Global oil markets are behaving as though the Strait of Hormuz crisis is not temporary, despite continued public optimism ...
For decades, roughly 60 oil tankers and cargo ships passed through the Strait of Hormuz every day, threading a 21-mile gap ...
A 50% collapse in available tanker capacity, a 130 million barrel logistics gap, and a 14.5 million barrels per day (mbpd) disruption — equal to 57% of Gulf output are emerging as the biggest barriers ...
SINGAPORE, May 13 (Reuters) - The trading arm of Vietnam's state oil company has urged the U.S. Navy to allow a crude oil tanker laden with Iraqi oil ‌to sail through its blockade in the Middle East ...
The U.S. military fired on an Iranian oil tanker as a blockade of Iranian ports remains in effect. The two countries have yet to come to an agreement over the opening of the Strait of Hormuz and ...
A tanker carrying crude oil to Japan has passed through the Strait of Hormuz, Reuters reported today, citing data from LSEG. This is only the second Japan-bound tanker to make it through the ...
A tanker flying the flag of Pakistan has just become the first vessel to ship crude out of the Strait of Hormuz since the U.S. blockade outside the chokepoint began on Monday, ship-tracking data ...