Chinese Supertankers Carrying Saudi Oil Head to Red Sea via Bab el-Mandeb

Two Chinese very large crude carriers carrying a combined 4 million barrels of Saudi Arabian oil are heading toward the Bab el-Mandeb strait to exit the Red Sea, shipping data shows, testing whether Houthi forces will enforce a newly announced naval blockade against Saudi shipping despite ongoing regional military escalations. Chinese Very Large Crude Carriers … Read more

Houthis Target Saudi Tankers; Encelia Hit by Missile

Houthi militants have escalated regional maritime tensions by launching ballistic and cruise missiles at two Saudi-flagged oil tankers, the Encelia and the Layla, in the Red Sea. According to reports from the United Kingdom Maritime Trade Operations (UKMTO) and the maritime risk management firm Vanguard, the Encelia sustained fire damage after being struck by a … Read more

Oil Tanker Traffic Drops in Hormuz as LNG Floating Storage Climbs

Transit levels through the Strait of Hormuz have dropped significantly as U.S.-Iran tensions escalate, with vessel crossings hitting a weekend low of four ships on Sunday compared to eight on Saturday, according to LSEG data. The disruption has halted visible liquefied natural gas (LNG) tanker traffic since Thursday, leading to a mounting backlog of fuel … Read more

Ukrainian Drone Strikes Hit Moscow Oil Depot, Kill Seven Warehouse Workers

Ukrainian drone strikes targeted logistics infrastructure, resulting in seven fatalities and dozens of injuries at Wildberries warehouses in the Tambov and Moscow regions. Casualties and Damage at Wildberries Logistics Hubs The human toll of the recent drone campaign was concentrated at two major distribution centers operated by Wildberries, Russia’s largest online retailer. In the Tambov … Read more

Iran Launches First Strike in Eastern Syria Amid Ongoing War

Iran launched a military strike on eastern Syria in July, marking the first known instance of Tehran targeting Syrian territory since the current regional conflict began. Iranian state media and a Syrian military source confirmed the action, which the Revolutionary Guards described as retaliation for the killing of Iranian soldiers in Iranshahr. While the Revolutionary … Read more

Trump Proposes US Control and Fees for Strait of Hormuz Transit

President Donald Trump stated on July 13 that the United States intends to take control of the Strait of Hormuz, positioning the U.S. as the “guardian” of the waterway. Trump asserted that the U.S. should be reimbursed by wealthy nations for securing the route, as the region remains a primary focal point of escalating military … Read more

Pakistan Calls for Adherence to Islamabad MoU Commitments

Pakistan has officially urged all parties to maintain their commitments under the Islamabad Memorandum of Understanding, following a declaration by U.S. President Donald Trump that the interim agreement with Iran is “over.” The 14-point deal, established last month, was designed to halt the war and open the Strait of Hormuz. Did You Know? The 14-point … Read more

Big Tech Joins Calgary Stampede as Canada Pursues Data Center Investment

Major U.S. technology companies are increasing their presence at the Calgary Stampede as the province of Alberta actively courts hyperscale data center investments. Alphabet’s Google, Meta, and Amazon have engaged in meetings and events at the annual energy gathering, signaling a shift in the province’s industrial focus toward digital infrastructure, according to industry sources. Why … Read more

Iran Retaliates: Bahrain & Kuwait Targeted Amid US Strikes

Iran and the United States have entered a cycle of direct military escalation following the collapse of a fragile ceasefire. According to the Islamic Revolutionary Guard Corps (IRGC), Iran targeted U.S. military sites in Bahrain and Kuwait on Wednesday, July 8, in response to U.S. strikes on Iranian air defenses and the revocation of oil … Read more

Qatar Blames Iran for Tanker Attack Amid Khamenei Mourning

Two commercial vessels, including a Qatari liquefied natural gas (LNG) carrier, were struck by drones in the Strait of Hormuz on Tuesday, according to maritime security reports. The attacks occurred as regional tensions escalated following the death of Iranian Supreme Leader Ayatollah Ali Khamenei. While the LNG carrier Al Rekayyat reported an engine room fire … Read more