3+ day, 5+ hour ago   (191+ words) Authorities have reported the hijacking of a cargo ship by suspected pirates off the coast of Yemen on Thursday, September 10. The vessel, which has been identified by UK Maritime Trade Operations (UKMTO) as the Greek-owned, Saint Vincent and Grenadines-flagged bulk…...

3+ day, 12+ hour ago   (498+ words) Oil prices jumped six per cent on Thursday, with both major benchmarks trading at over $100 a barrel as the biggest spike in attacks on shipping since the Iran war began fed worries among traders about further disruptions to already tight…...

3+ day, 12+ hour ago   (734+ words) The lightning Houthi advance down Yemen's Red Sea coast this week came with direct guidance from Iran's Revolutionary Guards seeking to open a new front in Iran's war with the US, according to Yemeni Government, Iranian and regional sources. By…...

3+ day, 19+ hour ago   (813+ words) Asia's crude oil industry has a good idea of how to end the current crisis created by the Iran conflict. But they also know their wish is unlikely to be granted and they are hunkering down for an extended disruption…...

3+ day, 20+ hour ago   (181+ words) Vessel transits at the Strait of Hormuz fell slightly on Wednesday to seven, compared with the previous day's 12, preliminary shiptracking data showed on Thursday, with levels also lower than the 10-day average of 14. Out of these seven, four vessels exited…...

3+ day, 20+ hour ago   (558+ words) Iran's capture of a US military underwater drone gives Tehran an opportunity to study and potentially reverse engineer the vessel, delivering a setback for the Pentagon and drone maker Anduril. The US military and Anduril have downplayed the significance of…...

4+ day, 20+ hour ago   (326+ words) Iran's Revolutionary Guards said on Tuesday it had captured a US uncrewed submarine at the entrance to the Strait of Hormuz, offering a rare glimpse into how underwater drones are being used in military operations. Iranian state media said the…...

4+ day, 21+ hour ago   (191+ words) Six commodity vessels transited the Strait of Hormuz on Tuesday, down from nine a day earlier and below the 10-day average of about 12, preliminary shipping data showed on Wednesday. The figures could change as some ships typically switch off their…...

4+ day, 12+ hour ago   (234+ words) Oil vessel transit costs through the Strait of Hormuz have escalated significantly after the Iran war, led by a sharp climb in additional war risk premiums and cargo insurance costs, an executive from Emirates National Oil Company (ENOC) said on…...

4+ day, 21+ hour ago   (494+ words) South Korean President Lee Jae Myung and French President Emmanuel Macron discussed cooperation on security and freedom of navigation in the Strait of Hormuz during a summit in Paris on Tuesday, but the talks did not concern troop deployment, Seoul's…...