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Tanker
Oil & Gas Trade
Saudi Arabia Is Exporting Ever-Larger Portion Crude to China -- With the U.S. Losing Out
Saudi Arabia’s observed exports to China soared to 1.74 million barrels a day in July, the highest since Bloomberg began tracking the tanker shipments in Janua…
Oil & Gas Trade
BP Said "Certainly Not Sending British Ships and Crews" Through the Strait of Hormuz
BP plc, the British oil giant that had to shelter one of its tankers in the Persian Gulf this month in fear it could be targeted by Iranian forces, is avoiding …
Oil & Gas Trade
Britain' s Seizure of an Iranian Oil Tanker in Gibraltar is a Violation of the Nuclear Deal
Britain's seizure of an Iranian oil tanker in Gibraltar is a violation of the 2015 nuclear deal, Abbas Araqchi, a senior member of the team who negotiated the d…
Oil & Gas Trade
The International Energy Agency is Closely Monitoring Developments in the Strait of Hormuz
The International Energy Agency is closely monitoring developments in the Strait of Hormuz, including the recent seizure of a UK-flagged oil tanker, and stands …
Oil & Gas Trade
Britain has Called Iran's Capture of the Stena Impero is a "hostile act"
Iran's ambassador to Britain warned against escalating tensions on Sunday as a UK official declined to rule out sanctions in response to Tehran's seizure of a B…
Crude
Crude Oil Futures Rising as Geopolitical Tensions Intensified
Buoyed by renewed supply concerns on mounting geopolitical tensions in the Middle East, after Iran seized a UK chemical tanker and briefly detained a UK-owned V…
Oil & Gas Trade
Millions of Barrels of Iranian Oil Are Piled Up in China’s Ports
Tankers are offloading millions of barrels of Iranian oil into storage tanks at Chinese ports, creating a hoard of crude sitting on the doorstep of the world’s…
Oil & Gas Trade
Iran Says Tanker Incidents Have Not Impacted Its Oil Exports
Britain has called Iran's capture of the Stena Impero in the Gulf on Friday a "hostile act" and rejected Tehran's explanation that it seized the vessel because …
Oil & Gas Trade
The UK Drop into the Broader Tensions between The U.S. and Iran
The UK move against the tanker, whether directly instigated by the United States or not, immediately drew the UK into the broader tensions between the U.S. and …
Oil & Gas Trade
Iranian Tanker will be Released if Oil isn't Bound for Syria, UK Foreign Secretary Says
An Iranian oil tanker held by British forces near Gibraltar will be released if the United Kingdom is assured the oil will not be heading to Syria, London's top…
Iranian Officials have Threatened to Seize 'a British Tanker' in Response
Iranian officials have threatened to seize 'a British tanker' in response to the arrest of VLCC Grace 1 in Gibraltar last week, allegedly carrying Iranian crude…
Oil & Gas Trade
Iran: The Release of the Tanker is in all Countries' Interest
"This is a dangerous game and has consequences ... the legal pretexts for the capture are not valid ... the release of the tanker is in all countries' interest,…
Oil & Gas Trade
Oil Tanker Event Marked the Latest Escalation of Tensions in the Persian Gulf
Britain said Thursday that three Iranian vessels unsuccessfully tried to impede the passage of a British commercial vessel through the Strait of Hormuz, signali…
Oil & Gas Trade
Iran’s Islamic Revolutionary Guard Corps have Denied Stopping British Oil Tanker
There were “no encounters” between the Iranian warships and foreign vessels at the time when the alleged incident took place, the IRGC’s naval unit said in a…
Oil & Gas Trade
A British Oil Tanker has Stopped its Journey Through the Strait of Hormuz
A British oil tanker has stopped its journey through the Strait of Hormuz for fear of being seized by Iran in response to the capture of an oil tanker by UK for…
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