Brent crude futures jumped as much as 3% on Friday, a day after the U.S. and Iran traded air strikes, with traders fretting over the future of the cease-fire and shipping in the Strait of Hormuz.Brent crude futures was at $101.47 a barrel, up $1.41 or …
Oil Prices Rise As US-Iran Fighting Continues Read More »
A suspected oil spill covering dozens of square kilometres of sea near Iran’s main oil hub of Kharg Island has been seen on satellite imagery this week.The likely spill – appearing on images as a grey and white slick – covered waters to the west of the…
Suspected Oil Spill Visible on Satellite Images Near Kharg Island Export Hub Read More »
If the first three months of 2026 were taken as a full year, both segments would have multi-year high ordering activity
First-quarter VLCC and suezmax ordering sets records even as values surge Read More »
Washington has opened fire on three Iranian tankers trying to make it home this week
US hits Iranian tankers as Gulf enemies try to enforce naval blockades Read More »
Nicholas Notias-led company confirms contract for more MR clean carriers for delivery in 2028
Greek owner SteelShips doubles product tanker orderbook in South Korea Read More »