Hormuz Strait
Russian oil unexpectedly in high demand as Iran war squeezes supply
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Russian oil and gas demand suddenly surged as Iranian war disrupts energy flow through the Strait of Hormuz to the world.
US announces $20 billion insurance package for oil tankers passing through the Strait of Hormuz
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The US announced a $20 billion ship reinsurance program to restore energy and freight transportation that is paralyzed in the Persian Gulf.
Hormuz Strait paralyzed, China negotiates separately with Iran
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China is secretly negotiating with Iran to ensure that oil and LNG tankers can safely travel through the Strait of Hormuz.
Iran announces missile launch to burn US oil tanker
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Iran claims to have attacked a US oil tanker in the Persian Gulf, threatening to block all ships linked to the US or Israel through the Strait of Hormuz.
Hormuz Strait congested, Aramco activates another route to export 5 million barrels of oil/day
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Aramco Group - the world's largest oil exporter - is planning to export oil through the Red Sea to avoid the Strait of Hormuz.
US deploys 12 warships, ready to escort oil tankers through the Strait of Hormuz
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Mr. Trump declared that the US Navy can escort oil tankers through the Strait of Hormuz, supporting political risk insurance to stabilize the global energy market.
Hormuz Strait closed, Russian LNG has a chance to take the upper hand
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Russian LNG is forecast to benefit in Asia in the context of the Hormuz Strait being closed due to the US-Iran conflict.
European gas prices forecast to reach $600 as Iran closes the Strait of Hormuz
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European gas prices could skyrocket to $600/1,000m3 even though Iran may only close the Strait of Hormuz for a short time.
Iran blockades the Strait of Hormuz
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The Strait of Hormuz unexpectedly fell into an unprecedented spiral of tension as Iran announced its closure and threatened to attack all ships trying to cross.
Iran still has a strategic card that could strike at the US
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Iran still holds in its hands an unofficially used strategic card of paralyzing the Strait of Hormuz, which could lead to a shock to gasoline and oil prices in the US.
Oil tanker paralyzed in the Strait of Hormuz, Russia warns of global oil shock
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At least 3 oil tankers were damaged, more than 200 ships anchored in the tense Hormuz Strait due to Iranian war, while Russia warned of a global oil price shock.
Oil tanker raided near the Strait of Hormuz amid escalating conflict
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Oman said the oil tanker was attacked off the coast of northern Oman.
Hormuz Strait paralyzed after Iran airstrike, oil prices jump more than 8%
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Oil transportation has almost been temporarily suspended in the Strait of Hormuz, which connects the Persian Gulf with international waters after the US and Israel attacked Iran.
Iran closes the Strait of Hormuz for the first time after more than 40 years
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Iran for the first time announced the temporary closure of the Strait of Hormuz since the 1980s amid tensions with the US.
US intelligence discovers strange actions of Iran in strategic Strait
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US intelligence has warned Iran of unusual actions in the Persian Gulf, possibly to blockade the Hormuz Strait.