The brief reprieve in Red Sea shipping attacks ended this weekend as Yemen’s Houthi movement signaled an imminent return to targeting commercial vessels, casting a… Weiterlesen »Red Sea Corridor Slips Back Into Crisis as Houthi Threats Resurface

The Strait of Hormuz has entered its most dangerous phase in years after a concentrated wave of missile and drone attacks struck five commercial vessels… Weiterlesen »Strait of Hormuz Enters Active Crisis: Five Ships Hit, Traffic Collapses, Tanker Markets Brace for Historic Shock

Secretary of War Pete Hegseth stood at the Pentagon press podium this morning and named Iran’s threat to “global shipping lanes” as a core justification… Weiterlesen »Hegseth Holds Press Conference, Shipping Lanes Key Reason For Iran Strikes

Qatar shut down LNG production at the world’s largest export facility after an Iranian drone attack, sending European gas prices surging over 50%. QatarEnergy’s Ras… Weiterlesen »Qatar LNG Shutdown Sends European Gas Prices Surging Over 50%

Oil and gas prices surged as Israeli and U.S. strikes on Iran disrupted Middle East facilities and shipping through the Strait of Hormuz. Four tankers… Weiterlesen »Iran Conflict Forces Middle East Oil Shutdowns, Strands 150 Ships at Hormuz

By Emily Chow and Jeslyn Lerh SINGAPORE (Reuters) – Marine insurers are cancelling war risk coverage for vessels and oil shipping rates are set to… Weiterlesen »Ship War Risk Insurance Canceled After Iran Strikes

Qatar halted its production of liquefied natural gas on Monday as Israeli and U.S. strikes against Iran and Tehran’s retaliation prompted precautionary shutdowns of oil and gas facilities… Weiterlesen »Qatar Halts LNG Output, Saudi Refinery, Israeli Oil, Gas Fields Shut Amid Mideast Strikes

A venture that’s taken a dominant position in the global market for oil supertankers is asking for sky-high charter fees to deliver Middle East crude… Weiterlesen »Oil Shipping Costs Soar as Iran Conflict Chokes Hormuz

A Crowley-managed product tanker was struck by projectiles while berthed at the Port of Bahrain early Monday, killing one shipyard worker and injuring two others… Weiterlesen »U.S.-Flagged Tanker Security Program Ship ‘Stena Imperative’ Hit in Bahrain, Shipyard Worker Killed

By Lori Ann LaRocco – Three vessels involved in the transport of sanctioned Iranian oil have been struck in the first 24 hours of Operation… Weiterlesen »Shadow Fleet Surge: Iran Moved Record Crude Before Operation Epic Fury