oil tankers

US-Iran peace talks end without agreement, delegations leave Pakistan

No change in Hormuz as long as US does not agree to a ‘reasonable deal’, Iran media quotes informed source as saying

Teheran says the Hormuz strait is open but that passage depends on coordination with its military and adherence to strict, designated routes.

Why US-Iran ceasefire has not led to Hormuz strait reopening

Iran has asserted control over the waterway and effectively halted most commercial traffic

Iran has kept a stranglehold on the Hormuz strait throughout the war by laying mines and attacking vessels.

Strait of Hormuz under the US-Iran ceasefire: 6 things to know

HUNDREDS of tankers are waiting to return to the Strait of Hormuz so that the waterway can once again become a conduit for one-fifth of the world’s oil and gas.

US fuel exports hit a record high last month, as refiners shipped more fuel from the US Gulf Coast to Asia and Europe, and even reversed traditional flows to export from the US East Coast to Europe.

Trump’s shipping waiver does not boost oil flows within US; fuel exports soar

Ship owners earn more sending vessels on longer journeys from the US to Asia

The Ocean Thunder loaded about 1 million barrels of Basrah Heavy crude on March 2 and is expected to discharge its cargo in Malaysia’s Pengerang.

Petronas-chartered tanker loaded with Iraqi crude passes through Hormuz

Iran said it would allow passage for vessels without US or Israeli connections

The tanker – which is chartered by Petco, a unit of Malaysian state energy company Petronas – is among seven Malaysia-linked vessels cleared by Iran to transit the strait.

Petronas-chartered tanker loaded with Iraqi crude passes through Hormuz

It is expected to discharge its cargo in Malaysia’s Pengerang, in mid-April

Container shipping indices are reflecting the increases in freight costs.

Singapore sea freight companies hit with 50% fuel surcharge; war insurance premium also jacking up costs

One firm had to reroute cargo of used car parts to Dubai via India, raising the shipping cost five times

The spike in insurance and freight rates reflects the immense logistical and financial challenges facing the global energy market.

War risk insurance returns to Strait of Hormuz – at a price

Daily charter rates for oil supertankers have quadrupled within a week to nearly US$800,000

Iran's UN ambassador Amir-Saeid Iravani addresses members of the UN's Security Council in New York City, New York, March 11, 2026.

Iran not going to close Strait of Hormuz, Iran UN envoy says

IRAN’S UN ambassador said on Thursday Tehran was not going to close the Strait of Hormuz, but added that it was Iran‘s right to preserve the security of the key shipping route.

Asian buyers are looking past the Middle East to secure much-needed crude as the conflict there escalates, making larger vessels less available and extremely expensive.

Surging tanker rates push US crude shippers to use small vessels

They can be secured faster, enabling traders to move barrels despite the tight freight market