China’s once significant oil imports from Iran have been impacted by the war in the region and increasing US sanctions.
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As Houthi strikes disable its Red Sea bypass, Riyadh appears to be shuttling Persian Gulf crude through offshore transfers near Oman borrowing an Emirati tactic without the sovereign infrastructure…
Diesel has been the star of the show in oil markets since the Iran war began. The post Diesel still ripping higher than the rest of the barrel; here’s why appeared first on FreightWaves .
US President Donald Trump threatened Iran and its trading partners with economic isolation after months of military strikes and a maritime blockade failed to force Tehran to capitulate.
Everllence has completed the signing of a significant contract with a Turkish shipyard within the high-speed segment. The contract comprises 16 × 175D...
By Lori-Ann LaRocco – The strong undertow of political bluster, a lack of data, vessel attacks and the political calendar have transformed the flow of trade in the Middle East....
A U.S.-sanctioned product tanker has been hijacked in the Gulf of Aden and redirected toward Somalia after six armed men boarded and seized control of the vessel, marking the second...
The Morning Manifest
One briefing, every morning at 07:00 Riyadh time — the cargo and freight stories that matter across the Kingdom and the region.
