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News
Saudi Oil Lifeline Shut After Attack as Red Sea Threat Grows
7+ hour, 44+ min ago (1064+ words) © chitsanupong / Adobe Stock Saudi Arabia has shut down its East-West pipeline, after the vital oil conduit came under aerial attack in the widening Middle East war, threatening to send energy prices even higher. The world’s largest crude oil exporter said…...
Houthi Advance Toward Bab el-Mandeb Raises New Shipping Threat
4+ day, 3+ hour ago (973+ words) © SABBIR / Adobe Stock Yemen's Iran-aligned Houthi militants have seized control of the historic port city of Mocha, four government military sources said, ina strategic shift that could threaten the Bab el-Mandeb Strait, one of the world's most important shipping routes....
Iran Waives 10% Levy to Ease Foreign Energy Shipping
4+ day, 4+ hour ago (164+ words) © Pawinee / Adobe Stock Iran has suspended a 10% charge on freight fees for foreign vessels carrying imported or exported oil, gas and liquid petroleum products to and from Iran, the semi-official Fars news agency reported on Thursday. A U.S. naval…...
Iran is likely to reverse engineer captured US underwater drone
4+ day, 15+ hour ago (537+ words) Posted to Maritime Reporter on September 9, 2026 Iran's capture a U.S. underwater drone allows Tehran to study and possibly reverse engineer the vessel. This is a major setback for Anduril and the Pentagon. Anduril and the U.S. military have played down the importance…...
Brent Crude Oil Prices Rise Above $100/Barrel
4+ day, 19+ hour ago (941+ words) Brent crude futures breached $100 a barrel on Wednesday for the first time since late July after Iran and the U.S. struck tankers in the biggest wave of attacks on shipping since the war began, threatening to worsen the ongoing impairment of…...
Iraqi Oil Tanker Hit Amidst US-Iran Attacks
4+ day, 20+ hour ago (362+ words) A tanker carrying about 2 million barrels of Iraqi fuel oil was struck by a drone in Iraqi territorial waters on Wednesday, port officials said, and British navy-affiliated UKMTO reported that several merchant vessels in the Gulf had been hit by…...
US, Iran Strike Oil Tankers in Biggest Attack Wave Since War's Start
4+ day, 20+ hour ago (1024+ words) Iran said on Wednesday it had attacked 10 ships near the Strait of Hormuz after the U.S. sank five Iranian oil tankers, in the biggest declared wave of tit-for-tat attacks on shipping by both sides since the start of the six-month-old war....
Bousso
5+ day, 4+ hour ago (969+ words) Posted to Maritime Reporter on September 9, 2026 How much oil flows through the Strait of Hormuz each day? All traders, energy executives, and government officials try to solve the mystery but come up with wildly divergent conclusions. This mystery is causing…...
Iran Strikes Back After US Military Destroys Five Oil Tankers
5+ day, 7+ hour ago (969+ words) © Parilov / Adobe Stock The Middle East war intensified on Tuesday with Iranian-backed Houthis in Yemen launching strikes on several Saudi cities, further embroiling a U.S. ally in the conflict, while U.S. forces hit multiple Iranian oil tankers and…...
Data shows that shipping traffic through the Strait of Hormuz is below the 10-day average
5+ day, 12+ hour ago (203+ words) Posted to Maritime Reporter on September 8, 2026 Preliminary shipping data on Wednesday showed that six?commodity ships transited the Strait of?Hormuz Tuesday. This is down from nine?aday earlier? and below?the 10-day?average of approximately 12. These figures may change,…...