Abu Dhabi National Oil Company vessel attacks in the Strait of Hormuz have escalated security concerns for global energy shipments, according to Emirati state news agency WAM and regional reporting. An ADNOC vessel came under attack while transiting the vital waterway, resulting in no reported injuries and the situation being brought under control, the company … Read more
The United States military can maintain a naval blockade of Iran indefinitely by rotating ships in and out of the region, according to Defense Secretary Pete Hegseth. Speaking during a trip to Panama on Thursday, August 13, Hegseth said the enforcement mechanism has inflicted severe economic damage on Tehran as regional tensions rise, global oil … Read more
A vast oil spill from the leaking sanctioned tanker Caroline Bezengi has begun hitting Oman’s coastline near Ras Madraka and Masirah Island, threatening an environmental disaster comparable in potential scale to the 1989 Exxon Valdez spill. According to Oman’s environment agency and independent oil spill specialists reviewing satellite imagery, the slick now covers an area … Read more
Saudi crude exports from the Red Sea are increasingly vanishing from view as tankers switch off tracking signals to avoid attacks by Yemen’s Iran-aligned Houthis, according to ship-tracking firms and industry analysts. The shift obscures visibility into global oil supply assessments and creates wide discrepancies in export estimates used by the International Energy Agency and … Read more