Donald Trump discussed how to mitigate the impact of a possible months-long U.S. blockade of Iran’s ports with U.S. oil companies, a White House official said on Wednesday, as the U.S. president urged Tehran to ‘get smart soon’ and sign a deal.The…
Trump Discusses Prolonged Blockade, Urges Iran to Sign Deal Read More »
Italian shipbuilder Fincantieri and Albania’s KAYO have set up a joint venture to build and maintain vessels in Albania, which is seeking to modernise its military infrastructure and deepen its NATO ties.The two sides signed a deal in the presence of t…
Fincantieri, KAYO Collaborate to Strengthen Albanian Navy Read More »
TotalEnergies will not resume Middle East production until shipping transit through the Strait of Hormuz has stabilised, its CEO said on Wednesday.About 15% of Total’s upstream oil and gas production is offline because it is unable to ship cargoes…
TotalEnergies Pauses Middle East Production Until Hormuz Transit Stabilizes Read More »
Ukraine struck what it said was an oil pumping station 1,500 km (900 miles) into Russia near the Ural Mountains with drones overnight, and President Volodymyr Zelenskiy said Kyiv would keep increasing the range of its strikes.Kyiv has stepped up its at…
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At least six ships – a fraction of the usual traffic – have crossed the Strait of Hormuz in the past 24 hours, shipping data showed on Wednesday, while the U.S. and Iran remain deadlocked over coming to terms that would re-open the crucial waterway.The…
Shipping Traffic in the Strait of Hormuz Remains at a Trickle Read More »