3+ day, 7+ hour ago   (368+ words) A squeeze in marine fuel supply at major shipping hubs has eased despite the Iran war curtailing exports out of the Strait of Hormuz, with the market working around earlier supply shocks, industry sources told the APPEC industry meet on…...

2+ day, 23+ hour ago   (498+ words) Oil prices jumped six per cent on Thursday, with both major benchmarks trading at over $100 a barrel as the biggest spike in attacks on shipping since the Iran war began fed worries among traders about further disruptions to already tight…...

2+ day, 23+ hour ago   (734+ words) The lightning Houthi advance down Yemen's Red Sea coast this week came with direct guidance from Iran's Revolutionary Guards seeking to open a new front in Iran's war with the US, according to Yemeni Government, Iranian and regional sources. By…...

3+ day, 6+ hour ago   (813+ words) Asia's crude oil industry has a good idea of how to end the current crisis created by the Iran conflict. But they also know their wish is unlikely to be granted and they are hunkering down for an extended disruption…...

3+ day, 7+ hour ago   (181+ words) Vessel transits at the Strait of Hormuz fell slightly on Wednesday to seven, compared with the previous day's 12, preliminary shiptracking data showed on Thursday, with levels also lower than the 10-day average of 14. Out of these seven, four vessels exited…...

3+ day, 7+ hour ago   (472+ words) Yemen's Iran-aligned Houthis edged closer on Thursday to gaining leverage over the Bab el-Mandeb Strait, one of the world's most important routes for commodity vessels, four Yemeni Government military sources said, as fighting with Saudi-backed forces tilts towards a resumption…...

3+ day, 7+ hour ago   (558+ words) Iran's capture of a US military underwater drone gives Tehran an opportunity to study and potentially reverse engineer the vessel, delivering a setback for the Pentagon and drone maker Anduril. The US military and Anduril have downplayed the significance of…...

3+ day, 6+ hour ago   (153+ words) Thailand's SCG Chemicals has diversified its naphtha sourcing to cope with delivery disruption from the Strait of Hormuz, its CEO said on Thursday. SCG is buying mostly from India, Australia and Nigeria, CEO Sakchai Patiparnpreechavud said on the sidelines of…...

3+ day, 8+ hour ago   (532+ words) An Australian operator has welcomed a new optionally crewed survey boat into service while new attack USVs are undergoing operational testing in Azerbaijan. Development meanwhile continues on a Russian research catamaran, a US-built solar-powered air defence USV, and a Turkish-designed…...

4+ day, 7+ hour ago   (326+ words) Iran's Revolutionary Guards said on Tuesday it had captured a US uncrewed submarine at the entrance to the Strait of Hormuz, offering a rare glimpse into how underwater drones are being used in military operations. Iranian state media said the…...