oil
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Marine World
Japan to Receive First Oil Tanker to Exit Hormuz Since War Began
Japan — one of Asia’s biggest importers of energy from the Middle East — flagged the impending arrival of the…
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Marine World
No Full Hormuz Flows Until First Half of 2027, UAE’s Oil Giant Says
Full oil flows through the Strait of Hormuz will not return before the first or second quarter of 2027, even…
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Port News
Pakistan relaunches offshore oil hunt after 18-year hiatus
Pakistan has reopened its offshore energy frontier to oil and gas exploration after an almost 18‑year gap, signing agreements for…
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Marine World
Hormuz Closure Could Send Oil to $200 and Trigger Global Recession, Wood Mackenzie Warns
A prolonged closure of the Strait of Hormuz could become the most severe global energy supply shock in decades, with…
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Marine World
U.S. Extends Russian Oil Waiver Through June as Oil Markets Tighten
The U.S. Treasury Department has extended its temporary sanctions wind-down authorization for Russian oil cargoes already at sea, issuing a…
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Marine World
Treasury Extends Russian Oil Sanctions Relief as Hormuz Crisis Tightens Global Supplies
U.S. Treasury Secretary Scott Bessent announced Monday that the Treasury Department is issuing a temporary 30-day general license allowing “the most vulnerable…
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Marine World
Hedge Fund Beats Peers With Bets on Oil Tankers While Cutting AI
A Hong Kong hedge fund that outperformed peers says shipping stocks are a better trade than artificial intelligence, given the…
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Maritime News
Treasury Reverses Course and Waives Sanctions on Russian Oil for Third Time
The U.S. Treasury has once again extended a sanctions waiver for the sale of Russian oil already on the water,…
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Marine World
Iraq Exported 10 Million Barrels Of Oil Through Strait Of Hormuz In April
By Muayad Hameed BAGHDAD, May 16 (Reuters) – Iraq exported 10 million barrels of oil via the Strait of Hormuz in April,…
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Marine World
US Allows Russia Oil Sales Waiver To Expire Despite Tight Market
By Jennifer A. Dlouhy May 16, 2026 (Bloomberg) –The Trump administration allowed a waiver that encouraged more Russian crude sales to…
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