The Iran-Oman Strait of Hormuz initiative stirred some optimism last week of renewed traffic through the waterway sometime soon. But Iran’s recent, escalated, list of demands of the US – including a…
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A political controversy is swirling after the attack on a small deck cargo ship that killed at least six people and injured as many as 10 others from...
CMA CGM and MSC have announced new Panama Canal-related charges for shipments from Asia to the US East Coast and US Gulf. Both updates cover container services transiting the Panama Canal. However,…
Trump administration officials have said oil shipments through the Strait of Hormuz are rising, but maritime traffic remains diminished.
Pentagon tells Congress US killed 153 civilians in Yemen air strikes Submitted by MEE staff on Wed, 08/12/2026 - 19:33 The Houthis have resumed attacks on vessels in the Red Sea despite enduring…
The Trump administration’s third “Big Beautiful” offshore oil and gas lease sale generated $82.7 million in high bids Wednesday, marking a rebound from a weak March auction but remaining well...
Diesel prices are hitting “insane” levels at $180/barrel wholesale, and a Gulf hurricane could mean “apocalyptic numbers” past $200, warns Gulf Oil’s Tom Kloza. He breaks down the unprecedented…
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