Iran Warns World to Brace for $200 Oil
Iran said the world should be ready for oil at $200 a barrel as its forces hit merchant ships on Wednesday and the International Energy… Weiterlesen »Iran Warns World to Brace for $200 Oil
U.S. Taps Chubb to Lead Trump’s $20B Insurance Plan for Hormuz Shipping
Washington’s effort to restore commercial shipping through the Strait of Hormuz took a key step forward Wednesday after the U.S. International Development Finance Corporation announced that Chubb Limited will serve as… Weiterlesen »U.S. Taps Chubb to Lead Trump’s $20B Insurance Plan for Hormuz Shipping
Maritime Attacks Reach 13 in First 12 Days of Middle East Conflict
Three additional commercial vessels have been struck by projectiles in and near the Strait of Hormuz over the past 24 hours, as the maritime security… Weiterlesen »Maritime Attacks Reach 13 in First 12 Days of Middle East Conflict
IEA Plans Historic 400-Million-Barrel Oil Release
The International Energy Agency (IEA) on Wednesday recommended the release of 400 million barrels of oil, the largest such move in its history, to try… Weiterlesen »IEA Plans Historic 400-Million-Barrel Oil Release
Offshore Lease Bidding Falls Off a Cliff in Trump’s Second ‘Big Beautiful’ Gulf Sale
The U.S. Bureau of Ocean Energy Management (BOEM) generated $46.98 million in high bids at its latest offshore oil and gas auction Wednesday, marking a sharp drop… Weiterlesen »Offshore Lease Bidding Falls Off a Cliff in Trump’s Second ‘Big Beautiful’ Gulf Sale
U.S. Maritime Commission Warns Shipping Lines Over Hormuz Crisis Surcharges
The Federal Maritime Commission says it is closely monitoring new surcharges being introduced by ocean carriers amid the escalating security crisis around the Strait of Hormuz, warning that… Weiterlesen »U.S. Maritime Commission Warns Shipping Lines Over Hormuz Crisis Surcharges
Three Crew Missing from Thai Cargo Ship Hit in Hormuz
A Thai-flagged cargo vessel was struck in the Strait of Hormuz on Wednesday shortly after departing from the United Arab Emirates, as regional tensions continue… Weiterlesen »Three Crew Missing from Thai Cargo Ship Hit in Hormuz
CENTCOM Warns Iranian Ports Used by Military Could Become Targets
U.S. Central Command (CENTCOM) on Tuesday warned civilians to avoid port facilities in Iran where naval forces are operating, saying the Iranian military is using… Weiterlesen »CENTCOM Warns Iranian Ports Used by Military Could Become Targets
Maersk Says Hormuz Crisis is Squeezing Global Marine Fuel Supply
Global shipping giant A.P. Moller – Maersk says the escalating conflict in the Middle East is beginning to disrupt global marine fuel supply chains, prompting the carrier… Weiterlesen »Maersk Says Hormuz Crisis is Squeezing Global Marine Fuel Supply
Three More Vessels Hit by Projectiles in Strait of Hormuz, Showing Merchant Ships Remain in Firing Line
Three more vessels have been hit by unknown projectiles in the Strait of Hormuz, maritime security and risk firms said on Wednesday, bringing the number… Weiterlesen »Three More Vessels Hit by Projectiles in Strait of Hormuz, Showing Merchant Ships Remain in Firing Line