Topic
shipping-routes
13 stories related to this topic, newest first.
japantimes.co.jpworld12 days ago
Middle East oil producers cut output by more than 11 million barrels per day
Middle East oil producers have reduced daily output by more than 11 million barrels while the Strait of Hormuz remains blocked. The reduction is based on data from the U.S. Energy Information Administration.
AJ
pymnts.comfinance25 days ago
Dallas Fed President Says Oil Consumption Would Fall If Hormuz Shipping Stays Restricted
Dallas Federal Reserve President Lorie Logan said global oil and natural gas use may fall if the Strait of Hormuz does not reopen soon. Iran has limited shipping through the strait for three months amid the U.S.-Israeli conflict with Iran.
world28 days ago
Iranian Academic Describes Regional Goals After Recent Conflict
A Tehran University professor outlined Iranian positions on regional security, shipping fees, and foreign military presence. The comments were shared in a video interview posted on social media.
MA
financialpost.comworld30 days ago
Oil Traders Create Acronym for Strait of Hormuz Outlook
Oil market participants have coined the acronym NACHO to describe expectations that the Strait of Hormuz will remain open. Brent crude prices fell 6 percent during the week despite the outlook.
Financial Timesfinance32 days ago
Oil Prices Fall Nearly 6 Percent After Two Supertankers Cross Strait of Hormuz
Brent crude dropped to about $105 a barrel after two vessels headed for China passed through the Strait of Hormuz. The movement raised expectations that energy shipments from the region could resume.
activistpost.comfinance33 days ago
Citi Projects Strait of Hormuz Closure Through Early 2027 in Oil Shock Scenario
Citi analysts outlined conditions under which the Strait of Hormuz would need to stay closed into early 2027 to replicate the scale of the 1970s oil shock. The projection ties the duration of any closure to the size of the supply disruption.
DE
dohanews.cofinance42 days ago
Qatar Says Maritime Navigation Security Must Not Be Compromised
The Qatari Foreign Ministry stated that maritime navigation security forms a fundamental pillar of security and stability. It added that this security must not be compromised under any circumstances. The statement comes amid ongoing regional tensions affecting key shipping routes…
FI
Substrate placeholder — needs reviewfinance49 days ago
Newspaper Editor-in-Chief Calls for Closing Strait to Certain Shipping in Response to U.S. Actions
A newspaper editor-in-chief advocated for restricting access to a strait for specific shipping routes. This call was made in reaction to actions by the United States. The statement was reported by the newspaper on Saturday.
FI
insidermonkey.comworld51 days ago
Strait of Hormuz Closure Shifts Global Trade to African Routes and Middle East Land Corridors
The Strait of Hormuz has been closed for two months, prompting shipowners to use alternative land routes and reroute vessels around Africa. Congestion builds at ports like Jeddah, while Red Sea tensions exacerbate shifts in global container traffic. Costs and transit times have r…
en.antaranews.compolitics53 days ago
Strait of Malacca Emerges as Key Global Shipping Chokepoint Amid Regional Developments
Attention has shifted to the Strait of Malacca as a critical trade route following a defense partnership announcement between Indonesia and another major power. The strait handles significant portions of global seaborne trade, including oil and consumer goods. Alternative routes…
Substrate placeholder — needs reviewworld69 days ago
Vessel Traffic Through Strait of Hormuz Remains Below Normal Levels
Several vessels have passed through the Strait of Hormuz in the last 36 hours, with traffic at less than 15% of usual inbound and outbound volumes. Most of these vessels followed the Iranian traffic separation scheme near Larak Island. This reduced activity occurs in a key global…
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Substrate placeholder — needs reviewworld73 days ago
Vessel Traffic in Strait of Hormuz Deviates from Main Channel After Ceasefire Announcement
Data from MarineTraffic shows limited container and tanker vessel transits through the Strait of Hormuz since a ceasefire announcement. The few vessels that have passed continue to avoid the main channel by routing north of Larak Island. This pattern indicates ongoing caution in…
SE
Substrate placeholder — needs reviewfinance77 days ago
Suezmax Tanker Carrying Iraqi Crude Transits Strait of Hormuz via Iranian Territorial Waters
A Suezmax oil tanker named Ocean Thunder, loaded with approximately 1 million barrels of Iraqi crude, exited the Persian Gulf through Iranian waters on Sunday morning. The vessel followed a northerly route via Larak Island, marking the use of a designated sea lane within Iranian…
BU
JA