Israel–Iran Conflict

Saudi Arabia is increasing crude oil shipments after its Persian Gulf ports reopened following the Iran war.

Vitol Group has successfully shipped a stranded aluminum cargo from the Strait of Hormuz, offering supply relief for buyers.

Crude oil prices fell as shipping transits through the Strait of Hormuz accelerated, following progress on a US-Iran peace deal.

European natural gas prices remained near two-month lows as Strait of Hormuz shipping normalized and Middle East risks cooled

The IMO estimates 80 mines are in the Strait of Hormuz shipping lanes, complicating safe passage through the critical oil channel

Donald Trump claimed Iran violated a ceasefire after a drone attack on a commercial ship in the Strait of Hormuz.

The 100-day closure of the Strait of Hormuz is causing a re-evaluation of global energy markets, similar to the 1973 oil embargo

Iran has reaffirmed its control over Strait of Hormuz shipping after a vessel strike near Oman, affecting tanker traffic.

Vessel traffic in the Strait of Hormuz declined after an Iranian attack on a Taiwanese-operated ship, raising regional tensions

Crude oil prices fell sharply as supply concerns eased with increased tanker traffic through the Strait of Hormuz.

Oil prices rose after a commercial vessel was reportedly struck in the Strait of Hormuz, highlighting regional shipping risks

Global base oils markets face a prolonged recovery due to supply constraints and geopolitical tensions, especially for Group III.

Norden's first chartered vessel has safely left the Persian Gulf after recent disruptions in the Strait of Hormuz.

BIMCO emphasizes the need for clear US-Iran maritime agreements after a drone strike in the Strait of Hormuz.

Crude oil prices fell as Middle East supply concerns eased, leading to a drop in China's petrochemical futures.

IMO pauses Persian Gulf crew evacuations after a containership attack, heightening regional maritime security concerns

Geopolitical tensions are introducing significant volatility into the Middle East's offshore support vessel market.

Tensions between Iran and Oman are increasing as the IMO considers a Persian Gulf exit plan, signaling maritime security concerns

Saudi Arabia is reactivating crude oil loading at its significant Ras Tanura terminal, signaling a broader resurgence of Middle Eastern…

The IMO's plan to evacuate 11,000 seafarers from the Strait of Hormuz has gained support from BIMCO.

IUMI welcomes the US-Iran MoU and Iran-Oman working group, aiming to boost maritime security in the Strait of Hormuz.

Iran's IRGC has warned ships against using a southern Strait of Hormuz route after Oman released new transit guidelines.

Allianz reports $125 billion in vessel and cargo value exposed in the Persian Gulf as of mid-June 2026

Iran's IRGC Navy has rejected the IMO's safe passage plan for the Strait of Hormuz, raising maritime security concerns

War risk insurance is available for Strait of Hormuz transits, though security and legal challenges still hinder normal maritime traffic

Recent tensions in the Strait of Hormuz highlight the critical need to prioritize seafarer welfare in maritime contingency planning

Maritime security concerns are escalating in the Black Sea and Strait of Hormuz, impacting vessel operations and insurance costs

Ocean freight spot rates are expected to increase for another month, with vessels fully booked until July, per Xeneta.

The Strait of Hormuz reopening has boosted oil supply, leading to weaker markets in Europe and Asia.

Three oil tankers carrying 5 million barrels of crude have departed the Strait of Hormuz, increasing global supply