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14
Apr 2026
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George Prokopiou: His ships defy the missiles in the Strait of Hormuz, as Onassis & Niarchos once did, writes the Wall Street Journal

In a feature on the Greek shipowner, the Wall Street Journal describes one of the boldest moves of his career, as his ships are among the very few sailing through the Strait of Hormuz

Oil: Explosive weekly surge of 35% in US crude and 28% in Brent amid crisis in the Strait of Hormuz

The escalation of the US–Iran war sent oil prices soaring, with WTI recording its biggest weekly rise since 1983 and Brent its largest since 2020

Strait of Hormuz: How China, India and Russia are shaping the new energy equation and oil prices

The conflict in the Persian Gulf is bringing the role of Russia into the spotlight as an alternative energy supplier for Asia’s energy-dependent economies. According to JMIC, the Strait of Hormuz is now almost closed to shipping

International Energy Agency on the war in the Middle East: ‘There is too much oil on the market’

IEA reassured that there is no shortage of oil on the market, despite the challenges caused by the war in the Middle East

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