Strait of Hormuz | Egypt Oil & Gas

Iran Allows Two Indian LPG Carriers Through Strait of Hormuz Amid Blockade

Iran has permitted two Indian-flagged liquefied petroleum gas (LPG) carriers to pass through the Strait of Hormuz, sources with direct knowledge said to Reuters, marking a rare exception to Tehran’s blockade that ...

Iranian Crude Flows Through Hormuz as Gulf Exports stall

Iranian crude oil has kept flowing through the Strait of Hormuz at near-normal levels, despite Tehran-linked attacks on ships that have slashed exports from other Gulf nations, according to a Reuters analysis of t ...

Putin Warns Russia Could Halt Gas Supplies to Europe Amid Iran Crisis

President Vladimir Putin warned that Russia may halt gas supplies to Europe as energy prices surge following the escalating crisis involving Iran. Speaking on March 4, Putin said the possibility was being consider ...

Oil Tanker Crosses Strait of Hormuz Amid Ongoing Regional Disruptions

An oil tanker has navigated the Strait of Hormuz on route to the United Arab Emirates (UAE) to lift crude oil, marking one of the few voyages through the strategic waterway since regional hostilities disrupted shi ...

Brent Climbs Above $78 Amid Gulf Tensions, Shipping Disruptions

Global oil prices climbed sharply as escalating tensions in the Middle East and disruptions to shipping through the Strait of Hormuz heightened fears of supply shortages, pushing crude benchmarks to their highest ...

Iran Blocks Strait of Hormuz

Iran has been sending radio signals to ships stating that no vessel is allowed to pass through the Strait of Hormuz, according to Reuters. Ships navigating near the waterway have received very high frequency (VHF) ...

Oil Prices Surge, LNG Supplies at Risk if Strait of Hormuz Closes: IEA Report

The International Energy Agency (IEA) stated in a report that any disruption to transit flows in the Strait of Hormuz (SoH) would have significant consequences for global oil and LNG markets. The report, issued in ...

Brooge Energy Subsidiary Contemplating New Senior Secured Bond Issue

Brooge Energy Limited, a midstream oil storage and Service provider in the United Arab Emirates (UAE), has announced its intention to invest up to $325 million in the Nordic bond market.

Saudi Arabia to Expand Pipeline as Alternate Export Route

Saudi Arabia plans to increase the capacity of the East-West Pipeline by 40% within two years in order to avoid exporting oil through the Strait of Hormuz.

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