Strait Of Hormuz News

Commodity vessel transits through the Strait of Hormuz dwindled to just three ships on Wednesday, down from 12 a day earlier and well below the 10-day average of about 17, preliminary ship-tracking data showed on Thursday.The figures exclude any vessels that might have passed through the waterway with their Automatic Identification System transponders turned off to avoid detection.Of the three vessels, an empty Supramax dry bulk ship entered the strait via the Iranian route, while an empty petroleum product tanker entered through a dark route…

Oil prices settled $3 higher on Tuesday after shipping industry sources said crude loadings at Saudi Arabia's Red Sea export hub of Yanbu had been suspended and Riyadh had canceled some cargo deliveries to European customers, deepening concerns that disruptions to a critical oil-export route could persist for weeks.Gains in U.S. West Texas Intermediate crude futures CLc1 outpaced Brent on Tuesday, as fears that Saudi Arabia's supply troubles were widening sent investors rushing into U.S.

Vessel transits through the Strait of Hormuz remained in the single digits at four on Tuesday, down from seven a day earlier, preliminary shipping data showed on Wednesday, falling well short of the 10-day average of 18.The drop in traffic through the waterway that handled one-fifth of the world's oil and liquefied natural gas supply before the Iran war comes after attacks in the region intensified.Of the total on Tuesday, two ships were exiting and two were entering, according…

Oman's Maritime Security Centre said on Tuesday that the Panama-flagged oil tanker 'EL GAIA' was being towed to an Omani port after a fire broke out in its engine room following an attack.The tanker was about 103 nautical miles northeast of Musandam when it was attacked, the centre said. An Omani naval vessel evacuated 23 crew members, while two remain missing.(Reuters - Reporting by Jana Choukeir and Tala Ramadan; Editing by Andrew Heavens)

Yemen's Iran-aligned Houthis on Friday reached the strategic island of Perim in the Bab el-Mandeb Strait, four Yemeni government sources told Reuters, potentially tightening their grip on one of the world's vital shipping routes and further increasing the threat to energy markets in the widening Middle East war.Earlier, two sources from the Saudi-backed, internationally recognised Yemeni government said its forces had withdrawn from Perim and that the Houthis had also taken the mainland Red Sea coastal town of Dhubab…

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 blockade has sharply disrupted the country's seaborne oil exports.(Reuters - Reporting by Dubai Newsroom; Editing by Alex Richardson)

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 Iran targeted a U.S. base in Jordan.The Houthis attacked four cities in the south of Saudi Arabia, wounding 73 people and setting oil installations ablaze in what appeared to be a major expansion of the six-month-old war.As global oil markets were pricing in the Saudi attacks, the U.S.

A U.S. campaign to throttle Iran's economy by blockading its oil exports and stopping sanctions evasion is growing increasingly difficult to withstand, three senior Iranian sources said.Washington has in recent weeks sought to ratchet up the economic pressure on Tehran, in an effort to extract concessions in any future negotiation that six months of conflict have so far failed to secure.Although Iran's clerical rulers managed to bypass sanctions for decades, the latest U.S. moves have left them in a far more sensitive position…

Iran has added more ships it deems as non-compliant and subject to fines, confiscation or detention if they try to sail through the Strait of Hormuz, according to a government website.Tehran said on August 24 it had blacklisted 45 tankers that had broken its rules for navigating the Strait of Hormuz, and would take action against any vessels transferring loads, escalating its threats over the key waterway six months into a ‌war that began with U.S. and Israeli strikes on Iran.In an update on the website of the Persian Gulf Strait Authority (PGSA)…

The U.S. launched a barrage of airstrikes against Iran on Tuesday, prompting Iranian retaliation, in the most serious escalation in weeks in a conflict that has driven up global energy prices and weighed on President Donald Trump's popularity at home.The U.S. military said late on Tuesday it completed its latest wave of strikes on Iran. U.S. forces struck IRGC targets "including air defense sites, radar systems, maritime assets and facilities, mine laying capabilities, and communications sites," the U.S. Central Command said on X. An Axios report, citing U.S. officials, said the U.S.

For the first time on record, Iran has gone about seven weeks without shipping meaningful crude exports through the Strait of Hormuz, as a U.S. naval blockade succeeds where years of sanctions failed by cutting off one of Tehran's main sources of foreign-currency earnings. Unlike previous sanctions campaigns, when Iranian crude continued reaching buyers despite restrictions, the current blockade has stopped fresh crude cargoes reaching China, Tehran's only major remaining oil customer, increasing pressure on government finances and foreign-currency reserves.Since the U.S.

Two supertankers carrying Saudi oil were struck by unknown projectiles within minutes of each other while transiting outbound through the Strait of Hormuz late on Monday, according to shipping intelligence and tracking firms Marisks and Kpler."The near-simultaneous incidents represent a further escalation in the threat environment within the Omani corridor," Marisks said.The tankers each loaded 2 million barrels of Saudi crude at the Juaymah terminal last week, Kpler data showed. Saudi Aramco resumed oil loadings and sales from inside the strait in August.Iranian and U.S.

A tanker has reported being struck by three projectiles while sailing out of the Strait of Hormuz, 17 nautical miles east of Oman's Khasab, the United Kingdom Maritime Trade Operations agency (UKMTO) said on Tuesday.No casualties or environmental impact have been reported, UKMTO said.TRANSITSThe number of vessels sailing through the Strait of Hormuz was little changed on Monday compared with the weekend, hovering around five, preliminary ship-tracking data showed on Tuesday, below the 10-day average of around 14.Four of the vessels entered the strait and one exited…

Iran's energy hub of Kharg Island is being blown to smithereens, U.S. President Donald Trump said on Sunday, after forces hit two rocket launchers on another island in the first known American strikes on the Islamic republic since late July.Attacking Kharg, which handled 90% of Iran's oil exports before the war launched by U.S. and Israeli attacks on February 28, would severely disrupt its energy trade and put huge pressure on its economy."Kharg Island being blown to smithereens!!! President DJT," Trump said on social media, but gave no further details.The White House and the U.S.

Iran condemned the United States' new economic sanctions on Friday as "state terrorism" and said other countries were legally obliged not to implement them, while the U.S. Treasury Department announced additional targeted Iran-related measures.The Iranian foreign ministry's statement came as mediators stepped up efforts to reopen the Strait of Hormuz, which handled 20% of world oil supplies before the war began six months ago and whose status remains the biggest obstacle to a…

The Iran war's redrawing of the global trade map is forcing Gulf nations to retool their investment play book, ploughing capital into infrastructure, from energy pipelines to ports, to weather the fallout from the conflict.The war has highlighted the Gulf's overreliance on the Strait of Hormuz, previously a chokepoint for 20% of global oil flows but also subject for decades to Iranian threats of disruption.With the strait virtually blocked for much of the past six months, a burst…

Iran is preparing a list of conditions for reopening the Strait of Hormuz after mediators asked Tehran to set them out, said Mohsen Rezaei, secretary of Iran's Supreme National Security Council, adding that ending the regional war was among them.Rezaei said Iran had agreed with Oman on a shipping corridor through the strait, with parts of the route in Omani waters and parts in Iranian waters. Ships would use a designated central channel if the U.S. met Iran's conditions, he said through an interpreter in an Al Manar TV interview.On Wednesday…

Shipping traffic at the Strait of Hormuz rose slightly even as a standoff persisted between the United States and Iran, data showed on Thursday, while the market monitored Iran-Oman talks about the waterway.Visible commodity vessel transits at Hormuz totalled 10 on Wednesday, up slightly from eight on Tuesday, data from Kpler showed.

Iran and Oman are still working on the details of an agreement on the Strait of Hormuz, a senior Iranian source said on Wednesday, after Iran's Revolutionary Guards said the two countries had agreed how to share the waterway and its revenues.The elite force's spokesperson, echoing Tehran's official stance, also said the strait would not open unless the U.S. met Tehran's conditions under an interim ceasefire agreement that was struck in June before unravelling. Those conditions include an end to the U.S.

At least three Indian oil refiners and a global energy major plan to stop using vessels on Iran's new blacklist, including for ship-to-ship transfers, due to security concerns, four sources with direct knowledge of the matter said this week.Tehran announced on Sunday a blacklist of 45 ships it said had broken its rules for crossing the Strait of Hormuz, and would take action against any vessels transferring loads with them, escalating its threats over the key waterway for global…

Oil prices fell more than $2 a barrel on Wednesday as talks between Iran and Oman revived hopes that the Strait of Hormuz could reopen and remove shipping constraints affecting supply in the key Middle East region.Brent crude futures LCOc1 fell $2.30, or 2.6%, to $86.28 a barrel by 0447 GMT, earlier dropping to their lowest since August 13. U.S. West Texas Intermediate crude futures CLc1 were down $2.08, or 2.53%, at $80.29, earlier sinking to their lowest since August 10.Both…

U.S. President Donald Trump said on Tuesday that all mines had been detonated or removed from international waters of the Strait of Hormuz and that Iran has been told that any ship or boat placing new mines will be destroyed.In a post on Truth Social, Trump said the United States, through its Space Force, was watching "every square inch" of the Strait, a key waterway in the global energy supply chain."There is a Zero Tolerance policy on mine placement in full force and effect," Trump said.The U.S.

Iran said it had blacklisted 45 tankers that had broken its rules for crossing the Strait of Hormuz, and would take action against any vessels transferring loads with them, escalating its threats over the key waterway six months into the war.The named vessels could be fined, detained and have their cargoes confiscated, according to an X post late on Sunday from the Persian Gulf Strait Authority, a new body set up by Iran to manage the strait.The warning was issued within days of the U.S. threatening Iran with "the toughest sanctions in history", and Iran saying its response to any new U.S.