Strait of Hormuz | Egypt Oil & Gas - Part 2
Saudi Arabia Reroutes Crude Exports After East-West Pipeline Attack
Saudi Arabia is reducing crude shipments to Europe while offering additional volumes to Asian refiners through ship-to-ship transfers off Oman’s Sohar port after drone attacks damaged its key East-West oil pipeline, a...
ADNOC Secures Iraqi Crude at Steep Discounts
Abu Dhabi National Oil Company (ADNOC) has agreed to buy up to 72 million barrels (mmbbl) of Iraqi crude for August and September at steep discounts, Reuters reported, citing Iraqi sources. ADNOC agreed to purchase 32...
Iran to Announce Temporary Strait of Hormuz Shipping Lane Agreement
Iran plans to present Gulf nations with an agreement reached with Oman on a temporary shipping lane through the Strait of Hormuz on Monday, as Tehran and regional states seek to ease shipping disruptions, Bloomberg re...
Saudi Arabia Shuts East-West Oil Pipeline After Drone Attack
Saudi Arabia has temporarily shut its East-West oil pipeline after a drone attack, cutting a key route the kingdom has used to bypass shipping disruptions through the Strait of Hormuz, according to Reuters. The 1,200-...
UAE Boosts Clean Energy, Trade Routes Amid Hormuz Crisis
The United Arab Emirates (UAE) is expanding ports, pipelines, railways, and alternative trade corridors to reduce its reliance on the Strait of Hormuz and safeguard energy exports and trade amid the ongoing US-Iran co...
Strait of Hormuz Ship Traffic Remains Well Below Average Amid Ongoing Regional Tensions
Ship traffic through the Strait of Hormuz remains significantly below normal levels, with only five commodity vessels crossing the key energy chokepoint on August 25, well below the 10-day average of 15 crossings acco...
Indian Refiners, Global Energy Major Halt Use of Iran-Blacklisted Ships
At least three Indian oil refiners and a global energy major plan to stop using vessels placed on Iran’s new blacklist, including for ship-to-ship (STS) transfers, due to security concerns, four sources familiar with ...
Iran Authorizes Iraqi Oil Tankers to Transit Strait of Hormuz
Iran has allowed a number of Iraqi oil tankers to transit the Strait of Hormuz after Baghdad repeatedly sought permission through multiple channels, Reuters reported, citing Iran’s state-run Islamic Republic News Agen... 
