Ship Insurers Set for Major Claims From Iran War, Allianz Says June 24, 2026 By Alex Longley The insurance industry is set to face significant claims for ships that were damaged during the Iran war, according to...
Shippers and Oil Giants Seek Clarity on US-Iran Peace Deal June 15, 2026 By Weilun Soon, Alex Longley, Grant Smith and Josh Wingrove A US-Iran deal intended to reopen the Strait of Hormuz within days left many of the world’s top shipowners, traders...
Oil Tankers Go Dark to Sneak More Barrels of Oil Through Hormuz June 10, 2026 By Weilun Soon, Salma El Wardany, Prejula Prem and Alex Longley Off the coast of Oman over the weekend, 16 tankers clustered together to transfer millions of barrels of oil that...
Houthis to Impose ‘Complete Ban’ on Israeli Ships in Red Sea June 8, 2026 By Salma El Wardany and Alex Longley The Houthis, an Iran-backed militant group that controls much of Yemen, declared a ban on Israeli ships in the Red...
US Efforts to End Iran War Stumble as Ship Seized Near UAE May 14, 2026 By Omar Tamo, Eltaf Najafizada and Alex Longley US efforts to end the war with Iran were dealt a setback after a commercial vessel was apparently seized by...
Oil Trader CFOs Say Hormuz Closure Driving Wave of Disputes April 22, 2026 By Archie Hunter and Alex Longley The chief financial officers of some of the world’s top commodity trading houses warned that the protracted closure of the...
Gunfire, U-Turns and Threats Mark a Chaotic Weekend in Hormuz April 20, 2026 By Alex Longley and Weilun Soon After Iranian Foreign Minister Abbas Araghchi posted on X on Friday that the Strait of Hormuz was “completely open,” a...
Hormuz Stays Blocked for Now as Hundreds of Ships Seek Exit April 9, 2026 By Weilun Soon, Alex Longley and Julian Lee The Strait of Hormuz remained largely blocked on Wednesday, as shipowners try to understand if they can safely transit the...
Shippers Rush for Hormuz Insurance After Truce Deal, Broker Says April 9, 2026 By Leonard Kehnscherper and Alex Longley Shipowners are placing “huge volume requests” for insurance cover as they look to transit the Strait of Hormuz following the...
Secret Codes and Yuan Fees Get Ships Through Iran’s Hormuz Tollbooth April 2, 2026 By Salma El Wardany, Alex Longley, Weilun Soon and Serene Cheong In recent days, the operator of an oil tanker stuck in the Persian Gulf received a compelling proposal. After weeks...