Shipping insists on crew safety and freedom of navigation guarantees if Strait of Hormuz reopens
Safety of ships and seafarers in the waterway needs to be assured, shipping bodies say
Shipping insists on crew safety and freedom of navigation guarantees if Strait of Hormuz re-opens
Safety of ships and seafarers in the waterway needs to be assured, shipping bodies say
Reliance Industries Rejects Two Iranian Oil Cargoes; US Waiver Deadline Approaches
Reliance Industries has rejected two Iranian oil cargoes as they failed to meet its compliance requirements, the Indian refiner said on Friday, just days before the expiry of a U.S. waiver that has lifted sanctions on Iranian oil exports.Last month, Wa…
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Hormuz Strait Reopens After Ceasefire Deal
Iranian Foreign Minister Abbas Araqchi said the Strait of Hormuz was open following the agreement of a ceasefire in Lebanon, while U.S. President Donald Trump said he believed a deal to end the Iran war would come “soon”, although the timing…
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Strait of Hormuz Reopens and Oil Prices Drop, Impacting Federal Reserve Outlook
Reopened Middle East shipping and plummeting oil prices on Friday boosted bets the Federal Reserve may begin cutting interest rates as soon as December, but its policymakers still face a tangled outlook ahead of their April 28-29 meeting.Iran’s…
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