China calls for end to Iran’s Hormuz restrictions and US blockade
“The most urgent issue is to keep the ceasefire. And the ceasefire needs to last, and there has…
Baltic Exchange sued over shipping indices that missed Hormuz impact
Commodity trader Mercuria is suing the Baltic Exchange, the world’s top provider of benchmark shipping indices, over losses…
Grain ship at centre of Ukraine-Israel dispute abandons unloading
Zenziper, the company named in the reports as the importer, did not immediately respond to an emailed request…
Ukraine urges Israel to impound ship carrying “stolen” grain
“The Ukrainian side is asking its Israeli partners to seize the vessel and its cargo, conduct a search,…
Trump meets with energy executives as US mulls extending Iran blockade
Vice President JD Vance, Treasury Secretary Scott Bessent, Trump’s Chief of Staff Susie Wiles, special envoy Steve Witkoff…
Shift in UAE oil stance signals emerging divide with Saudi Arabia
But beneath that convergence lay a fundamental asymmetry: Saudi Arabia saw itself as the natural centre of gulf…
How will UAE bolting OPEC impact trade relations with Saudi Arabia?
How likely is the Saudi-UAE row to hit trade? Saudi Arabia and the UAE are so deeply enmeshed…
ADNOC offers new crude loading options to circumvent Strait of Hormuz
“To ensure that customers can continue to perform their contractual liftings, we are also making cargoes available for…
US pressures Iran with new sanctions, moves to stop Hormuz “tollbooth”
OFAC also designated several rahbar companies that it said work with Bank Sina, which is controlled by Iran’s…
In a shock move, UAE leaves OPEC to gain control over its oil future
A win for US President Donald Trump? The UAE’s exit represents a win for US President Donald Trump,…
Not just ships: Subsea cables below Hormuz vulnerable to Iran attack
What makes undersea cables important? Subsea cables are fibre-optic or electrical cables laid on the sea floor to…
Ukraine warns Israel against receiving ship with “stolen” grain
Israel’s foreign ministry did not immediately respond to a request for comment. Haaretz reported on Sunday that four…