Brent Crude Approaches $100 as Iran Threatens Gulf Energy Infrastructure
Oil prices rose as Brent crude neared $100/bbl after Iran's threat to Gulf energy infrastructure, raising supply disruption fears
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Oil prices rose as Brent crude neared $100/bbl after Iran's threat to Gulf energy infrastructure, raising supply disruption fears

Grimaldi expands its China to West Africa service via Durban and Lagos, boosting RoRo and project cargo capacity
Ten Filipino seafarers refused to transit the Strait of Hormuz on a Liberian-flagged general cargo ship.
A QatarEnergy delegation will visit Bangladesh to discuss resuming LNG supplies after a halt caused fuel shortages.

Disruptions in the Strait of Hormuz are testing supply chain resilience, prompting shifts to alternative ports and multimodal services.
VLCC rates from the US Gulf Coast hit record highs due to tight Atlantic tonnage and strong global market conditions.
US-Iran conflict escalated with new attacks on vessels in the Strait of Hormuz, impacting regional stability and shipping.
High energy prices and strong US employment data are not boosting the dollar as much as expected, due to a positive global investment…
Oil prices are increasing due to persistent tanker attacks and geopolitical tensions in the Persian Gulf.
UK natural gas prices hit a three-and-a-half-year peak as US-Iran tensions escalate, threatening Persian Gulf energy supplies

Iran plans to introduce a new restricted maritime zone and a revised shipping corridor in the Strait of Hormuz.
Maritime news highlights Asian port congestion, Strait of Hormuz tensions, and Samsung's damage claim against CMA CGM
Iran's influence over global oil markets through the Strait of Hormuz is weakening as the US facilitates Gulf crude flow
China's CO2 emissions fell in Q2, with reduced oil consumption, not coal, being the primary driver for the first time.
US Central Command disabled two and destroyed one Iranian tanker after an IRGC ballistic missile attack on US Navy ships.
China's eastern ports face severe congestion with vessel waiting times up to 10 days due to typhoons and geopolitical tensions
Vessel sale and purchase activity remained strong in September, driven by high freight rates in dry and wet markets.
Oil prices have risen above US$95/bbl due to increased US-Iran hostilities and Iranian missile launches in the Gulf.

Shipping traffic through the Strait of Hormuz saw a notable reduction on Thursday, with only four commodity vessels transiting.

Global shipping risk has risen to 8.3 due to concurrent crises in Hormuz, the Red Sea, and Black Sea, straining alternative routes

South Korea is reviewing military options to support navigation in the Strait of Hormuz, denying reports of a deployment decision
Strait of Hormuz disruptions are prompting longer clean tanker routes and shuttle operations, while new vessel deliveries threaten a…
Shipping stocks have rallied significantly, reaching over decade-highs due to the Strait of Hormuz crisis.
Bangladesh's government approved four LNG spot market purchases, with prices tripling due to Middle East conflict disruptions

War risk insurance claims have exceeded $2 billion, driven by increased attacks on commercial shipping globally.

Persistent US-Iran tensions underscore Iran's ability to disrupt the Strait of Hormuz, a critical maritime artery for global energy trade
Commercial shipping in the Strait of Hormuz remains severely depressed with single-digit vessel transits due to ongoing conflict.

Mitsui OSK Lines expects Strait of Hormuz disruptions to continue through year-end, raising risks for oil tankers.
Middle East tensions are impacting LR2 tanker operations, leading to a shift from product to crude oil transport.
Iraq's oil exports increased in August and are expected to rise further in September, driven by discounts and Iranian approval
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