U.S. Treasury Secretary Scott Bessent on Thursday warned Oman that Washington is prepared to aggressively sanction any country or entity involved in facilitating an Iranian-linked… Weiterlesen »U.S. Treasury Warns Oman Over Hormuz Toll System

Dry bulk shipping takeover drama intensified Thursday as Diana Shipping Inc. raised its all-cash offer for Genco Shipping & Trading Limited to $24.80 per share,… Weiterlesen »Diana Shipping Sweetens Bid for Genco as Takeover Battle Escalates

Traffic through the Strait of Hormuz appeared all but deserted on Thursday as commercial operators remain wary of renewed military escalation.

French oil major TotalEnergies TTEF.PA made the decision to buy large amounts of Middle East crude in March after its traders noticed the U.S. Navy… Weiterlesen »TotalEnergies Made Middle East Oil Mega-Trades After Noticing US Navy Buildup in Gulf in February, CEO Says

By Jana Choukeir, Enas Alashray and Phil Stewart WASHINGTON/DUBAI, May 28 (Reuters) – The United States and Iran have reached an outline agreement to extend their ceasefire… Weiterlesen »Report Says Iran and U.S. Reach Outline Ceasefire Deal After Latest Attacks

The icebreaking LNG carrier Christophe de Margerie appeared to be attempting an unusually early eastbound transit of Russia’s Northern Sea Route (NSR) this week after… Weiterlesen »Russia Sends Arctic LNG 2 Cargo East Along Northern Sea Route in Rare May Voyage

The U.S. Treasury Department on Wednesday formally sanctioned Iran’s so-called Persian Gulf Strait Authority (PGSA), accusing the organization of working with the Islamic Revolutionary Guard… Weiterlesen »U.S. Sanctions Iran’s ‘Persian Gulf Strait Authority’ as Hormuz Transit Fight Escalates

 President Donald Trump on Wednesday dismissed a report that Iran and Oman would manage shipping through the Strait of Hormuz as part of a deal to end the… Weiterlesen »Trump Threatens Oman as Hormuz Deal Remains Elusive

The Port of Long Beach is offering a $1 million prize to the first ocean-going vessel to complete a commercial-scale methanol bunkering operation at the Southern California… Weiterlesen »Port of Long Beach Offers $1 Million Prize For First Methanol Bunkering

The Trump administration’s emergency Jones Act waiver is rapidly reshaping U.S. oil flows, opening domestic shipping routes to foreign-flagged tankers and triggering trade patterns rarely… Weiterlesen »Jones Act Waiver Reshapes U.S. Oil Trade as Foreign Tankers Flood Domestic Routes