US Treasury Secretary Scott Bessent on Tuesday said that the Strait of Hormuz would become obsolete within two years as alternative oil routes would bypass the strategic waterway, Anadolu reports.…
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Two supertankers carrying Saudi oil were struck by unknown projectiles within minutes of each other while transiting outbound through the Strait of Hormuz late on Monday, according to shipping…
US attacks Jiroft airport, civilian targets in Hormozgan and Qeshm: Iranian media Iran’s IRIB broadcaster reported on Tuesday a US attack on an airport in Iran’s southeastern Jiroft county. IRIB also…
A deep-sea vessel from Turkiye joined the search on Tuesday for 20 people missing for two days.
Several explosions were heard east of Iran’s southern port city of Bandar Abbas in Hormozgan province on Tuesday, state media reported. More than five explosions were heard around Masan village on…
According to Sergey Ivanov, Director at MABUX, the global bunker market in August was shaped primarily by Middle East geopolitical developments, crude oil volatility, tight distillate and low-sulphur…
Iran continues to apply pressure on the Strait of Hormuz despite the U.S. assertions that the shipping lane is open. On Monday night, it attacked two...
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.
