… retaliated by effectively closing the Strait of Hormuz, a vital shipping channel for much of the world's oil, and launching attacks on Israel and American interests across the Gulf.Traffic in the Hormuz strait hit a three-week low on Thursday, according to maritime trackers Kpler …
… This change in terminology "may be an attempt to frame the demand in a more legally defensible way", said Dimitris Ampatzidis, an analyst at the maritime tracking platform Kpler. …
At least 172 vessels have crossed through the Strait of Hormuz since the US and Iran signed a deal aimed at ending the war, including 42 ships on Saturday alone, according to new data from maritime intelligence firm Kpler. …
… At 1430 GMT maritime data firm Kpler indicated that eight commodities ships had transited the strait so far Thursday -- approximately equal to the average daily volume of traffic over the past week. …
… Gasoline exports from the refinery fell to 17,000 barrels per day in May and stand at 10,000 bpd in June so far, according to data from commodities analytics firm Kpler, compared to highs of since June last year, with 81,000 bpd in April.
… ource on Google Follow us Follow on Whatsapp Follow on Google Follow on Twitter Audio By Vocalize Four Iranian-flagged oil tankers passed through the Strait of Hormuz on Monday, a first since April 15 and the US blockade of Iranian ports, according to maritime tracking firm Kpler …
… More than half of the crude imported by sea to China comes from the Middle East and mainly transits through the strait, according to maritime analytics firm Kpler. …
… a.push({ mode: 'thumbnails-m', container: 'taboola-mid-article-thumbnails', placement: 'Mid Article Thumbnails', target_type: 'mix' }); Saturday's data from China does not distinguish between oil arriving by sea and oil coming in via pipeline. Data from ship-tracking firm Kpler …
… The current Brent futures contract for June delivery expired on Thursday, which contributed to its drop, said Naveen Das, senior oil analyst at Kpler. …
Bombing intensified in the Middle East for the seventh consecutive night, with Iran threatening a "full-scale offensive" and hitting several US military sites in Kuwait, Jordan and Bahrain in response to American strikes. Iran's Revolutionary Guards claimed oil tankers exploded after hitting mines in the Strait of Hormuz and said they "stopped" four ships transiting the waterway, though the US military denied the tanker claims.
Bombing intensified in the Middle East for the seventh consecutive night, with Iran threatening a "full-scale offensive" and hitting several US military sites in Kuwait, Jordan and Bahrain in response to American strikes. Iran's Revolutionary Guards claimed oil tankers exploded after hitting mines in the Strait of Hormuz and said they "stopped" four ships transiting the waterway, though the US military denied the tanker claims.
The United States launched a wave of strikes against Iran on Wednesday after reimposing a naval blockade, resuming fighting nearly a month after both sides had signed a memorandum of understanding aimed at ending Middle East conflict. Iran's Revolutionary Guards said they targeted the US Fifth Fleet in Bahrain, while US President Donald Trump threatened to expand strikes next week to hit power plants and bridges unless Tehran returns to negotiations.
The Strait of Hormuz, a key chokepoint for global crude oil and liquefied natural gas trade, is at the centre of disputes in Middle East peace negotiations. Iran has insisted there will be no return to pre-war free shipping passage on the waterway, despite US opposition.
At least 172 vessels have crossed the Strait of Hormuz since the US and Iran signed a deal aimed at ending the war, including 42 ships on Saturday alone, according to maritime intelligence firm Kpler. The crossings remain below the pre-conflict average of 138 per day, though more than 200 tankers are waiting inside the strait, with at least 30 tankers departing from the Gulf laden with Iranian oil and petrochemicals since the deal was agreed.
Three Saudi oil tankers and other cargo ships passed through the Hormuz Strait on Thursday following an agreement to end the US-Iran war, according to maritime trackers, though traffic remained well below pre-conflict levels and shipping groups said resumption plans remained unclear.
Nigeria's Dangote oil refinery has reduced its gasoline-making unit (RFCCU) by 34% since May 21 due to insufficient crude feed and a flue gas slide gate valve issue, with repairs nearly complete and full-rate operations expected by mid-June, according to industry monitor IIR Energy.
Four Iranian-flagged oil tankers carrying a total of seven million barrels passed through the Strait of Hormuz on Monday, their first passage since April 15 when the US blockaded Iranian ports, according to maritime tracking firm Kpler. The ships, which loaded cargo in mid-April from Kharg Island, typically transfer oil at sea to other tankers destined for China.
US President Donald Trump and Chinese President Xi Jinping held a meeting on Thursday in which they agreed that the Strait of Hormuz "must remain open to support the free flow of energy," according to the White House. Iran has largely blocked shipping through the vital waterway since the outbreak of war with the United States and Israel on February 28.
China's crude oil imports fell 20% in April to 38.5 million metric tons compared to a year earlier, hitting their lowest level since July 2022, as closure of the Strait of Hormuz restricted supplies to the world's largest oil importer.
Brent crude rose to more than $126 a barrel after a report that the US military plans to brief President Trump on potential military action in Iran, with energy prices climbing as peace talks stall and the Strait of Hormuz remains effectively closed. About 20% of the world's oil and LNG usually passes through the strait.
Only five ships passed through the Strait of Hormuz in 24 hours, Friday shipping data showed, after Iran seized two container ships and the U.S. continues to blockade Iranian ports. Passage through the critical waterway has collapsed from an average of 140 daily passages before the Iran war began on February 28, disrupting a fifth of the world's oil and liquefied natural gas supplies.