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A Revolutionary Guards spokesperson, Hossein Mohebbi, accused U.S. President Donald Trump of concealing the truth about Iran's nuclear programme and challenged U.S. claims that Iran has lost most leverage over the Strait of Hormuz, citing limited tanker exports.
Iran’s Supreme Leader Ayatollah Mojtaba Khamenei mocked the U.S. on Monday, saying that Tehran’s enemies would eventually be kicked out of the Middle East amid the ongoing war with Iran. Mojtaba Khamenei Hails Guardians of the Strait of Hormuz In a post on the social media platform X, the Iranian Supreme Leader said th
ADNOC and Kuwait Petroleum Corp have increased naphtha shipments to Asia in recent months via ship-to-ship transfers outside the Strait of Hormuz. Trade data and traders said the flows are helping Asian petrochemical producers lift output.
ADNOC and Kuwait Petroleum Corp increased naphtha shipments in August and September via ship-to-ship transfers outside the Strait of Hormuz, helping Asian petrochemical producers raise output. Trade data showed combined Gulf exports rose to about 5 million tons in the two months.
Worldsec Limited reported an unaudited net loss of US$490,000 for the six months ended 30 June 2026, versus a loss of US$97,000 a year earlier. The company also said it appointed Elemental Company Secretary Limited as company secretary in September 2026.
Saudi crude exports were seen at about 5.4 million bpd, while Ras Tanura shipments rose to about 3.6 million bpd.
Sept 24 (Reuters) — Major Gulf equity markets fell in early trade on Thursday as little progress in US-Iran diplomacy and persistent risks to Strait of Hormuz shipping unsettled investors. Concerns mounted after Mohsen Rezaei, secretary of Iran's Supreme National Security Council, warned in a state television interview
Middle East marine war loss estimates range from $1.5 billion to $2 billion Marine market premiums rise 5.5% to $42.6 billion, with cargo up 6.9% and hull 9.4% Reinsurance sources say loss-hit programs could face 10% to 20% rate increases By Michael Jones and George Abbott Sept 24 (The Insurer) — Discussions at this ye
StealthGas (NASDAQ: GASS ) reported first-quarter financial results on Friday. The transcript from the company's first-quarter earnings call has been provided below. APIs provide real-time access to earnings call transcripts and financial data. Visit to learn more. View the webcast at Summary StealthGas Inc reported Q1
The European Union's naval mission to protect shipping in the Red Sea would need to boost its numbers to more than 10 warships, its foreign policy chief Kaja Kallas said on Monday, adding that for now there were not that many in the area.
US cash crude grades broadly fell on Monday, dealers said, on hopes of supply disruptions in the Middle East easing. Meanwhile, a total of 17 commodity vessels transited the Strait of Hormuz on the weekend, down from 37 a week earlier, shipping data showed on Monday, as tension in the Gulf persisted with the US and Ira
The national average price for diesel reached $6.51 per gallon on Monday. A commodity strategist stated the supply disruption has moved into a diesel market that “no handshake can refill.” Record Prices Hit Harvest and Freight The U.S. average diesel price hit an all-time high of $6.5107 per gallon on Sept. 21, 2026, a
OIL TANKER RATES HIT RECORD $1 MILLION A DAY AS HORMUZ TRAFFIC COLLAPSES The cost of chartering a VLCC from the Persian Gulf to China has surged to roughly $1.035M per day, up nearly 5x from around $208K before the Iran war. Only 17 commodity vessels crossed the Strait of Hormuz over the weekend, down from 37 a week ea
Spot fuel oil premiums in Asia were largely unchanged on Monday, with some trades for 380-cst high sulphur fuel oil (HSFO) emerging at rangebound premiums. More sale tenders from Southeast Asian exporters, including Thailand's PTT and Indonesia's Pertamina, were underway.
A P Moller Maersk (OTC: AMKBY ) held its second-quarter earnings conference call on Thursday. Below is the complete transcript from the call. This content is powered APIs. For comprehensive financial data and transcripts, visit Access the full call at Summary A P Moller Maersk reported strong financial performance for
Navigator Holdings (NYSE: NVGS ) held its second-quarter earnings conference call on Wednesday. Below is the complete transcript from the call. APIs provide real-time access to earnings call transcripts and financial data. Visit to learn more. The full earnings call is available at Summary Navigator Holdings reported r
ConocoPhillips (NYSE: COP ) shares are sliding Wednesday along with other oil and gas exploration and production companies as crude prices retreat from a two-day rally, pressured by easing Saudi supply concerns and a smaller-than-expected drawdown in U.S. crude inventories. ConocoPhillips stock is among today’s weakest
US-Contracted Vessel Hit In Iranian Attack Near Strait Of Hormuz - Fox
Oil prices rose nearly 5% Tuesday as concerns over supply disruptions lingered after attacks on Saudi Arabian energy infrastructure left the kingdom’s East-West pipeline offline and cast doubt on efforts to ease shipping risks in the Gulf. XOM stock is trending as oil shoots higher. See the real-time price action here.
Breakwave Tanker Shipping ETF BWET climbed 11.42% to a record close of $650 as disruptions in the Strait of Hormuz and Red Sea lift tanker freight rates. The fund has gained roughly 44% over the past five trading sessions through Thursday.
Some California stations are displaying diesel prices at the $9.999-per-gallon pump limit, according to GasBuddy analyst Patrick De Haan. AAA data also showed the national diesel average at $5.9773 and California at $7.9114 on Thursday.
The Houthis may have hit Saudi Arabia’s East-West oil pipeline, but the alleged attack has not been independently confirmed. Satellite data showed thermal anomalies in the area, while the data did not establish what caused them or whether the pipeline was hit.
WTI crude oil futures rallied to a 16-week high and tested $102.60 amid escalating Strait of Hormuz tensions involving U.S. and Iranian forces. The delayed EIA inventory report showed a 400,000-barrel draw in commercial crude stocks, exactly in line with the five-year average.
CENTCOM said no U.S. Navy warship was struck and that all IRGC attempted attacks failed, after the IRGC claimed strikes on U.S. vessels and oil tankers in the Strait of Hormuz.
Crude rose above $94 a barrel to three-month highs after Iran said it struck two American vessels and eight oil tankers in the Gulf, warning Persian Gulf shipping to abandon vessels.
Brent crude settled around $98 and kept climbing after reports of explosions near Kharg. The US military struck targets near Kharg Island and Jask, including Iranian oil tankers. Iran also outlined a new Oman–Strait of Hormuz shipping corridor.
Crude oil climbed back to $94 a barrel, the highest in six weeks, as supply-disruption concerns grew after US strikes near Kharg Island and Jask, and reports of attacks on Saudi Aramco facilities.
Brent crude hit above $99 a barrel Tuesday, then pared gains to around $97.6 amid supply disruption concerns. Tensions include US-Iran strikes, attacks on Saudi Aramco facilities, and Iran’s new Oman-Hormuz shipping corridor.