CMA CGM Confirms Vessel Damaged in Hormuz Strait Attack
No ships have been attacked since US halted maritime mission in Hormuz. File Image / Pixabay
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Oil Surges Almost 6% As Iran, U.S. Close To Resuming “Major Combat Operations”
Meanwhile, the UAE bids farewell to OAPEC: File Image/Pixabay
The on-again off-again U.S./Iran conflict that has…
Month-End Oil Trading Wild As Analysts Foresee No Near-Term Hormuz Reopening
A new report suggests increased output, exports still can’t compensate for Hormuz losses: File Image/Pixabay
Volatility…
Iran “In A State Of Collapse” Causes Oil To Dip; But Bets Remain On Hormuz Blockage
Meanwhile, the EU discourages Southeast Asia from obtaining oil from Russia: File image/Pixabay
Oil prices on…
‘No Legal Basis’ to Impose Tolls on Ships Transiting Hormuz Strait: IMO Chief
Arsenio Dominguez is secretary-general of the IMO. Image Credit: IMO
The head of the IMO has…
Oil Gains 2% As Trump Orders Peace Envoy Home And Tehran Consults With Russia
Meanwhile, Germany warns Washington not to sink into another Middle East quagmire: File Image/Pixabay
The new…
Oil Steady As U.S., Iran Envoys Return To Pakistan For Peace Talks
Meanwhile, analysts warn that oil price must escalate further: File Image/Pixabay
With analysts inured to the…
Situation in Persian Gulf ‘Remains Extremely Volatile’: IMO Secretary-General
Arsenio Dominguez is secretary-general of the IMO. Image Credit: IMO
The head of IMO has warned…
Iran Fires on Second Vessel in Strait of Hormuz: UKMTO
The ship came under attack about eight nautical miles west of Iran on its way out of…
Iranian Forces Cause ‘Heavy Damage’ to Container Ship in Strait of Hormuz: UKMTO
The boxship was fired upon by Iranian forces about 15 nautical miles north-east of Oman at 3:55…
Oil Headed For Weekly Loss As Trump Claims Iran Willing To Negotiate Over Hormuz
U.S. president Donald Trump’s optimism that a deal could still be reached with Iran rather than further…
President Trump Threatens to Detain Vessels Paying Iranian Hormuz Toll
President Trump now plans to blockade the Strait of Hormuz entirely. File Image / Pixabay
US President…