Hapag-Lloyd issues profit warning with operating loss in store as war hits market
Line braces for deep earnings drop with Zim takeover still in the works
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March 2026
Iran mulls giving South Korean ships a Strait of Hormuz ‘pass’
South Korea has the second-largest fleet of countries Iran has named that can transit the Strait of Hormuz
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Iran War Sends LNG Prices Soaring, Curbing Asia Demand
The Iran war is upending the global LNG outlook as soaring prices, damage to major supplier Qatar’s export infrastructure and potential delays to new supply raise doubts about previously expected demand from price-sensitive Asian buyers.Before the war…
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Oil Rises as Ceasefire Optimism Fades
Oil rose about 2% on Thursday, clawing back losses from the previous session on concerns that protracted fighting in the Middle East will further disrupt energy flows.Brent futures LCOc1 rose $2.08, or 2.03%, to $104.30 a barrel by 0638 GMT, while U.S.
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Turkish Tanker Hit by Drone in Black Sea after Departing Russia
A marine drone struck a Turkish crude oil tanker that had departed Russia, causing an explosion in the Black Sea near Istanbul’s Bosphorus strait on Thursday, Turkey’s transportation minister said.The incident, one of several in recent months…
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