Middle East Oil, LNG Shipments Continue Despite Hormuz Tensions
Middle Eastern producers are continuing to load oil and liquefied natural gas (LNG) despite recent ship attacks in the Strait of Hormuz and renewed US -Iran strikes.
Strait of Hormuz | Egypt Oil & Gas - Part 2
Hormuz Shipping Recovery Likely Weeks Away, Mitsui CEO Says
Shipowners are expected to delay resuming transit through the Strait of Hormuz for several weeks until they are assured that the recently announced US -Iran agreement is effectively implemented on the ground, acco ...
Oil Markets Reassess Gulf Supply Losses Amid Hormuz Disruptions
Oil markets continue to reassess the impact of the conflict with Iran following Tehran's declaration that the Strait of Hormuz was "closed," even as evidence suggests Gulf crude oil exports have sustained momentum ...
Iran, Oman to Cooperate on Strait of Hormuz Management
Iran has announced that it is moving forward with plans to coordinate with Oman on the administration of the Strait of Hormuz, one of the world’s most important oil transit routes.
OPEC+ Set to Approve Further Output Hike for July Despite Ongoing Supply Disruptions
OPEC+ oil-producing countries are expected to approve an additional increase in their production target for July during their upcoming meeting on Sunday, three sources told Reuters, even as geopolitical tensions a ...
Global Supply Shocks Drive Record US Crude Exports
US crude oil exports surged to an all-time high of 5.6 million barrels per day (mmbbl/d) in May, as Asian and European refiners increased purchases to offset supply disruptions triggered by the war between the US ...
UAE to Double Oil Exports by 2027 With New Fujairah Pipeline Bypassing Hormuz
The UAE will accelerate construction of a new oil pipeline to the port of Fujairah, aiming to double export capacity by 2027, according to the Abu Dhabi Media Office. Crown Prince Sheikh Khaled bin Mohamed bin Zay ...
Kuwait Anoounces Force Majeure on Oil Exports
Kuwait has moved to protect its contractual obligations after disruptions to tanker traffic in the Strait of Hormuz forced it to suspend part of its oil export commitments.
Kuwait Petroleum Corporation (KPC) ...
Qatari LNG Cargoes Move Toward Strait of Hormuz After Reopening
Five liquefied natural gas (LNG) tankers loaded at Qatar’s Ras Laffan terminal are heading toward the Strait of Hormuz, marking a potential resumption of shipments through the key waterway following its reopening ...
Third Iran-Linked Tanker Records Transit Through Strait of Hormuz
Shipping data recorded on April 14 showed that a third Iran-linked tanker was transiting the Strait of Hormuz on the first full day of the US blockade on vessels calling at Iranian ports. US President Donald Trump ...
