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Keywords: Strait of Hormuz
The global oil market is expected to require three to four months to return to normal conditions following months of disruption in the Middle East, according to Patrick Pouyanné, who says lingering logistical challenges continue to distort prices despite the easing of regional tensions. Speaking......
French shipping giant CMA CGM is considering scrapping one of its container vessels after it sustained extensive damage in a missile strike during the recent conflict in the Strait of Hormuz, according to the company's chief executive. Speaking at a business conference in southern France on Friday,......
Russia has urged both the United States and Iran to take concrete steps to ensure the safety of maritime navigation in the strategically important Strait of Hormuz, one of the world’s key oil transit routes. The remarks were made by Russian Deputy Foreign Minister Georgy Borisenko, who stressed......
Senior diplomatic delegations from the United States and Iran are expected to hold meetings in Qatar this week, amid growing tensions in the Gulf region and conflicting statements regarding the nature of the discussions. According to US sources, special envoy Steve Witkoff is set to travel to Doha,......
Maritime traffic through the Strait of Hormuz has experienced a noticeable decline amid escalating regional tensions and increased security concerns, according to shipping data and regional reports. The strategic waterway, which handles a significant share of global oil shipments, is seeing reduced......
Saudi Crown Prince Mohammed bin Salman and French President Emmanuel Macron held high-level discussions on Sunday focused on the evolving Iran–US understanding and broader efforts to stabilise the Middle East, according to official Saudi media. The phone call, reported by the Saudi Press Agency,......
The United States has carried out a new series of military strikes against targets inside Iran, responding to what American officials described as an Iranian drone attack on a commercial oil tanker transiting the Strait of Hormuz. According to the US Central Command (CENTCOM), the operation targeted......
Iran has carried out missile and drone strikes targeting Kuwait and Bahrain following recent US air operations on its territory, marking a sharp escalation in tensions across the Gulf region and raising concerns over the stability of ongoing diplomatic efforts to end the wider conflict. The developments......
Commercial shipping traffic through the Strait of Hormuz continued in both directions on Friday despite heightened security concerns following an attack on a container vessel, highlighting the strategic waterway's resilience amid ongoing regional tensions. According to industry sources, the incident......