4+ day, 2+ hour ago   (164+ words) © Pawinee / Adobe Stock Iran has suspended a 10% charge on freight fees for foreign vessels carrying imported or exported oil, gas and liquid petroleum products to and from Iran, the semi-official Fars news agency reported on Thursday. A U.S. naval…...

5+ day, 1+ hour ago   (952+ words) Posted to Maritime Reporter on September 9, 2026 How much oil flows through the Strait of Hormuz each day? All are trying to solve the mystery, but come up with wildly divergent conclusions. This mystery is causing crude oil prices to rise…...

5+ day, 20+ hour ago   (119+ words) OceanWings has received an Approval in Principle (AiP) from ClassNK covering its Rigid Fixed (RF) and Rigid Tiltable (RT) wingsails. DNV, the independent assurance and risk management provider, has appointed Rob van der Spek as Artificial Intelligence (AI)… bound4blue has completed…...

6+ day, 4+ hour ago   (566+ words) © hunterpic2013 / Adobe Stock Oil prices hit multi-week highs on Tuesday after Iran-backed Houthis attacked Saudi energy facilities and Tehran threatened the United States with "economic warfare". Brent crude futures LCOc1 were up $2.00, or 2.06%, at $99.00 a barrel by 0800 GMT. U.S. West Texas…...

1+ week, 3+ day ago   (195+ words) Posted to Maritime Reporter on September 4, 2026 Igor Sechin said that China, and not OPEC, had stabilized the global oil market by reducing crude exports by 5.5 millions barrels per day in this year. Sechin, the Russian energy manager who is a…...

1+ week, 4+ day ago   (395+ words) Posted to Maritime Reporter on September 2, 2026 According to trade data reviewed by, European gasoline refinery profits surpassed $62 per barrel on Wednesday. Fuel supplies are being squeezed due to conflicts in the Middle East, Ukraine and elsewhere. Eurobob E5 barges of physical…...

1+ week, 5+ day ago   (662+ words) For the first time on record, Iran has gone about seven weeks without shipping meaningful crude exports through the Strait of Hormuz, as a U.S. naval blockade succeeds where years of sanctions failed by cutting off one of Tehran's main sources…...

1+ week, 6+ day ago   (910+ words) Ron Bousso September 1, 2026 From Canada to Argentina, oil producers across the Americas have enjoyed a windfall during the Iran war by capturing market share lost by Middle Eastern exporters. The renewed focus on energy security globally could transform this emergency…...

1+ week, 6+ day ago   (761+ words) © Sashkin / Adobe Stock An unprecedented deal for the U.S. to gain access to a fifth of Venezuela's oil reserves - and the central role a Venezuelan businessman will play - is prompting questions and hesitation from some oil companies evaluating potential…...

1+ week, 6+ day ago   (1026+ words) © Lucasz Z / Adobe Stock U.S. President Donald Trump said Monday that ExxonMobil, the largest U.S. oil major, was among a group of companies planning to do business in Venezuela. Exxon declined to comment. Any entrance into the South…...