Oil Prices Surge 7% as U.S.-Iran Tensions Reignite, Red Sea and Hormuz Risks Persist
Crude oil prices jumped sharply on Wednesday after hopes for a diplomatic pause between the United States and Iran collapsed,
Crude oil prices jumped sharply on Wednesday after hopes for a diplomatic pause between the United States and Iran collapsed,
South Korean carrier HMM is overhauling its fleet strategy, moving toward a hub-and-spoke network built around feeder vessels rather than
Iran has reported that it attacked three oil tankers in the Strait of Hormuz, according to ShippingWatch, citing Ritzau. Iranian
Gulf states have thrown their support behind an Omani proposal for voluntary fees tied to transits through the Strait of
China is engaging in direct discussions with Houthi representatives in an effort to secure safer passage for oil shipments through
Commodities trading firm BGN has entered the retail marine bunkering market in the United States, launching operations along the US
Total bunker fuel sales at the Port of Rotterdam fell sharply in the second quarter of 2026, even as biofuel
Avenir LNG has started construction on its second 20,000 m3 LNG bunkering vessel, marking another milestone in the company’s fleet
Burando Energies supplied roughly 30% of all biofuel blended marine fuel and B100 volumes bunkered at the port of Rotterdam