LNG Tankers Appear to Transfer Fuel as Hormuz Tensions Persist
(Bloomberg) — Two liquefied natural gas tankers appeared to be conducting a ship-to-ship transfer outside the Strait of…
Oil Advances With Lebanon Tensions and Hormuz Risks in Focus
(Bloomberg) — Oil fluctuated as fresh fighting in Lebanon and attacks on vessels in the Strait of Hormuz…
Oil Extends Gains on Reported Iran Strikes in Strait of Hormuz
(Bloomberg) — Oil extended gains after a report that Iran attacked “hostile targets” in the Strait of Hormuz,…
U.S.-Saudi Consortium Plans $5 Billion Gulf Refinery Outside Hormuz
A consortium of U.S. and Saudi companies is set to build a new refinery in the Persian Gulf…
U.S. Jet Fuel Costs Soar as Iran War Hits Airlines Again
U.S. airlines are grappling with soaring jet fuel costs again after the return of hostilities in the Middle…
US receives first Iraqi fuel oil cargoes via Syria as Iraq diversifies export routes
The US has started importing Iraqi fuel oil transported through Syria for the first time, highlighting Iraq’s efforts…
Indian Refiners Halt Iraq Oil Loadings as Hormuz Risks Escalate
(Bloomberg) — Two Indian state-run refiners have suspended crude oil loadings from Iraq as mounting security risks in…
Another Tanker Hit in Hormuz as Houthis Add to Regional Risks
(Bloomberg) — Another tanker was attacked in the Strait of Hormuz as renewed hostilities empty the waterway, while…
Goldman Says Brent Could Top $120 If Hormuz Disruptions Persist
(Bloomberg) — Brent could rally to more than $120 a barrel by the fourth quarter if disruptions of…
Oil Market Loses Its Safety Net as Iran Conflict Reignites
The global oil market is much more exposed to the latest re-escalation in the Middle East, as most…
Why Renewed Iran Tensions Could Keep Fuel Prices Elevated
The oil market has officially entered its mixed-signals era. Crude prices had erased most of their wartime gains…
Tankers Trickle Through Hormuz After Spate of Iran Attacks
(Bloomberg) — A handful of oil carriers appeared to transit through the Strait of Hormuz early on Wednesday,…