oil
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Marine World
China Confirms Attack on Oil Tanker in Strait of Hormuz Earlier This Week
China’s foreign ministry confirmed on Friday that an oil products tanker carrying Chinese crew was attacked in the Strait of…
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Marine World
Oil Shock Far From Over: Energy Giants Warn Global Fuel Supplies May Stay Tight for Months After Iran Deal
Oil supplies are set to tighten further in coming weeks even if the U.S. and Iran agree on a peace deal…
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Maritime News
Why Does It Matter if Iran Shuts In its Oil Wells?
[By Nima Shokri and Martin J. Blunt]The Strait of Hormuz – the narrow waterway through which between 20% and 25% of…
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Maritime News
Chicago Grain Futures Ease Alongside Crude Oil
Chicago wheat, corn and soybean futures edged lower on Tuesday, snapping a two-session rally amid a slew of profit-taking and farmer…
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Maritime News
US Naval Blockade Hammers Iran Oil Exports, Forces Floating Storage
A U.S. naval blockade of Iranian ports has shrunk Tehran’s oil exports, stranding a growing stockpile of crude on tankers…
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Maritime News
US Corn, Wheat, Soy Futures Rise Alongside Crude Oil
Chicago wheat futures touched 10-month highs on Monday with corn and soybeans also rising following gains in crude oil, as…
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Maritime News
EU Breaks Deadlock on Russian Sanctions but Defers Maritime Services Ban
The European Council broke weeks of deadlock, in part after the election loss for Hungarian President Victor Orban, and adopted…
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Maritime News
EU Defers Proposal to Fully Ban Maritime Services for Russian Oil
The European Union has released its 20th round of sanctions on Russia, including extensive sanctions on the Russian energy sector.…
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Maritime News
United States Ambivalent to Russian Oil Sanctions
Particularly in the United States, where the constitution was designed to incorporate checks and balances between the different parts of…
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Maritime News
Global Seaborne Crude Oil Shipments Down 16% Since Start Of The Iran War
“Since the beginning of the Iran war, global seaborne crude oil shipments have fallen 16% compared to the first nine…
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