War Risk Premium

Iran has permitted Iraqi oil tankers to transit the Strait of Hormuz after Baghdad's requests, impacting regional oil transport.

European natural gas futures hit a multi-month high due to Strait of Hormuz shipping disruptions and geopolitical tensions

Tanker traffic at Saudi Arabia's Yanbu port has fallen by over a third due to Houthi blockade threats in the Bab al-Mandeb.

Shipping incidents declined in 2025, but geopolitical conflicts and trade route disruptions pose new safety challenges

Ukraine's proposal for a Black Sea shipping truce for agricultural exports was reportedly rejected by Russia

Piracy incidents off Somalia are increasing as naval forces are stretched thin by other global conflicts.

Ukraine reports Russia attacked 52 civilian vessels in the Black Sea during July and the first half of August.

Ocean carriers are reluctant to return to the Strait of Hormuz due to ongoing security risks, even with ceasefires.

Saudi Arabia is rerouting oil shipments via Sinokor tankers to evade Houthi threats, maintaining global supply.

Disruptions in the Strait of Hormuz expose the fragility of global trade routes, causing shipping declines and rising costs.

Iran pledges a "devastating" response as the US warns of "tough" economic sanctions, escalating tensions.

AET's chief urged the maritime industry and regulators to update security protocols due to persistent global conflicts.

Shipping traffic in the Strait of Hormuz saw a notable reduction on Thursday, indicating growing maritime security concerns

Marine insurance compliance is evolving due to unreliable AIS data, increased sanctions, and more false flag operations.

Romanian F-16s destroyed a marine drone near the Neptun Deep gas project in the Black Sea, raising security concerns

A U.S.-sanctioned product tanker was hijacked in the Gulf of Aden and diverted towards Somalia by six armed men

Boskalis reported lower first-half earnings as Middle East disruptions impacted vessel utilization, while Offshore Energy projects offered…

A tanker near Yemen was boarded by six armed individuals and diverted towards Somalia, according to UKMTO.

Oil prices climbed to a near one-month high after the U.S. threatened new sanctions on Iran amid the Hormuz Strait impasse

Iran's Foreign Minister dismissed new US sanctions threats, viewing them as a diversion from domestic economic issues

Global grain shipments fell 8% year-over-year, driven by a 26% decline in Black Sea exports due to escalating conflict.

Federal Reserve officials are signaling support for higher interest rates due to inflation and the re-escalation of the Iran war.

Three Chinese-linked supertankers turned back in the Strait of Hormuz due to elevated shipping risks, dimming prospects for normal traffic

Attacks on shipping have nearly halted Black Sea grain exports from Russia and Ukraine, cutting off a major supply source.

A bulk carrier and a rescue vessel were targeted by drone strikes in the Black Sea, intensifying shipping risks.

Iran's more aggressive stance in the Strait of Hormuz could significantly affect global shipping and trade.

Piracy incidents off Somalia have surged to a ten-year high, with 13 recorded in early 2026 alone

Oil prices rose for a fourth session as US-Iran tensions in the Strait of Hormuz continued, suggesting tight global supplies

The UAE reported detecting two ballistic missiles from Iran, raising regional security concerns and potential maritime impacts

Shipping through the Strait of Hormuz has slowed due to uncertainty surrounding its reopening after a wartime blockade