Strait of Hormuz Shipping Traffic Picks Up Again as Oil Route Remains Fragile

US targets Mexican cartel fuel smuggling

The US has moved to disrupt a cartel-linked fuel smuggling network using logistics companies, falsified customs documents and maritime transport to move illicit hydrocarbons between the US and Mexico. The Department of the Treasury’s Office of Foreign Assets Control and the Financial Crimes Enforcement Network announced sanctions and a new alert targeting schemes linked to

Oil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-Turns

Oil and gas shipping along a US-protected corridor in the Strait of Hormuz showed signs of recovering Sunday, a day after a batch of vessels performed unexplained U-turns and detours in the vital energy corridor.

Oil Market Calm Is Shattered by Fresh Hostilities

The latest cracks in the cease-fire between the United States and Iran have jolted an oil market that in recent weeks seemed to think durable peace between the countries was within reach. By midday Wednesday, international oil prices were approaching 80 a barrel, their highest level in weeks, after President Trump said the temporary truce []

Tsleil-Waututh Nation files court challenge against Burrard Inlet dredging plan

The dredging work near the Second Narrows Bridge would allow oil tankers travelling to Trans Mountain's Burnaby terminal to carry more oil.

JUST IN: Oil tanker traffic through the Strait of Hormuz is reportedly increasing.

JUST IN: Oil tanker traffic through the Strait of Hormuz is reportedly increasing.@BRICSNews

Tanker traffic through Strait of Hormuz picks up as markets monitor U.S.-Iran talks

London, June 23 (SANA) Oil tanker traffic through the Strait of Hormuz showed signs of recovery on Monday, although shipping risk premiums remained largely unchanged as uncertainty persisted over the outcome of ongoing U.S.-Iran negotiations. According to Reuters, shipping data indicated that several oil and liquefied natural gas (LNG) tankers transited the strategic waterway, one []

Commodities: Oil Bounces On Persian Gulf Re-Escalation

Commodities: Oil Bounces On Persian Gulf Re-Escalation

Marco Rubio Rejects Iran Tolls On Hormuz As Deal Strains Multiply

Iran War: An Iranian blockade early in the war choked maritime traffic through the strait, sending global oil prices surging, but crossings have begun rising since the deal was signed.

Hormuz tanker traffic grinds to a halt

Ship traffic traveling through the Strait of Hormuz has ground to a halt since President Donald Trump called the ceasefire between the United States and Iran “over.” The Strait of Hormuz is a major world oil shipping hub. Located between the Persian Gulf and the Gulf of Oman, control over the strait is currently being []

Oil prices slip as US–Iran talks cloud Strait of Hormuz outlook

Tanker movement resumes, signaling partial recovery in oil shipping flows. The post Oil prices slip as US–Iran talks cloud Strait of Hormuz outlook appeared first on BOL News.

President Sheinbaum Announces New Mexican Oil Commerce Strategy with Cuba

Mexico’s President Claudia Sheinbaum announced this Monday a commercial plan to resume oil trade with Cuba using private companies to bypass unilateral foreign sanctions. The Mexican head of State explained during a press conference that this initiative is designed strictly as a commercial exchange rather than humanitarian aid. The strategy leverages the recent economic transformations []

Oil and Gas Tankers Turn Back From Strait of Hormuz After Fresh Vessel Attacks

The Strait of Hormuz remains the world’s most critical oil shipping route, carrying roughly one fifth of global oil and a significant share of liquefied natural gas exports. Shipping through the waterway has faced repeated disruptions since the Iran United States conflict erupted earlier this year, with attacks on commercial vessels, military strikes and growing [] The post Oil and Gas Tankers Turn Back From Strait of Hormuz After Fresh Vessel Attacks appeared first on Modern Diplomacy.

The Strait of Hormuz's future is unsettled even as more ships venture through

Ship traffic has picked up in the Strait of Hormuz since Iran and the U.S. signed an interim deal to end a war that's constricted global oil supplies.

Gibraltar proposes tip-off hotline as solution to unexpected treaty problem – how to stop cross-border food deliveries

GIBRALTAR might just have to contend with a brand new form of smuggling once the frontier opens up – cross-border food deliveries. One of the more perplexing obstacles that treaty

Hormuz closure strands almost 1,200 cargo ships with $125bn worth of goods

‘Unprecedented’ blockade of the strait raises concerns about the future of global maritime trade, says insurer Allianz

Oil Is Flowing Out of the Gulf. Everything Else Is Up in the Air

Oil Is Flowing Out of the Gulf. Everything Else Is Up in the Air

Laluan kapal di Selat Hormuz lebih banyak banding sebelum perjanjian damai

PARIS: Trafik maritim di Selat Hormuz pada Isnin terus bergerak pada kadar yang lebih banyak berbanding sebelum perjanjian antara Amerika Syarikat (AS) dan Iran untuk mengadakan rundingan menamatkan perang di Asia Barat, menurut syarikat pemantauan perkapalan, meskipun Teheran mengumumkan penutupan semula laluan strategik itu. “Data terkini menunjukkan pemulihan trafik yang berhati-hati tetapi jelas selepas memorandum ... Read more The post Laluan kapal di Selat Hormuz lebih banyak banding sebelum perjanjian damai appeared first on Utusan Malaysia.

Bloomberg: Near-complete halt in maritime traffic through the Strait of Hormuz

WASHINGTON, July 09 (YPA) – The US news agency “Bloomberg” reported that maritime traffic through the Strait of Hormuz experienced an almost complete halt on Thursday, according to vessel tracking data. It said that movement was limited to a shipping lane operated by Iran along the northern side of the strait, while the Omani passage []

Indian Navy secures safe passage for crude oil tanker Omega Trader carrying 15 Indian crew

New Delhi [India], July 8 (ANI): The Government of India and the Indian Navy have secured the safe passage of the crude oil tanker Omega Trader, which is carrying 23 crew members, including 15 Indian nationals, amid heightened tensions in the Strait of Hormuz, government sources said on Tuesday.According to the sources, the vessel has a total crew of 23, comprising 15 Indians and eight Filipino nationals.

Strait of Hormuz transit gradually accelerates, easing high shipping costs

Surging freight rates, insurance costs, risk premiums hit global maritime transport market throughout the year, says sector representative

Tankers Reverse Course Through Strait Of Hormuz As Iran Escalates Passage Tensions

Tanker traffic through the Strait of Hormuz is showing signs of serious disruption, with multiple vessels making abrupt course reversals in recent days. At least eight oil tankers and LNG carriers made unexplained U-turns near the Omani coast on Friday and Saturday while outbound from the Persian Gulf, according to vessel-tracking data compiled by Bloomberg. [] The post Tankers Reverse Course Through Strait Of Hormuz As Iran Escalates Passage Tensions appeared first on Foreign Policy Journal.

What’s the status of Strait of Hormuz after US-Iran talks?

Oil tankers continued to transit the strait in both directions, but many turned off their transponders over the weekend after Iran's military declared Hormuz closed once again.

Ticking Time Bomb in the Gulf: Cargo Brokers Warn Dangerous Escalation Is Looming Despite Record Surge in Global Shipping Traffic

Commercial shipowners face a dangerous trap as the United States and Iran issue completely contradictory navigation rules for the newly reopened Strait of Hormuz.

Oil price falls back to pre-Iran war levels

Signs that traffic through the key Strait of Hormuz shipping route is gradually resuming has helped to push the oil price down.

Lagos: How tankers keep bringing Apapa to standstill

Every day, thousands of trucks conveying petrol, diesel, aviation fuel and other petroleum products converge on the Apapa axis The post Lagos: How tankers keep bringing Apapa to standstill appeared first on Vanguard News.

Strait of Hormuz ship traffic hits near-standstill amid US strikes — Bloomberg

According to the report, vessel traffic is seen only in the northern part of the strait off the Iranian coast along the so-called northern corridor, a shipping route approved by Tehran

Sanctions Lifted: Iran Selling Oil 20% More Expensive — Ghalibaf

Iranian Parliament Speaker and chief negotiator Mohammad Bagher Ghalibaf has confirmed that oil exports are flowing again following the lifting of sanctions, with Tehran selling crude at prices 20 higher than before.

[Photo] 🇮🇷❌🇺🇸 — The Persian Gulf Strait Authority (PGSA) states that transit through the Stra [...]

— The Persian Gulf Strait Authority (PGSA) states that transit through the Strait of Hormuz is currently not possible. The PGSA adds that when the Strait eventually reopens, valid permits will only be obtainable through the PGSA.@IntelSlava

Hormuz peace deal shaken after reported IRGC attack on cargo ship, oil prices jump

Crude oil prices edged higher and caught global markets flat-footed on Thursday after Iran’s Islamic Revolutionary Guard Corps attacked a Singapore-flagged cargo ship in the Strait of Hormuz, according to a report from the Wall Street Journal, citing two senior U.S. officials. The incident blindsided investors who had expected a period of cooling geopolitical tensions. []...Click to read more

Oil Tanker Traffic Through Strait of Hormuz Nearly Grinds to Halt

Oil tanker traffic through the Strait of Hormuz has slowed to near standstill after renewed military escalation between the United States and Iran heightened security risks in one of the world's most critical energy shipping corridors.

Oil prices rise amid uncertainty over US-Iran talks

Oil prices rise amid uncertainty over US-Iran talks Oil prices rose on Sunday as traders assessed the implications of ongoing US-Iran negotiations and the durability of the ceasefire between the two countries. According to Reuters, Brent crude futures climbed by 1.09, or 1.35 percent, to 81.66 a barrel by 22:06 GMT, after reaching an early session high of 82.30. The increase came amid continued uncertainty over future oil supplies and the outcome of diplomatic talks. Oil prices had fallen last week after several tankers successfully transited the Strait of Hormuz, easing concerns about disruptions to one of the world's most important energy shipping routes. However, market participants remain cautious as negotiations continue and questions persist over the long-term stability of the agreement.

Trump Says Strait of Hormuz Remains Open; Netanyahu Says US Ready to Use Force if Iran Breaks Commitments

WASHINGTON, July 12: U.S. President Donald Trump said Sunday that the Strait of Hormuz remains open to commercial shipping, amid continued tensions in the Gulf and concerns over ma...