By Patrick Sykes, Kateryna Kadabashy and Anthony Di Paola Apr 4, 2026 (Bloomberg) –The Iranian military said major oil producer Iraq is exempt from shipping restrictions in the Strait of Hormuz,…
By Ahmad Ghaddar and Rozanna Latiff LONDON/KUALA LUMPUR, April 5 (Reuters) – An oil tanker loaded with Iraqi crude passed through the Strait of Hormuz close to the Iranian coast, a day…
MOSCOW, April 5 (Reuters) – A cargo ship carrying wheat sank in the Sea of Azov after coming under attack from Ukrainian drones, a Russia-installed official said on Sunday, leaving one person dead and two missing….
By Rakesh Sharma and Mihir Mishra Apr 4, 2026 (Bloomberg) —India is buying crude from Iran among other countries in order to navigate the current energy crisis, the country’s oil ministry…
By Bloomberg News Apr 4, 2026 (Bloomberg) –Russia said drone debris struck a cargo vessel in a bay of the Azov Sea overnight while Moscow’s forces targeted several Ukrainian regions, including…
A small number of merchant vessels have begun edging back through the Strait of Hormuz, offering the first visible signs of movement after weeks of disruption. But far from signalling
Recent U.S. intelligence reports warn that Iran is unlikely to open the Strait of Hormuz any time soon because its grip on the world’s most vital oil artery provides the
The Trump administration has doubled its maritime insurance backstop to $40 billion, expanding a flagship effort to restart commercial shipping through the Strait of Hormuz—even as shipowners continue to largely
Construction of the South Korean company’s expansion of the Clarksville, Tenn., plant, which began in December 2023, is scheduled to be completed in June.
Diesel prices are climbing, ocean vessels are rerouting and U.S. trucking rates are responding as war in Iran ripples through energy and freight markets.
