Strait of Hormuz

Maritime piracy incidents fell to their lowest point since 1992 in the first half of 2026, though risk remains.

IMO Secretary-General provided an update to the IMO Council regarding the Strait of Hormuz, focusing on security, seafarer safety, and…

Shipping traffic in the Strait of Hormuz held steady after recent tanker attacks, with the IMO urging caution

OFAC has replaced General License X with General License X1, effective July 7, 2026, restricting activities.

Oil tanker traffic through the Strait of Hormuz has almost stopped due to increased shipping risks after US airstrikes and Iranian…

Oil prices saw a slight decline as markets considered the evolving U.S.-Iran conflict and its implications for the Strait of Hormuz.

Maersk adds a second Red Sea service as US-Iran ceasefire collapses, increasing Houthi attack risk for commercial shipping.

Ukraine claims 14 more drone strikes on Russian ships, escalating attacks on merchant vessels in the Sea of Azov

A South Korean shipping entrepreneur reportedly earned $120 million by acquiring VLCCs during the Iran conflict.

The European aluminum market is stabilizing as the Middle East conflict's impact on prices diminishes, seeking a new equilibrium

Oil prices surged as the US-Iran ceasefire faltered and Russia implemented a diesel export ban, impacting global energy markets

Energy market participants are concerned about potential tolls on the Strait of Malacca due to rising tensions in the Strait of Hormuz

Indonesia received its first Russian crude oil shipment, a direct result of a bilateral agreement signed in April.

The United States has reportedly carried out a fresh series of strikes targeting Iranian port infrastructure and military bases.

Middle East instability, driven by Iran's alleged actions, threatens global energy and supply chains, prompting the UAE to adopt a…

Geopolitical shifts from the Islamabad MOU are influencing shipping markets in Q3 2026, with Strait of Hormuz transits resuming.

Bahri confirmed an incident with its VLCC Wedyan near the Strait of Hormuz; all crew are safe and cargo secure

A Chevron-chartered oil tanker, the Yasa Polaris, was hit by a drone off Russia's Black Sea coast, increasing maritime risks.

A brief evacuation plan facilitated the transit of 136 vessels and 2,900 seafarers through the Strait of Hormuz.

Ukraine claims to have targeted 21 Russian ships with drone attacks in the Black Sea within 72 hours

Approximately 6,000 seafarers are reportedly stranded on ships in the Persian Gulf due to heightened regional tensions.

Soybean futures climbed to a seven-week high, supported by renewed Chinese demand for US supplies and higher crude oil prices.

Strait of Hormuz transits remain below pre-crisis levels, creating upside risks for oil and product pricing in H2

Oil prices surged over 3% after new airstrikes between Iran and the U.S. and re-imposed sanctions on Tehran.

The U.S. Navy states Iran is mining the Strait of Hormuz to funnel commercial shipping into its waters for control and tolls

The US has reinstated sanctions on Iranian oil exports, revoking a temporary waiver after recent tanker attacks in the Strait of Hormuz.

The Bank of England warns that multiple financial risks, including geopolitical tensions, could materialize concurrently.

NATO allies and Gulf Arab ministers will discuss maritime security in the Strait of Hormuz, with France and Britain outlining plans.

Vessel attacks in the Strait of Hormuz are jeopardizing UK and France's mine clearance efforts, impacting maritime security

Ukrainian forces reportedly attacked a dozen Russian "shadow fleet" tankers supplying fuel to Crimea over two days