Keywords: Oil trade
Iranian oil exports are facing an unprecedented situation. For nearly seven weeks, no significant volume of Iranian crude has reportedly left the country through the Strait of Hormuz, according to information available as of September 1, 2026. This interruption occurs in the context of an American naval......
QatarEnergy is adapting its commercial strategy in response to the deteriorating navigation conditions in the Strait of Hormuz. The Qatari energy group launched a new tender this week to sell al-Shaheen and Qatar Marine crude with ship-to-ship (STS) transfers conducted outside the strait, according to......
Spain, the world's leading producer of olive oil, has significantly increased its purchases from Morocco in the first half of 2026. The volumes imported remain modest on the scale of the Spanish market, but their year-on-year growth is remarkable and illustrates the evolution of trade between the two......
Iran’s parliament has taken a new step toward regulating maritime traffic through the Strait of Hormuz, with a parliamentary committee approving a provision that would allow authorities to charge fees for services provided to vessels permitted to pass through the strategic waterway. The National......
Three oil tankers linked to the United Arab Emirates’ state-owned energy company Adnoc were targeted within 24 hours while attempting to transit the Strait of Hormuz, escalating tensions around one of the world's most strategically important maritime routes. The United Arab Emirates has blamed......
US President Donald Trump said Wednesday that the United States has “total control” of the Strait of Hormuz and intends to maintain that position, issuing a forceful statement as tensions with Iran remain high. In a message published on his Truth Social account, Trump portrayed the US naval......
European aviation markets are facing increasing concerns over potential jet fuel shortages as geopolitical tensions in the Middle East raise uncertainty about shipping through the Strait of Hormuz, one of the world's most important energy trade routes. Industry estimates suggest that Europe could......
China’s refining giant Hengli Petrochemical has significantly reduced its refining activity after cancelling large volumes of crude oil purchases from West Africa and the Middle East, according to sources familiar with the matter. The decision reportedly affects at least 6 million barrels of crude,......
The United Arab Emirates has announced plans to accelerate the construction of a new oil pipeline designed to reduce dependence on the strategically important Strait of Hormuz, a vital maritime route for global energy supplies. Authorities in Abu Dhabi confirmed that the project will help strengthen......
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