EU May Keep Russian Oil Price Cap Unchanged at $44 Per Barrel to Pressure Moscow June 1, 2026 By Julia Payne The European Commission may propose leaving the G7 price cap on Russian crude unchanged at its July review, in an...
Ships Attacked in Strait of Hormuz This Week, Chevron CEO Says May 29, 2026 By Kevin Crowley, Annmarie Hordern and Jonathan Ferro Several vessels transiting through the Strait of Hormuz have been attacked in recent days, underscoring the “very real” risks that...
Viewpoint: Somali Piracy Is Back – Fueled by Political Turmoil, Aid Cuts and Iran War May 29, 2026 By Anja Shortland and Federico Varese On the evening of April 26, the Egyptian merchant vessel Sward was hijacked by armed men a few miles off...
Markets/Coverages: Amiga Specialty Secures Lloyd’s Capacity for New Yachts Division May 27, 2026 Amiga Specialty, the London-based managing general agent, has secured £/$25 million of “A”-rated capacity with global Lloyd’s licensing for its...
Iran in Talks With Oman Over Permanent Hormuz Toll System May 21, 2026 By Samy Adghirni, Flavia Krause-Jackson and Alan Katz Iran is discussing with Oman how to set up some form of a permanent toll system that will formalize its...
Iran Consolidating Control of Hormuz With Checkpoints, Vetting and Sometimes ‘Fees’ May 20, 2026 By Devjyot Ghoshal, Ahmed Rasheed, Parisa Hafezi, Gavin Finch and Saurabh Sharma The tanker crew gathered their courage and carefully navigated along a route designated by Iran, hugging the coastline and maneuvering...
Tankers Exit Strait of Hormuz With 6 Million Barrels of Crude Oil May 20, 2026 By Florence Tan and Jonathan Saul Three supertankers were crossing the Strait of Hormuz on Wednesday carrying oil bound for Asian markets, after waiting in the...
Few Foreign Ships Seen in Hormuz Amid Reports of Iran’s Insurance Plan May 19, 2026 By Prejula Prem and Julian Lee The Strait of Hormuz remains effectively closed to commercial shipping, with maritime traffic reduced to a trickle and dominated by...
Iran Starts Bitcoin-Backed Shipping Insurance for Hormuz Strait May 18, 2026 By Golnar Motevalli Iran has started a Bitcoin-backed insurance service for Iranian shipping companies that want to transit the Strait of Hormuz, the...
Iran’s Threats to Hormuz Undersea Cables Highlight Vulnerabilites of Data Chokepoints May 15, 2026 By Meredith Primrose Jones Early this week, Iranian state-linked media floated a plan to charge the operators of undersea internet cables in the Strait...