Gulf Producers
Coverage of Gulf Producers in the Nexus archive.
- Is Hormuz open? Trump's toll threat intensifies rush to bypass the Strait altogether
Gulf producers are increasingly relying on alternative routes to keep crude moving as shipping disruptions expose the risks of depending on the Strait of Hormuz. Trump's toll threat intensifies the rush to bypass the Strait altogether.
- Hormuz reopening to release wave of oil supply, depress prices
The Strait of Hormuz may reopen following a U.S.-Iran interim deal, releasing stranded oil supplies into global markets and potentially depressing prices. Gulf producers have increased exports via ship-to-ship transfers, further reducing spot differentials for Middle East crude.
- US military copied Iran's smuggling tactics to move Gulf oil, report reveals
The US military has coordinated the transfer of 90 million barrels of Gulf oil since May using ship-to-ship operations, mirroring Iran's sanctions-evasion tactics. The operation involves tankers disabling transponders and dimming lights to avoid detection while transferring oil near a strait controlled by Iran, with at least 92 ships participating.
- Kuwait Ships Cooking Gas Out of Hormuz as Gulf Producers Go Dark
Kuwait is shipping cooking gas through the Hormuz Strait as Gulf producers reduce activity. The Gas Umm Al Rowaisat tanker was referenced in 2021 in this context.