
US Crude Oil Shipments to Asia Face Steep Decline Amid Soaring Tanker Costs
US crude oil exports to Asia are expected to drop to multiyear lows as tanker leasing costs soar to $80 million per voyage.
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US crude oil exports to Asia are expected to drop to multiyear lows as tanker leasing costs soar to $80 million per voyage.

A Windward report details five major maritime security threats in the Gulf, including tanker attacks and subsea cable risks

Iran has identified subsea cables in the Strait of Hormuz as targets, with a Revolutionary Guard spokesperson warning of new weapons.

Saudi Arabia seeks overseas oil storage for Aramco after Houthi drone strikes impacted its key infrastructure

Brent crude oil prices climbed after seven tankers were reportedly damaged in the Strait of Hormuz, raising supply concerns

Oil prices surged by more than $2 per barrel after fresh Houthi attacks in Saudi Arabia raised fears of wider conflict and supply…

Seven vessels were damaged near the Strait of Hormuz, with four catching fire after Iranian forces targeted them for illegal oil transfers
The US has sanctioned a law firm and shipping agents linked to Iran's shadow fleet, aiming to disrupt illicit oil trade.
A Kuwaiti tanker caught fire off Oman, and another vessel was struck near Iraq, underscoring persistent maritime security risks.
Oil prices slipped after touching a five-month high, as traders weighed Houthi attacks on Saudi infrastructure and vessel incidents

Four of five global maritime chokepoints are disrupted, pushing the risk barometer to 8.1, its highest point since the crisis began

Vessel attacks and port congestion are straining India-Middle East cargo flows, leading to feeder capacity shortages and delays

Fujairah sees a surge in ship-to-ship transfers, acting as a Strait of Hormuz bypass amidst high war risk insurance.
Iran has attacked at least 39 vessels in the Strait of Hormuz before formally adding them to a blacklist, including most recent additions
Attacks on commercial vessels in the Strait of Hormuz and surrounding waters have significantly increased in October.

Two oil tankers reportedly struck naval mines and caught fire in the Strait of Hormuz, according to Iran's Revolutionary Guards Navy
US courts may revive dormant maritime seizure powers, potentially affecting shipping due to Middle East conflicts

Middle East conflict forces air cargo rerouting, increasing flight times and fuel costs for Europe-Asia-Gulf trade
The UKMTO struggles to report Strait of Hormuz attacks as many vessels refuse to disclose incidents

Oil prices climbed over 3% driven by Middle East supply uncertainty and questions about Russia's diesel export volumes
Fujairah's marine fuel sales rose in September to 236,285 cubic meters, the highest since the US/Iran conflict.
Container tracking systems are struggling with port congestion and unreliable forecasts, increasing costs for shippers.

Iran and its proxies have reportedly executed numerous targeted attacks on critical port and energy infrastructure within the Gulf region
Global feeder operators are revising service networks due to Middle East conflict, with GFS expanding and others reducing coverage

Oil traders expect crude prices to stay high through 2028 due to the Iran conflict, affecting global inflation and bunker costs
DHL executed a complex logistics operation to move Formula 1 equipment from Bahrain to Malaysia, avoiding the Strait of Hormuz.

A cargo vessel sank in the Strait of Hormuz after an attack caused a fire and crew evacuation.

A Singapore-flagged container ship sank after being struck by an unknown projectile near the Strait of Hormuz.
A container ship was reportedly sunk among four separate maritime attacks in the Strait of Hormuz on October 13th.

Iran is reportedly targeting commercial vessels engaged in oil transfers near the Strait of Hormuz, escalating regional maritime risks
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