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LN24 > Blog > GLOBAL ENERGY MARKETS
08
Jun

EU Sanctions Iranian Officials and IRGC Unit Over Disruption of Maritime Traffic in Strait of Hormuz

  • LN24 / 1 week
  • 0
  • 4 min read

The European Union has imposed sanctions on two Iranian individuals and a unit of Iran’s Islamic Revolutionary Guard Corps (IRGC), accusing them of threatening freedom of navigation in the strategically vital Strait of Hormuz, a move that marks the first use of the bloc’s newly expanded sanctions framework targeting maritime disruptions. The sanctions were announced […]

21
May

Iran Tightens Grip on Strait of Hormuz Through Checkpoints, Diplomatic Pacts and Passage “Fees”

  • LN24 / 4 weeks
  • 0
  • 5 min read

Tehran Expands Its Influence Over a Critical Global Shipping Route Iran is rapidly consolidating its control over the strategically vital Strait of Hormuz, introducing a growing system of island checkpoints, diplomatic clearance agreements and in some cases unofficial “security fees” for ships seeking safe passage through one of the world’s most important oil transit routes. […]

20
May

Russia Approves Law Allowing Drones to Be Shot Down Over Caspian Sea Oil and Gas Facilities

  • LN24 / 4 weeks
  • 0
  • 4 min read

Moscow Tightens Security Around Strategic Energy Infrastructure Russian lawmakers have approved new legislation permitting drones to be intercepted and destroyed near offshore oil and gas facilities in the Caspian Sea, as Moscow moves to strengthen protection of critical energy infrastructure amid rising regional security threats. The law, signed this week by Russian President Vladimir Putin, […]

08
May

Trump says Ceasefire Still Holds after Fighting between the US and Iran Flares

  • LN24 / 1 month
  • 0
  • 3 min read

A fragile ceasefire between the United States and Iran came under renewed strain on Thursday after fresh fighting erupted in and around the Strait of Hormuz, but President Donald Trump insisted the truce remains in place. The flare-up marked the most serious test yet of the month-old ceasefire, raising fresh concerns over regional stability, oil […]

19
Mar

U.S. Weighs Sending More Troops as Iran War Enters Possible New Phase

  • LN24 / 3 months
  • 0
  • 3 min read

In WASHINGTON the Biden administration is actively considering deploying thousands of additional U.S. troops to the Middle East as the conflict with Iran enters a potentially new and more intense phase, according to U.S. officials and sources familiar with the planning. Officials speaking on condition of anonymity said that strategic military options are being evaluated […]

16
Mar

Gulf Importers Race to Reroute as Hormuz Closure Jolts Supply Chains

  • LN24 / 3 months
  • 0
  • 4 min read

Importers across the Gulf are scrambling to reroute shipments of food, medicines and industrial goods after the closure of the Strait of Hormuz triggered one of the most severe supply chain disruptions in decades. The shutdown of the narrow waterway a critical passage linking the Persian Gulf to global shipping lanes has effectively halted a […]

05
Mar

India’s MRPL Shuts Refining Units Due to Oil Shortage, Sources Say

  • LN24 / 3 months
  • 0
  • 2 min read

New Delhi/Singapore India’s state‑owned Mangalore Refinery and Petrochemicals Ltd (MRPL) has temporarily shut down a crude oil processing unit and several secondary units at its 300,000 barrels‑per‑day refinery in Mangaluru due to a shortage of crude oil supplies, three sources with direct knowledge of the situation said on Thursday. The closures, which began Wednesday evening, […]

05
Mar

Iran Could Disrupt the Strait of Hormuz with Drones for Months, Raising Global Energy Concerns

  • LN24 / 3 months
  • 0
  • 4 min read

Iran could potentially disrupt shipping through the strategically vital Strait of Hormuz for months using waves of drone attacks, according to military analysts and intelligence officials, raising fears of prolonged instability in global energy markets. The warning comes as tensions escalate across the Middle East following recent strikes by the United States and Israel on […]