India Acknowledges Iranian Oil Purchases
By Rakesh Sharma and Mihir Mishra Apr 4, 2026 (Bloomberg) —India is buying crude from Iran among other countries in order to navigate the current
By Rakesh Sharma and Mihir Mishra Apr 4, 2026 (Bloomberg) —India is buying crude from Iran among other countries in order to navigate the current
By Bloomberg News Apr 4, 2026 (Bloomberg) –Russia said drone debris struck a cargo vessel in a bay of the Azov Sea overnight while Moscow’s forces
A small number of merchant vessels have begun edging back through the Strait of Hormuz, offering the first visible signs of movement after weeks of disruption.
Recent U.S. intelligence reports warn that Iran is unlikely to open the Strait of Hormuz any time soon because its grip on the world’s most vital oil artery
The Trump administration has doubled its maritime insurance backstop to $40 billion, expanding a flagship effort to restart commercial shipping through the
Reunification marks major shift in offshore oversight model built after Deepwater
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President Donald Trump on Friday said the U.S. can open the Strait of Hormuz with a little more time, as pressure mounts for his administration to find a
Container spot freight rates on the main east-west trades largely flatlined this week as excess capacity and uneven demand failed to further spur recent
By Weilun Soon and Samy Adghirni (Bloomberg) — A French container ship and a Japanese-owned tanker have crossed the Strait of Hormuz, in what appear to
By Erik Wasson and Gregory Korte (Bloomberg) President Donald Trump is preparing to release a fiscal year 2027 budget plan on Friday that will frame his
A Japanese-linked liquefied natural gas (LNG) carrier has successfully transited the Strait of Hormuz, marking the first such passage by a Japan-affiliated
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Iran targeted more sites in Arab Gulf states overnight and into Friday, hours after US President Donald Trump issued fresh threats against Iranian
The Swedish Coast Guard said on Friday it had seized an oil tanker in the Baltic Sea that is believed to be part of the Russian shadow fleet and suspected to
South Korean President Lee Jae Myung and French President Emmanuel Macron said on Friday they planned to boost defense cooperation and work together to address
A container ship signaling French ownership has exited the Strait of Hormuz, in what appears to be the first known transit by a vessel linked to Western Europe
Detentions of Panama-flagged vessels by China that followed a Panamanian court ruling raise serious concerns about efforts to undermine rule of law in the
The U.S. trade deficit widened in February as a rebound in imports offset strong growth in exports, which increased to a record high, potentially keeping trade
The liquefied natural gas carrier Arctic Metagaz is “completely out of control at sea” in the Mediterranean after a towing attempt collapsed at around 0400
President Donald Trump finally tried to sell the American public on his Iran war. But his primetime address five weeks into the messy conflict instead
Britain will host talks on Thursday aimed at forming a coalition of countries to explore ways to reopen the Strait of Hormuz after U.S. President Donald Trump
The Strait of Hormuz—one of the world’s most critical energy chokepoints—remains effectively closed, sending shockwaves through global trade, energy
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In recent days, the operator of an oil tanker stuck in the Persian Gulf received a compelling proposal. After weeks at anchor with missiles and drones passing
U.S. offshore oil production surged to a record 714 million barrels in 2025, marking a new high for output from the Outer Continental Shelf and underscoring
U.S. exports of liquefied natural gas rose to an all?time high in March as plants ran above nameplate capacity and new units started up, preliminary data
Libyan authorities have effectively halted efforts to secure the stricken LNG tanker Arctic Metagaz, towing the vessel far offshore and leaving it adrift near
Turkey is seeking permission from Iranian authorities for 11 Turkish-owned ships to pass through the Strait of Hormuz, the country’s transportation minister
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