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BREAKING NEWS


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South Korea Scrambles to Secure Oil Beyond Hormuz

South Korea is sending a senior government official to Oman, Kazakhstan, and Saudi Arabia in a bi....

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Tanker loaded with Iraqi crude passes through Hormuz

An oil tanker loaded with Iraqi crude was seen passing through the Strait ‌of Hormuz close t....

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First LNG deliveries from Oman to German firm begin despite Iran war

The first ?deliveries of liquefied natural gas (LNG) ‌from Oman to a German company have beg....

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QatarEnergy’s charter tanker Aqua 1 hit by missile

QatarEnergy confirms that the Aqua 1, a fuel oil tanker on charter to QatarEnergy, has been the s....

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Iranian Drone Sets Kuwaiti Oil Tanker on Fire

An Iranian drone reportedly hit a Kuwaiti oil tanker anchored at Dubai port, setting the vessel o....

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Two India-bound LPG tankers cross Strait of Hormuz, says report

Two liquefied petroleum gas tankers, BW Elm and BW Tyr, are crossing the Strait of Hormuz bound f....

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Iran preparing law to charge tolls for passage through Strait of Hormuz

The Iranian parliament is seeking to pass legislation to collect tolls for ships transiting the S....

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Tanker Rates for Red Sea-Loading Saudi Crude Plunge

Freight rates for tankers to ship Saudi crude from the Yanbu port on the Red Sea to Asia have slu....

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Iran attacks wipe out Qatar’s 17pc LNG capacity: QatarEnergy CEO

Iranian attacks ‌have knocked out 17% of Qatar's liquefied natural gas (LNG) export capa....

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India presses Iran for wider Hormuz access as more fuel ships await passage

India is pressing Iran to allow more Indian-bound vessels through the Strait of Hormuz after Tehr....

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Projectile fragments hit Hapag-Lloyd container vessel near Strait of Hormuz

German shipping company Hapag-Lloyd (HLAG.DE), opens new tab said projectile ?fragments have ?hit....

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Ships must co-ordinate with our navy for safe Hormuz passage, says Iran

Ships must coordinate with Iran's navy to pass through the Strait of Hormuz, the country'....

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India-bound tanker with Saudi oil sails through Hormuz, says report

A Greek-operated oil tanker has sailed through the Strait of Hormuz with a cargo of Saudi Arabian....

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LNG Shipping Rates Soar 650% to $300,000 Per Day

The global LNG shipping market has turned sharply higher in recent days, with charter rates for m....

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Insurers likely to re-examine covers in Middle East, says IUMI

Shipping insurers are likely to re-examine their ability and willingness to provide cover due to ....

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Oil Tanker Hit By Blast Near Kuwait, Major Leak Reported

An oil tanker anchored off Kuwait reported late on Wednesday a large explosion and a subsequent l....

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Iran Claims It Has “Complete Control” Over Strait of Hormuz

Iran’s Islamic Revolutionary Guard Corps (IRGC) declared it has “complete control&rdq....

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Oil tanker passes through Strait of Hormuz to UAE port

An oil tanker sailed through the Strait of Hormuz on Tuesday, heading to a United Arab Emirates p....

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Iran War Pushes Middle East Oil Tanker Rates to All-Time High

The freight rate for a supertanker carrying crude oil on the key Middle East-to-China route hit a....

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Three tankers damaged in Iran strikes says Reuters report

At least three tankers were damaged off the Gulf coast after US and Israeli strikes on Iran trigg....