Israel–Iran Conflict

The EU proposes its Aspides naval mission lead mine clearance in the Strait of Hormuz, a Franco-British initiative.

Hostilities in the Persian Gulf escalated with Iranian attacks on Kuwait and U.S. military strikes near the Strait of Hormuz.

Vessel delays in the Strait of Hormuz are intensifying existing pressures on the global shipping industry.

Iran claims it retaliated against an MSC container ship and the US 5th Fleet headquarters, raising regional tensions.

The US military is now using covert methods to secure commercial shipping in the Strait of Hormuz after a public escort plan was dropped

A US Navy blockade halted all Iranian crude oil exports in May, leaving 80 million barrels stranded offshore

Dirty tanker exports from the Americas reached a record 14.5 million barrels per day in May, driven by the Iran War.

Greek tanker owners are positioning vessels near the Persian Gulf, hoping for high rates if the Strait of Hormuz reopens

The EU is considering freezing its Russian oil price cap due to Middle East conflicts and rising crude prices.

EU LNG imports fell 8% in May, the second monthly drop, due to Middle East war disruptions affecting global energy trade.

India's fuel exports hit a record low in May due to conflicts in Ukraine and West Asia, with a rebound expected.

Asian stocks rose, led by tech, despite US-Iran tensions, with Japan's Nikkei 225 hitting a record high.

UK natural gas futures rose over 3% due to escalating Middle East conflict and diplomatic deadlock

Two oil product tankers transited the Strait of Hormuz, and an LNG carrier loaded cargo in the UAE, showing limited shipping activity

A shipping executive suggested that paying a transit fee for the Strait of Hormuz could prevent future disruptions.

The Persian Gulf offshore market is under pressure from contract suspensions, rising insurance costs, and EPC project threats

US forces disabled a sanctioned oil tanker bound for an Iranian port, the sixth commercial vessel interdicted under the blockade

U.S. Secretary of State Marco Rubio stated that sanctions relief for Iran is tied solely to its nuclear program, not Strait of Hormuz access

The Port of NEOM is becoming a key alternative for Gulf importers to circumvent the volatile Strait of Hormuz.

Air cargo rates rose 36% year-on-year in May, driven by Middle East conflict disrupting global supply chains

Global demand and geopolitical tensions are causing price increases for copper and aluminum, impacting supply chains.

An MSC container ship was attacked in the Persian Gulf after departing an Iraqi port, with Iran's IRGC claiming responsibility.

The May/June 2026 digital edition of Heavy Lift & Project Forwarding International is now available, focusing on industry resilience.

Container shipping rates from East Asia to the US surged this week, while liquid chemical tanker rates from the US Gulf softened.

Oil exports via the Strait of Hormuz may not reach pre-war levels due to increased risk in the Persian Gulf.

Dynacom Tankers has moved its fleet near the Strait of Hormuz in response to increasing security risks affecting Gulf shipping.

Tankers linked to Iran are increasingly disabling tracking systems, signaling a rise in covert LNG shipping due to geopolitical tensions.

IMO Secretary-General Arsenio Dominguez urged Greek shipowners to detail plans for seafarer investment, citing the Hormuz crisis as a key…

The IMO advises against repatriating thousands of seafarers from the Gulf due to persistent risks, despite a US-Iran ceasefire

A Panama-flagged MSC containership was reportedly damaged off Iraq, marking the third incident since late February.