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Aramco: Catastrophic impact on the oil market if the blockade in the Strait of Hormuz continues
Global oil reserves are at their lowest point in five years, says Saudi energy giant
The first of Prokopiou’s five tankers exits the Strait of Hormuz fully loaded (upd)
The tanker Shenlong, carrying about 1 million barrels of Saudi crude, appears to have passed through the strategic passage while maritime traffic remains dramatically reduced by 91% due to tensions in the region
South Korea imposes a fuel price cap for the first time in 30 years due to the surge in oil prices
The rise in oil prices, due to the crisis in the Middle East, is pushing South Korea to take emergency measures
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
Alarm in the Strait of Hormuz upgraded to “Extreme Risk” – Sailors killed and escalation of attacks on shipping
The warning was issued after a new deadly attack on a commercial vessel, as military tensions in the Middle East continue to escalate
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