Strait of Hormuz

Trump says strikes unlikely as US’ Marco Rubio calls Iran demands ‘outrageous and ridiculous’

2026-11-09T09:39:05.000Z
Iran is studying proposals related to its atomic activities that were presented by chief mediator Qatar, according to a diplomat who asked not to be identified.

US, Iran edge closer to deal; Teheran reportedly shows willingness to discuss nuclear issue

2026-11-06T13:29:19.000Z
Ships near the Strait of Hormuz. One tanker struck a mine while attempting to cross a passage south of the waterway.

Iran's IRGC says two tankers and tugboat caught fire in Strait of Hormuz

2026-11-05T05:53:12.000Z
After the outbreak of the Iran war, Very Large Crude Carrier rates from the Gulf to China jumped to roughly 10 times the norm.
THINKING ALOUD

Time to end energy dependence on the Middle East

2026-11-03T23:00:00.000Z
Aramco is the lynchpin of Saudi industry, with revenue from energy sales and hefty dividend payouts supporting the kingdom’s vast spending needs.

Saudi Aramco Q3 net profit rises 34.5% as higher oil prices offset lower volumes

2026-11-03T06:23:11.000Z
OpenAI CEO Sam Altman visited Abu Dhabi for the UAE oil show ADIPEC, as AI firms turn to deep-pocketed Middle East investors to meet intense capital needs.

OpenAI’s Altman travels to UAE to sign energy, investment deals

2026-11-02T08:47:41.000Z
Brent crude futures for December settle up US$2.76 or 2.4% at US$117.64 a barrel, after touching a high of US$118. 

Oil jumps 2%, settles at 6-month highs on fears of escalation in Iran

2026-10-31T00:36:15.000Z
Crude oil exports from Russia’s Baltic and Black Sea ports could fall in November as domestic refiners increase diesel output, traders say.

Oil rises over 1% after Saudi Arabian refinery attack reignites supply risk

2026-10-27T22:25:52.000Z
Sinoko gained prominence from the early weeks of the Iran war, having amassed a huge tanker fleet in the run up to the conflict through purchases or time charters. 

Little-known South Korean shipowner dominates Hormuz transits as oil flows rebound

2026-10-23T05:04:34.000Z
Iran’s Foreign Minister Abbas Araghchi has urged the US to return to the memorandum of understanding signed in June that has collapsed. 

Iran tells US to prove it wants peace by lifting blockade

2026-10-22T02:08:14.000Z