind leases towards U.S. production of oil and gas. The agreement represents a new approach in the Trump Administration's…
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March 23, 2026
Keir Starmer, Britain's Prime Minister, said on Monday that his government may re-examine the powers of the Competition Regulator to combat price gouging in the energy market. Starmer, a member of a parliamentary committee, said: "We are looking at ways to combat 'profiteering.
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March 23, 2026
Keir Starmer, British Prime Minister, said on Monday that Britain must prepare for the possibility that a war with Iran could last for some time. He added that there were no "meaningful" concerns about energy supply. Starmer said that the emergency…
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March 23, 2026
TotalEnergies, a French and American energy company, announced on Monday that they would divert?nearly 1 billion dollars?from offshore leases towards U.S. oil & natural gas production. This deal is the latest blow for the U.S. offshore industry…
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March 23, 2026
The number of ships diverting around the Cape of Good Hope is increasing, as the Middle East war has reshaped global shipping routes. This boosts the role of Africa as a hub for bunkering. Since late 2023 when Houthi attacks against Red?Sea?shipping?began…
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March 23, 2026
Three sources familiar with this matter claim that the oil loadings at Russia's Baltic Sea Port?of Ust-Luga recommenced?on Monday after an alert for drone attacks was lifted. Primorsk, however, remained closed following aerial strikes. According to two industry sources…
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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 23, 2026
The Daily Mail reported that a British nuclear-powered submarine equipped with Tomahawk Cruise Missiles has taken up position in the Arabian Sea, giving Britain the ability to launch long-range attacks if the regional conflict escalates. Could not immediately verify the information.
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March 23, 2026
Cuban Deputy Minister of Foreign Affairs Carlos Fernandez de Cossio said over the weekend that the island nation is ready for the 'unlikely possibility' of a military engagement with the U.S. Havana and Washington began talks in early October…
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March 23, 2026
Donald Trump, President of the United States, issued an executive order Friday to maintain an exclusive time window for the annual Army Navy football game in December. Since 2009, this game has been played on the second Saturday of December.
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March 23, 2026
Iranian media reported that the Strait of Hormuz remains open to all ships except those linked to "Iran's enemy", according to reports published on Sunday. Ali Mousavi made his comments in an interview with Xinhua on Friday, just before U.S.
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March 23, 2026
The Iranian representative at the U.N. maritime agency, reported the semi-official Mehr News Agency on Sunday, said that Iran is ready to "cooperate" with the International Marine Organization to "improve?"maritime safety 'and protect seafarers within the Gulf.
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March 16, 2026
Sanae Takaichi, the Prime Minister of Japan, said on Monday that Japan has no plans to send naval vessels to escort vessels around the Middle East. Donald Trump has called on allies in the Middle East to help protect tankers that are traversing the Strait of Hormuz.
