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U.S. hits military targets on Iran’s Kharg Island near key oil export hub
A U.S. military operation targeting Iranian facilities on Kharg Island has intensified concern over the safety of commercial shipping i...
Saudi Arabia Reroutes Oil Exports to Red Sea as VLCC Traffic Builds at Yanbu
Saudi Arabia is rapidly shifting crude exports toward the Red Sea as instability around the Strait of Hormuz disrupts tanker traffic in...
Turkish owned vessel cleared to transit Strait of Hormuz amid shipping tensions
A Turkish owned merchant vessel has been allowed to sail through the Strait of Hormuz despite rising security tensions affecting commer...
U.S. Allows Limited Delivery of Russian Oil Already Loaded on Tankers
The United States has issued a temporary authorization allowing Russian crude oil and petroleum products that are already loaded on ves...
Iran Deploys Naval Mines in Strait of Hormuz as Shipping Risks Escalate
Iran has started laying naval mines in the Strait of Hormuz, increasing the risk for commercial shipping in one of the world's most imp...
U.S. considers Jones Act waiver to improve fuel supply and ease rising prices
The United States government is reviewing a possible waiver of the Jones Act as officials look for ways to contain rapidly rising fuel ...
Iran may allow Indian flagged tankers through Strait of Hormuz as first crude carrier reaches Mumbai
India may secure limited passage for its tankers through the Strait of Hormuz after diplomatic contacts with Tehran, according to an In...
Norway bars flagged ships from Strait of Hormuz as security threats to merchant vessels escalate
Norway has ordered ships flying its flag to stay out of the Strait of Hormuz as maritime security risks intensify in the Middle East. T...
U.S. Court Asked to Approve Sale of Tanker Linked to Sanctioned Iranian Oil Shipment
U.S. authorities are asking a federal court to approve the immediate sale of a Skipper tanker linked to the shadow fleet after the vess...
U.S. May Launch Strait of Hormuz Tanker Escorts as Gulf Shipping Disruption Intensifies
The United States could begin escorting commercial oil tankers through the Strait of Hormuz before the end of March, according to Energ...