Vessels that had started to make their way towards the Strait of Hormuz to exit the Gulf after Iran declared the waterway open have either stopped or turned back, according to ship tracking data cited by FT
The halt or reversal of vessels towards the Strait of Hormuz following Iran's declaration is significant as it raises concerns over potential geopolitical tensions.
Iran MP Nabayan says these negotiations will not go anywhere; We will continue the war until Trump and Netanyahu are completely defeated, via SNN
Iraq reportedly resumes Southern Oil exports after month-long halt due to Strait of Hormuz disruption, one tanker begins loading, according to four energy sources cited by Reuters
Vessels that had started to make their way towards the Strait of Hormuz to exit the Gulf after Iran declared the waterway open have either stopped or turned back, according to ship tracking data cited by FT
Trump shocked Netanyahu with post declaring Lebanon strikes "prohibited". Israel asked the White House for clarifications, via Axios citing sources
US approved a potential USD 11.9bln foreign military sale to Germany
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This situation could influence oil prices, particularly WTI, as disruptions in this critical shipping route could lead to supply challenges or heightened risk premiums in energy markets.
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