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LN24 > Blog > oil shipping
09
Oct

US Imposes Fresh Sanctions on Iran’s Shadow Fleet

  • LN24 / 3 days
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  • 3 min read

The United States has imposed fresh sanctions on Iran’s so-called shadow fleet, targeting individuals, networks and 17 vessels accused of transporting Iranian crude oil, petroleum products and petrochemicals. The latest measures are part of Washington’s escalating economic campaign against Tehran and come as tensions between the two countries remain high. Sanctions Target Iran’s Oil Shipping […]

08
Oct

Hormuz Shipping Falls to Two-Month Low as Tanker Attacks Intensify

  • LN24 / 4 days
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Shipping traffic through the Strait of Hormuz has fallen to its lowest level in more than two months after a sharp increase in tanker attacks raised fresh concerns about the safety of the strategic energy corridor. Vessel Traffic Drops Sharply Data from shipping analytics firm Kpler showed that only seven commodity vessels passed through the […]

Oil Nears $100 As Fresh Middle East Strikes Raise Supply Risks 
09
Sep

Oil Nears $100 As Fresh Middle East Strikes Raise Supply Risks 

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Brent Crude Approaches Key $100 Threshold as Escalating Regional Conflict Threatens Energy Supplies Oil prices are surging toward $100 a barrel, with renewed military attacks across the Middle East raising fears of further disruption to regional energy supplies and shipping routes. Brent crude futures rose 1.3% to $99.22 a barrel by 0614 GMT on Wednesday, […]

IRAN AND OMAN NEAR HORMUZ SAFE SHIPPING DEAL
07
Sep

Tehran Says Temporary Shipping Corridor Agreement Is in Final Stages as Regional Tensions Continue

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Iran and Oman are nearing an agreement on a temporary safe shipping corridor through the strategically vital Strait of Hormuz, with Tehran saying negotiations between the two coastal states have entered their final stage. Iranian Foreign Ministry spokesman Esmail Baghaei said Monday that discussions with Oman had been serious and productive. He said a joint […]

Threat Follows Strait of Hormuz Closure and Renewed U.S. Blockade
15
Jul

Threat Follows Strait of Hormuz Closure and Renewed U.S. Blockade

  • LN24 / 3 months
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IRGC Warns Additional Export Corridors Could Be Closed Threat Follows Strait of Hormuz Closure and Renewed U.S. Blockade Iran’s Islamic Revolutionary Guard Corps has threatened to close additional strategic export corridors that it says benefit the United States and its allies, according to Iranian media reports. The warning comes after Iran’s reported closure of the […]

26
Jun

Rubio Says Gulf States Oppose Strait of Hormuz Transit Tolls

  • LN24 / 4 months
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  • 4 min read

U.S. Secretary of State says regional allies reject any proposal to charge ships for using one of the world’s busiest energy corridors U.S. Secretary of State Marco Rubio has said Gulf Arab states are united in opposing any proposal to impose transit tolls on commercial vessels using the Strait of Hormuz, underscoring Washington’s determination to […]