The United Arab Emirates may join a U.S.-led effort to protect shipping in the Strait of Hormuz after Iran all but shut the vital waterway to ships… Weiterlesen »UAE Signals Openness to U.S.-Led Hormuz Protection Mission as Shipping Crisis Deepens

Crude tanker-owner Capital Tankers Corp.’s shares fell in their Oslo debut on Tuesday, as the closure of the Strait of Hormuz has disrupted global oil… Weiterlesen »Marinakis-Backed Capital Tankers Slides on Oslo Debut as Hormuz Crisis Jolts Markets

A widening conflict in the Middle East has led to dramatic swings and surges in the price of fuel for ships, prompting distributors in Singapore,… Weiterlesen »Iran War Upheaval Jolts Shipping Fuel Suppliers in Singapore

President Donald Trump said Tuesday that NATO allies have refused to support U.S. military operations against Iran, publicly acknowledging growing divisions within the Western alliance… Weiterlesen »Trump Declares U.S. ‘Doesn’t Need Anyone’ After Allies Balk at Hormuz Mission

National Counterterrorism Center (NCTC) Director Joe Kent announced his resignation Monday, citing opposition to the ongoing war in Iran and asserting that Tehran posed “no… Weiterlesen »‘No Imminent Threat’: Trump’s Counterterrorism Chief Resigns Amid Rift Over Iran War

New tracking data suggests “permission-based” transits may be reshaping one of the world’s most critical shipping lanes A new routing pattern is emerging in the… Weiterlesen »Ships Hug Iran’s Coast in Emerging Hormuz Workaround

The key port of Fujairah in the United Arab Emirates has suspended oil loadings, according to a shipping agent and a person familiar with the… Weiterlesen »Key UAE Oil Hub Suspends Loadings as War-Related Halts Mount

Oil tankers are crossing the Strait of Hormuz and Iran’s actions to choke traffic through the shipping route have not hurt the U.S. economy, White House economic adviser Kevin Hassett told… Weiterlesen »Oil Tankers ‘Starting to Dribble Through’ Strait of Hormuz, says White House

The International Maritime Organization (IMO) says roughly 3,200 vessels carrying around 20,000 seafarers are currently confined west of the Strait of Hormuz, highlighting the scale of… Weiterlesen »UN Shipping Agency Says 3,200 Ships Trapped West of Hormuz as Emergency Council Meeting Called

Germany has ruled out participating in any military effort to secure shipping through the Strait of Hormuz, marking one of the clearest rejections yet of… Weiterlesen »Key NATO Member Germany Rejects Military Role in Strait of Hormuz Security Mission