US blockade of Iranian ports raises ‘double risk’ for shipping
Targeted move avoids Hormuz closure but still raises concerns over maritime norms
US blockade of Iranian ports raises ‘double risk’ for shipping Read More »
April 2026
Germany Plans For $1.9 billion of Fuel Price Relief Amidst Global Energy Crisis
Germany’s coalition government has agreed fuel price relief for consumers and businesses worth 1.6 billion euros ($1.9 billion), ending a dispute over how to respond to an oil price surge triggered by the Iran war.The energy tax on diesel and…
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Rosneft Diverts Oil From Novorossiysk After Drone Attack
Rosneft is diverting oil supplies to the Tuapse refinery from the Black Sea port of Novorossiysk after the terminal, which handles roughly 14% of Russia’s crude exports, was heavily damaged in a drone attack, three sources said on Monday.A Ukrainian…
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Nigeria, Morocco to Sign $25b Gas Pipeline Agreement
An intergovernmental agreement (IGA) on a planned $25 billion Nigeria-Morocco gas pipeline will be signed this year, the head of Morocco’s hydrocarbons and mining agency (ONHYM) said.Agreed a decade ago, the project – known as the African Atlantic Gas …
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Trump Threatens to Destroy Iranian Attack Ships That Approach US Blockade
U.S. President Donald Trump warned on Monday that any Iranian “fast-attack” ships that go near a U.S. maritime blockade on Iran would be eliminated.Trump made the threat shortly after the U.S. blockade on vessels entering and departing Iran…
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