Oil prices jumped nearly 3% after the US launched military strikes against Iran in response to attacks on commercial vessels in the Strait of Hormuz. Fears of escalating conflict threaten a critical oil transit route.
A tanker traveling off the coast of Oman in the Strait of Hormuz caught fire Tuesday after being struck by an unknown projectile. UKMTO reported the incident near Limah, Oman. Iranian state TV cited anonymous sources implying Tehran's involvement, though no official claim was made.
The "ARRHENIUS" gas tanker, which entered the port of Ust-Luga in the Leningrad region for refueling, was heading to Turkey. Russian Investigative Committee reported that naval magnetic mines made in a NATO country were found on its hull and have been neutralized.
The gas tanker 'ARRHENIUS', which arrived in the port of Ust-Luga, Leningrad Oblast, came from Belgium. The vessel entered the port on May 20 for refueling, according to the Investigative Committee of Russia.
Russian investigators have opened a criminal case for attempted terrorism and illegal trafficking of explosives after naval mines were discovered on the hull of a gas tanker that arrived from Belgium. The mines, of factory production and made in a NATO country, were found and neutralized in the port of Ust-Luga, Leningrad Oblast.
A Qatari natural gas tanker crossed the Strait of Hormuz on Sunday for the first time since the start of the Iran war, heading for Pakistan, while Washington continued to wait for Tehran’s response to its latest proposals to begin peace talks. After some 48 hours of relative calm following sporadic clashes last week that have shaken a month-old ceasefire, Kuwait detected several hostile drones in its airspace early on Sunday, authorities said. But the QatarEnergy-operated carrier Al Kharaitiyat...
HD Korea Shipbuilding & Offshore Engineering has signed a 505 billion-won deal to build three very large gas carriers, bringing its total orders for the year to $9.35 billion.
The 20th package of sanctions "bans the provision of maintenance and other services for Russian liquified natural gas tankers and ice-breakers"
Iran’s plan to extract a $2m payment from tankers using the strait of Hormuz could raise costs for years to comeA second round of peace talks between the US and Iran has begun amid renewed attacks on oil tankers in the strait of Hormuz and a US blockade on Iranian vessels through the crucial trade route.The future of this narrow waterway – and curbs on Iran’s nuclear programme – are at the centre of the talks after Tehran’s de facto blockade on oil and gas tankers via the strait pushed up energy prices. Continue reading...
Iran’s plan to extract a $2m payment from tankers using the strait of Hormuz could raise costs for years to comeA second round of peace talks between the US and Iran has begun amid renewed attacks on oil tankers in the strait of Hormuz and a US blockade on Iranian vessels through the crucial trade route.The future of this narrow waterway – and curbs on Iran’s nuclear programme – are at the centre of the talks after Tehran’s de facto blockade on oil and gas tankers via the strait pushed up energy prices. Continue reading...
