Keywords: Global energy markets
Global fuel markets could face renewed pressure as disruptions affecting diesel supplies begin to spill over into gasoline markets, with geopolitical tensions and reduced shipping activity through the Strait of Hormuz adding to concerns over energy availability. Goldman Sachs expects gasoline prices......
Shipping traffic through the Strait of Hormuz has declined sharply, raising renewed concerns about the stability of one of the world’s most important energy corridors and the potential impact on global oil and gas supplies. Shipping data released Wednesday showed that only four vessels passed......
U.S. President Donald Trump has said oil shipments passing through the Strait of Hormuz have almost recovered to the levels recorded before the latest escalation with Iran, pointing to a significant improvement in commercial traffic through the strategically important waterway. In a post on his Truth......
Only six commercial vessels crossed the Strait of Hormuz on Wednesday, according to preliminary shipping data, highlighting the continued disruption affecting one of the world's most important maritime energy routes. Data from shipping intelligence company Kpler, recorded as of 04:05 GMT on Thursday,......
U.S. military forces have diverted 86 commercial vessels and stopped three others since Washington imposed a blockade on Iranian ports in mid-July, according to U.S. Central Command (CENTCOM). In a statement published on X, CENTCOM said that as of September 2, American forces had redirected 86 commercial......
U.S. President Donald Trump has floated the idea of renaming the Strait of Hormuz the “Trump Strait” after claiming that the United States has gained control over the strategically vital waterway. In a post on his Truth Social platform, Trump asked whether the strait should be renamed now......
U.S. President Donald Trump has announced a new oil agreement with Venezuela that he says will give American interests majority control over more than 65 billion barrels of the country’s proven oil reserves. Trump announced the deal on Friday through his Truth Social account, describing it as......
Only six cargo vessels crossed the Strait of Hormuz on Tuesday, according to maritime tracking data, marking the lowest daily level recorded in several weeks as security concerns continue to discourage shipowners from using the strategic waterway. Data from maritime intelligence firm Kpler showed that......
The International Energy Agency (IEA) has reported that its member countries have released approximately 290 million barrels of oil from strategic reserves as part of an emergency response aimed at easing pressure on global energy markets. The move comes amid heightened geopolitical uncertainty and......
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