July 14, 2026 5:15 PM, EDT Oil tankers load crude oil at Iraq’s Al-Basra Offshore Terminal in Basra, Iraq in 2019. (Nabil al-Juraani/Associated Press, File) key takeaways: US officials are supporting talks to revive the Kirkuk-Banias oil pipeline from Iraq to Syria’s Mediterranean coast. The proposal comes after the wartime closure of the Strait of
July 14, 2026 1:35 pm, EDT Storage tanks at a pipeline facility in Avenel, NJ (Mark Kauzlerich/Bloomberg) key takeaways: Fuel markets in the US and Europe fell sharply as concerns over fuel supplies grew due to renewed conflict in the Middle East and tanker attacks in the Strait of Hormuz. Fuel prices have risen faster
A woman stands on the water’s edge along the Strait of Hormuz as a plume of smoke rises in the background after an explosion near Bandar Abbas, Iran, on July 13. (Razieh Paudat/ISNA via AP) July 13, 2026 8:27 am, EDT key takeaways: The United States and Iran exchanged attacks on July 13, while both
Oil tankers and cargo ships are anchored off the coast of Oman. (Elke Scolliers/Getty Images/Bloomberg) July 9, 2026 11:40 am, EDT key takeaways: Traffic through the Strait of Hormuz came to a near halt on July 9 as US strikes on Iran for the second day disrupted the fragile ceasefire and disrupted shipping movements. The
Cargo ship in the Strait of Hormuz in May. (Fatima Shabair/AP) July 8, 2026 1:44 pm, EDT key takeaways: Shipowners showed mixed willingness to transit the Strait of Hormuz after President Donald Trump said the US armistice with Iran expired on July 8. Uncertainty matters because tanker availability and safety risks could disrupt the flow
July 7, 2026 9:59 am, EDT key takeaways: The British military said two tankers were hit by shells in the Strait of Hormuz on July 7 in the latest attacks targeting ships passing through the narrow mouth of the Persian Gulf. one of the tankers was traveling The attacks highlight rising tensions in a vital
Ships continued to move through the Strait of Hormuz despite an attack on a loaded supertanker over the weekend. (Bloomberg) June 29, 2026 10:40 am, EDT key takeaways: Ships continued transiting the Strait of Hormuz on 29 June, although fewer ships broadcast their routes. Some tanker owners said recent attacks had made navigation through the
Oil tankers and cargo ships anchored off the coast of Oman on 23 June. (Elke Scolliers/Getty Images) June 25, 2026 4:00 PM, EDT key takeaways: An unidentified cargo ship has crashed near Oman after several ships capsized while attempting to exit the Strait of Hormuz. Oil prices rose as the incident threatened weak confidence in
Tankers and cargo ships travel in the Gulf of Oman along shipping routes linking the Strait of Hormuz and the Arabian Sea on June 16. (AP photo) June 25, 2026 10:16 am, EDT key takeaways: Several tankers exited the Strait of Hormuz on June 25 via a new UN-backed coastal route with Oman, despite Iranian
Fertilizer storage. (Kriztian Bocci/Bloomberg) June 24, 2026 10:29 am, EDT key takeaways: Fertilizer shipments through the Strait of Hormuz have resumed following a US-Iran interim peace deal, with at least 16 ships moving out and reaching near pre-war levels. Analysts said exports rose by about 530,000 tonnes in the week ended June 21 as stranded