Oil

Hormuz crossings rise slightly from weekend, remain in single digits, data shows

Some vessels could be passing through the strait with their transponders switched off and they are not considered in the tally.

Vessels at the Strait of Hormuz, as seen from Musandam, Oman, June 18, 2026.
This image shows the Strait of Hormuz, between the Persian Gulf and the Gulf of Oman. The Strait of Hormuz runs between Iran and United Arab Emirates, 2004.

Shipping slows through Strait of Hormuz after tanker attacks, data shows

An Oil tanker named Yu fu Zuo unload imported crude oil at the crude oil terminal of in Qingdao port, in China's eastern Shandong province on July 16, 2026.

China-based Hengli Group main importer of sanctioned Iranian crude oil, analysts say - report

Vessels in the Strait of Hormuz, as seen from Musandam, Oman, August 3, 2026.

UAE says Iran attacked ADNOC vessel in Hormuz, urges Iran to halt attacks, reopen waterways


U.S.–Iran tensions escalate despite ceasefire

Markets are closely watching the next moves in the U.S.-Iran conflict, as renewed tensions in the Strait of Hormuz continue to threaten global oil flows, inflation stability, and investor confidence.

Extra virgin or refined oil – the effects on brain health

The oil you cook with affects brain health – and there is one type that is significantly better than the others.

Olive oil

Maersk US-flagged ship transits Hormuz accompanied by US military

US Central Command said in a social media post on Monday that American forces are actively assisting efforts to restore commercial shipping through the Strait, a vital waterway in the region.

The Singapore-flagged tanker Maersk Kate during the fuel unloading manoeuvre in Telde, on the island of Gran Canaria, Spain, March 27, 2026.

IMF chief Georgieva warns of 'much worse outcome' if Middle East war drags into 2027

The IMF issued three scenarios for global GDP amid uncertainty over the war in the Middle East: the main "reference forecast," a middle "adverse scenario," and a much worse "severe scenario."

Kristalina Georgieva, Managing Director of the International Monetary Fund speaks during the Milken Institute Global Conference 2026 in Beverly Hills, California, US, May, 4, 2026.

'Renewed surge in Somali piracy': Oil tanker M/T EUREKA hijacked off Yemen coast

Yemen's coast guard stated that the tanker’s location had been identified and efforts were underway to track it, take necessary measures to recover it, and ensure the safety of its crew.

A Yemeni coast guard boat escorts a tugboat ferrying members of a Houthi delegation to attend a meeting of a committee overseeing a UN-led peace deal that will be held on board a UN-chartered ship off Yemen's port city of Hodeidah September 8, 2019.

US blockade costs Iran $4.8 billion, US Navy acting 'sort of like pirates,' Trump says - report

According to Pentagon officials, over 40 vessels carrying oil and other contraband have been redirected by the US military since the blockade began on April 13th. 

The ‘USS Abraham Lincoln’ conducts US blockade operations related to the Strait of Hormuz, last month.

Syria relies on Russia's oil despite pivot to the West

Oil shipments from Russia have jumped 75% to about 60,000 barrels per day this year, making Moscow the country's dominant crude supplier following the fall of Assad in December 2024.

Russian President Vladimir Putin and Syria's President Ahmed al-Sharaa shake hands during a meeting at the Kremlin in Moscow on January 28, 2026.

Fractures rock Gulf alliance as UAE quits OPEC during Iran war - analysis

Abu Dhabi’s exit, a summit snub, and public criticism expose a widening Saudi-Emirati split reshaping energy and security coordination.

UAE Minister of Energy and Infrastructure, Suhail Mohamed Al Mazrouei speaks, on the day of the Make it in the Emirates (MIITE) conference, in Abu Dhabi, United Arab Emirates, May 4, 2026.

Iran may run out of oil storage within weeks under US blockade pressure

As a result of the blockade on Iranian ports, Tehran has been forced to store all the oil it extracts through various means, including onshore facilities and floating storage aboard vessels.

 US military forces boarded the crude oil tanker Aquila II in the Indian Ocean after pursuing it from the Caribbean. The vessel was accused of breaching Washington's blockade on sanctioned vessels traveling to or from Venezuela. February 9, 2026.

Darkness at noon: Iran's control of the Strait of Hormuz is more devastating than nukes - opinion

Does Washington not realize that Tehran is already holding the world hostage? Hegemony over Hormuz is the bomb – a weapon far more immediate and devastating than any nuclear arsenal.

An illustrative image of a cargo ship by the Strait of Hormuz.