The latest Iran-Hormuz crisis has accelerated gulf states’ efforts to build pipelines, ports and rail links that bypass the world’s most important oil chokepoint, reshaping regional trade flows and potentially altering tanker demand for decades

Vessel movements at Kuwait’s Shuaiba Port remain suspended for both inbound and outbound traffic due to safety reasons

Renewed attacks in the Strait of Hormuz are set to keep transits at bay as the IEA chief warns global crude supplies remain at risk if the situation does not improve

As the security situation violently seesaws back and forth in the Strait of Hormuz, the dynamics have changed for Baltic Exchange indexes measuring freight for ships that brave the transit

UAE’s Fujairah and Khor Fakkan port activities and business operations are proceeding effectively and without disruption

Tanker rates surge on Middle East risks as owners accelerate newbuilding orders and asset values climb

India has directed ship owners, ship managers and recruitment agencies to stop deploying the country’s seafarers on vessels going through the Strait of Hormuz, but adherence by shadow fleet operators could be a challenge, given their tendency to flout conventional practices

Diesel — which accounts for around a third of coated product tanker cargo volume — is under siege, courtesy of Ukrainian attacks on Russian refineries and Iranian attacks on ships in the Strait of Hormuz

Shipowners are retreating into dark transits as renewed US-Iran hostilities choke traffic through the Strait of Hormuz, raising fears that Tehran could expand its campaign beyond shipping to target the gulf’s critical oil export infrastructure.