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Celebrating the MoU between Iran and the U.S., President Donald Trump said it was time to start the engines and let the oil flow. Yet one of the biggest challenges facing shipowners and crews lies largely out of sight, beneath the waterline. “Ships are not designed to remain indefinitely idle. Even when stationary, a ship…
Read More “Strait of Hormuz: How months of closure creates challenges for ships” »
Vessels at the Strait of Hormuz, as seen from Musandam, Oman. File | Photo Credit: Reuters Oman said it would keep the Strait of Hormuz open to shipping without imposing any tolls and had designated two temporary routes north and south of the existing shipping lane to facilitate the safe passage of vessels departing the…
Read More “Oman opens temporary Strait of Hormuz shipping routes, says no tolls will be charged” »
National Security Adviser Ajit Doval addresses the BRICS National Security Advisers’ meeting, in New Delhi, Tuesday, June 23, 2026. | Photo Credit: PTI The opening of the Strait of Hormuz is a very welcome move as it will help energy security, National Security Advisor Ajit Doval said on Tuesday (June 23, 2026) while welcoming counterparts…
Read More “Opening of Strait of Hormuz welcome move: NSA Doval at BRICS conclave” »
India’s imports of liquefied petroleum gas (LPG) from the U.S. are set to top 1 million metric tons in June, a record high, industry sources said, as New Delhi turned to costlier suppliers to offset disruption from West Asia. File | Photo Credit: PTI India’s imports of liquefied petroleum gas (LPG) from the U.S. are…
Read More “India’s LPG imports from U.S. set to cross 1 million tons in June, sources say” »
Vessels at the Strait of Hormuz. File | Photo Credit: Reuters Iran’s chief negotiator Mohammad Bagher Ghalibaf said that the Strait of Hormuz will be administered by Tehran, state media reported on Tuesday (June 23, 2026), following talks pushing to end the U.S.-Israeli war on the Islamic republic. Iran and the United States agreed on…
Read More “Iran chief negotiator says Hormuz will be administered by Tehran: state media” »
The Marshall Islands-flagged dry bulk vessel Summit Success also entered the Gulf on Monday (June 22, 2026), LSEG data showed. File (Representational image) | Photo Credit: Reuters Four liquefied natural gas tankers controlled by Qatar were heading into the Strait of Hormuz on Monday (June 22, 2026), despite a fall in ship traffic after Iran…
Read More “Qatar brings LNG tankers into Hormuz despite shipping slowdown” »
India’s crude oil imports from Russia surged in June, while shipments from the United Arab Emirates were near-record levels as refiners sought to secure supplies ahead of the full restoration of flows from Gulf producers following the reopening of the Strait of Hormuz, analysts said. India imported an average of 2.66 million barrels per day…
Read More “India boosts Russian, UAE oil purchases in June ahead of full Hormuz recovery” »
Vessels at the Strait of Hormuz, as seen from Musandam, Oman, on June 18, 2026. | Photo Credit: Reuters Iran’s top joint military command said on Saturday (June 20, 2026) that the Strait of Hormuz would be closed to vessel traffic, citing alleged violations of a ceasefire agreement by the U.S. and Israel, Iran’s Mehr…
Vessels are anchored in the Strait of Hormuz, as seen from Musandam, Oman, on June 19, 2026. | Photo Credit: REUTERS A total of 25 commercial vessels crossed the newly reopened Strait of Hormuz on Thursday (June 18, 2026), the highest number since mid-April, according to data from maritime tracking firm AXSMarine published on Friday….
Read More “Hormuz ship crossings spike after U.S.-Iran deal to end war, says marine tracker” »
Vessels at the Strait of Hormuz, as seen from Musandam, Oman on June 18, 2026. | Photo Credit: REUTERS Oil prices fell on Friday (June 19, 2026) as prospects brightened for more supply after oil tankers began moving through the reopening Strait of Hormuz following a peace deal between the United States and Iran. By…
Read More “Oil falls as supply moves through Strait of Hormuz after Iran war pact” »