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SHOCKING: 2 | Mind Blowing Facts

Russia to receive almost 270,000 tons of refined fuel from Asia in August, data shows

Russia is importing nearly 270,000 tons of refined fuels from Asia this August. These shipments are occurring via ship-to-ship transfers to obscure their origins and routes. India supplied about one-third of these refined fuels destined for Russia. Two tankers are arriving in Russia's Far East this week with vital fuel…

The Economic Times

Iran threatens to attack US targets in Europe if Trump escalates war, says report

Data shows that traffic through the shipping route remains at a standstill despite Trump saying it is open for business

The Independent UK

Iran-US war latest: Trump declares ‘Economic D-Day’ and vows sanctions against any nation helping Tehran

Trump warned countries against oil smuggling and cash transfers with Iran

The Independent UK

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Trump says no Iran talks planned as UAE suspends trade with Tehran

US President Donald Trump said Tuesday no talks with Iran were planned and insisted the Strait of Hormuz remained open despite reduced shipping traffic. Oman and Iran neared a deal on the waterway as a projectile struck a vessel, while the UAE said two Iranian ballistic missiles landed in or…

France 24

Traffic Through The Strait Of Hormuz Has Practically Ground To a Halt. Oil Is Edging Up.

Only five ships made it through the key waterway during the weekend, according to the latest data from intelligence firm Kpler.

International Business Times

Strait of Hormuz shipping slows sharply after tanker attacks

Shipping through the Strait of Hormuz slowed significantly over the weekend. This decline followed attacks on tankers and stalled United States-Iran conflict resolution talks. Commodity vessel transits dropped sharply, with very few ships registered for Sunday. Shipping appeared to grind to a near standstill after UAE reported tanker attacks last…

The Economic Times

Saudi Arabia Scrambles to Avoid Red Sea Attacks. Oil Flows Through Egypt Soar.

Oil exports from Egypt's Mediterranean port of Sidi Kerir have more than doubled in August, reaching about 2.3 million barrels per day compared with roughly 1 million bpd in July.

International Business Times

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US says more oil is leaving Middle East. Is it really?

US Energy Secretary Chris Wright claims nearly nine million barrels daily leave the Strait of Hormuz. Vessel tracking services, however, report volumes closer to half this amount. Total Middle East crude exports remain below pre-conflict levels, according to tracking data.

The Economic Times

Saudi Red Sea oil exports go 'dark' as Houthi attack threat grows

Saudi crude exports are vanishing from view as tankers switch off tracking signals. This Houthi threat is creating wide discrepancies in Saudi export estimates. All recent Yanbu crude loadings have been conducted without visible tracking signals. Meanwhile, Saudi crude loadings from Egypt's Sidi Kerir have hit record levels. This shift…

The Economic Times

Russia’s petrol crunch sends Moscow shopping for Indian fuel

Russia has imported petrol from India for the first time as Ukrainian attacks on its refineries deepen domestic fuel shortages. Kpler data showed the first shipment arrived on August 5, with more potentially following. Nayara Energy supplied the fuel, shipped through Russian-linked tankers via Egypt. Refinery disruptions have cut Russian…

The Economic Times

Strait of Hormuz shipping traffic slumps to six vessels as US-Iran peace hopes fade

Shipping traffic through the Strait of Hormuz has significantly decreased recently. This decline coincides with fading hopes for a peace deal between the United States and Iran. President Trump presented new demands for compensation and an end to sanctions. The Iranian demands were similar to a preliminary peace deal signed…

The Economic Times

Global Market: China bears the brunt of Asia’s crude oil demand cut as Middle East supplies shrink

China is bearing the brunt of Asia’s crude oil demand slowdown as Middle East supplies shrink following the Iran conflict. Chinese crude imports fell sharply in June and July, despite a recovery in July. August shipments are expected to improve, but September could offer a clearer picture of supply disruptions.

The Economic Times

China is balancing Asia's crude oil demand by itself

China is bearing much of Asia’s crude demand reduction as the Iran war disrupts Middle East oil shipments through the Strait of Hormuz. Its July imports rose from June’s near-decade low but remained 24.3% below last year. Lower imports, supported by large stockpiles, are helping balance tighter regional supplies.

The Economic Times

US Senate Russia sanctions vote raises risk for Indian crude supplies, says Kpler

A US Senate vote advances tougher sanctions on Russia, potentially disrupting crude oil supplies. However, immediate impacts on India and China's oil flows are unlikely. India's reliance on Russian crude has significantly increased since 2022. Replacing these supplies quickly would be difficult and could tighten global markets. This situation raises…

The Economic Times

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International Business Times

An Announcement To Reopen The Strait Of Hormuz Remains Elusive. Traffic Is Down To a Trickle

Only two vessels traveled through the Strait of Hormuz on Wednesday as negotiations with Iran to reopen it continue.

The Economic Times

Vessel traffic through Hormuz dwindles this week as markets watch Iran-Oman talks

Shipping traffic through the Strait of Hormuz has significantly decreased this week. Markets are closely watching Iran and Oman talks for waterway reopening signs. Several Chinese and Indian refiners seek discounted crude oil from Iraq. However, shipowners remain wary of entering the waterway due to risks. Meanwhile, traffic through the…

Barchart

Crude Oil Prices Drop on Increased Traffic Through Strait of Hormuz

September WTI crude oil (CLU26 ) closed down -0.87 (-1.03%) on Thursday, and September RBOB gasoline (RBU26 ) closed down -0.0945 (-2.93%). Crude oil and gasoline prices gave up an overnight advance and settled lower on Thursday in hopes of a diplomatic solution to the US-Iran war. Crude prices also...

The Economic Times

Drone attack in Egypt raises fresh fears over Suez Canal, global oil supply

A drone strike on Egyptian tankers has raised energy security concerns for the Suez Canal. This vital route offers a safe passage for Saudi Arabian oil exports. Houthi threats have already impacted traffic through the Bab el-Mandeb strait. Many tankers are now rerouting north towards the Suez Canal and Sumed…

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The Economic Times

Reliance ramps up diesel exports to Europe, Brazil in July, sources say

Reliance Industries sharply increased diesel exports to Europe and Brazil in July as global fuel markets tightened following the US-Iran conflict and Russia's diesel export ban. Higher shipments from Jamnagar helped bridge supply shortages, with Europe facing record diesel margins and dwindling inventories, while India's role as a key global…

The Independent UK

Gaza latest: Trump claims ‘historic’ deal reached with Hamas for complete disarmament

Senior Hamas official says the group will only disarm if Israel fulfils its commitments

The Economic Times

QatarEnergy-controlled LNG tanker exits Hormuz, first in nearly three weeks

A QatarEnergy LNG tanker exited the Strait of Hormuz, the first since July 11. Ship transits through the Hormuz waterway increased on Wednesday from previous days. Commodity ship traffic through the Bab el-Mandeb strait slowed down on Wednesday. Crude loadings from Yanbu fell significantly after a Houthi blockade was declared.

The Economic Times

Ships transiting via Bab el-Mandeb strait at highest in a week, data shows

Thirty-seven commodity ships passed through the Bab el-Mandeb strait on Tuesday, a notable increase. Only a few vessels transited the Strait of Hormuz, indicating a shift in shipping routes. Yemen's Houthis claimed missile attacks on a Saudi oil tanker in the Red Sea. China has engaged in direct talks with…

International Business Times

The Houthis Are Seeking To Halt The Flow Of Saudi Oil In The Red Sea. Traffic Is Already Slowing

Traffic through the Bab el-Mandeb has decreased after Yemen's Houthi rebels continued to attack Saudi oil facilities along the Red Sea coast as the group seeks to enforce an embargo of the country.

The Economic Times

Why the coming winter is going to be a long, cold one for Europe

Europe will face the next winter with alarmingly low energy supplies and heating oil inventories. Global markets for liquefied natural gas and diesel have been severely strained by conflicts. Asia's strong demand and supply route disruptions are impacting European imports. Policy decisions by China and Russia have further complicated diesel…

The Economic Times

Ships continue Red Sea transit despite attacks and Houthi blockade: Report

Dozens of vessels navigate the Bab el-Mandeb Strait despite Houthi rebel threats. Growing uncertainty forces ships to alter courses and execute U-turns. Recent attacks on oil tankers threaten global commerce and already strained supply lines. Disruptions in the Red Sea and Strait of Hormuz expose a quarter of global oil.…

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