Israel–Iran Conflict

Urals crude oil prices hit a three-month low, influenced by expectations of a US-Iran deal and potential supply increases

The crude oil market is adapting to geopolitical recovery and increased supply, yet weak Chinese demand limits price gains

The IEA has lowered its 2026 global oil demand forecast, attributing the change to the Middle East conflict's impact

The IEA predicts a gradual recovery for the global oil market after the Strait of Hormuz closure, with a surplus by 2027

Oil tankers are diverting to the Middle East, anticipating the reopening of the Strait of Hormuz and repositioning vessels.

The Joint Maritime Information Centre has reduced the threat level for shipping in the Strait of Hormuz, but warns of continued risk

A possible US-Iran agreement could lead to the reopening of the Strait of Hormuz after three months of disruption

The US will immediately lift sanctions on Iranian oil and fuel exports under a new agreement to end the war

Maersk maintains cargo restrictions and surcharges in the Persian Gulf, signaling ongoing abnormal shipping conditions.

The US military is conducting covert ship-to-ship oil transfers in the Gulf, using drones and helicopters to guide convoys

Consumers may not see immediate relief in fuel prices even after Middle East oil supplies normalize, impacting logistics costs.

Fewer than five commercial vessel attacks have been completed in the Strait of Hormuz despite over 200 transits with US military guidance

Disruptions in the Strait of Hormuz are reshaping fertilizer markets, prioritizing access over cost, with global food production impacts

Oil prices continued their downward trend as markets awaited details on a US-Iran peace deal that could reopen the Strait of Hormuz

Road freight rates are projected to remain elevated, even with lower fuel costs following the Strait of Hormuz reopening

Despite diplomatic progress, the Strait of Hormuz remains a high-risk waterway with reported explosions and military protection needs

Gulf Marine Services has returned its four liftboats to the Persian Gulf following an earlier evacuation due to regional tensions

AIS-visible commercial traffic in the Strait of Hormuz dropped to near zero between June 11 and 14, indicating severe operational pressure

IMO Secretary-General welcomes the US-Iran peace agreement, aiming to restore safety in the Strait of Hormuz maritime corridor

China welcomes the US-Iran agreement to end their conflict, expressing hope for its timely signing and supporting the memorandum

GCC economies are set for a 2026 slump due to the Iran-US conflict, with a rebound expected in 2027.

India's shipping regulator advised carriers to limit Indian seafarer deployment in the Strait of Hormuz following recent attacks

European natural gas contracts declined significantly after a reported peace agreement between the U.S. and Iran.

A report suggests the Trump administration has signed an MOU with Iran regarding the Strait of Hormuz, potentially altering maritime…

Mine clearance operations in the Strait of Hormuz are expected to delay the resumption of normal shipping for weeks.

Freight forwarders are cautiously optimistic about a preliminary US-Iran peace agreement, which could reopen the Strait of Hormuz.

Despite a US-Iran interim agreement, analysts predict a slow return to normal trade flows through the Strait of Hormuz

A recent US-Iran MoU does not signal an end to the dual chokepoint crisis impacting global maritime shipping.

A large backlog of fertilizer vessels is anticipated, even with the potential reopening of the Strait of Hormuz.

A diplomatic announcement has been made, but a formal transit regime for the Strait of Hormuz has not been restored