Iran Is Losing Some of Its Leverage Over the Strait of Hormuz
The flow of crude from the Persian Gulf has recovered to near-prewar levels, but the latest data shows…
US-Iran Diplomacy Drag Global Oil Prices Down
Global crude oil prices experienced a temporary pullback as energy markets balanced recovering Middle East export flows against…
Another Tanker Struck as Hormuz Shipping Crisis Deepens
Yet another tanker has been struck by a projectile in the Strait of Hormuz, the UK Maritime Trade…
Iranian Oil Supply to China Is Rapidly Drying Up
Iranian crude oil cargoes readily available to Chinese buyers have nearly dried up following the reinstated U.S. blockade…
China’s Gulf oil imports rebound in July after Iran ceasefire, but tighter outlook looms
China’s crude imports rebounded in July following a temporary ceasefire in the Strait of Hormuz, though analysts are…
Red Sea shutdown risk looms as US-Iran tensions threaten to send oil prices even higher
As tit-for-tat strikes persist following the collapse of a month-long interim truce between the US and Iran, the…
Tanker transit through Strait of Hormuz plunges as US-Iran ceasefire fractures
The Strait of Hormuz faces a renewed plunge in maritime traffic after the United States ended its ceasefire…
US and Iran negotiations in ‘deadlock’, but ships are finding ways to cross the Strait of Hormuz
Marine traffic observers have revealed hundreds of commercial ships have crossed out of the Strait of Hormuz, often…