Hormuz

The US conducted strikes on Iran targeting air defenses, missiles, and drone launch sites, revoking an oil sanctions waiver following attacks on tankers in Hormuz. Iran threatened a 'decisive' response, while Saudi Arabia condemned Tehran for attacking Saudi and Qatari ships.

A third ship was attacked in the Hormuz Strait within 24 hours, with Qatar blaming Iran for striking a Qatari tanker. All three vessels were traveling on an Omani-proposed coastal route that Iran has rejected, seeking to control the vital waterway.

A Qatari liquefied natural gas (LNG) tanker, Al Rekayyat, and a Saudi crude oil tanker were damaged in the Hormuz strait after the Qatari vessel was struck by a drone, causing an engine room fire. The crew of the Al Rekayyat reported the ship was disabled without engines or steering, though all personnel were safe. The incidents occurred amid ongoing Gulf tensions following the mourning period for Iran's supreme leader.

An attack on the LNG tanker LNG River Niger threatens Qatar's efforts to revive exports through the Hormuz region. Rising fuel inflation in the US is intensifying due to ongoing war-driven energy shocks.

Iran will maintain control over the Hormuz Strait, according to Treyz. The statement emphasizes Iran's continued presence in the strategic waterway.

OPEC+ is increasing oil output for a fifth consecutive month, with seven core members agreeing to add 188,000 barrels per day in August. This follows the gradual unwinding of 2023 production cuts as Hormuz shipping recovers.

Oil prices are fluctuating due to ongoing flows through the Hormuz Strait. The continued movement of oil via Hormuz is influencing market dynamics.

Iran has granted China concessions for transits through the Hormuz region. The agreement is reported in a July 2026 article titled 'The China Show'.

Pakistan has increased its liquefied natural gas (LNG) purchases as flows through the Hormuz Strait remain below recovery levels.

Oil prices dropped due to sustained flows through Hormuz and increased supply flagged by OPEC+. Saudi Aramco aims to expand into refining and chemical production to align with growing demand and support economic diversification.

A supertanker tycoon is generating significant profits through Hormuz shuttle operations. The Angola B crude oil tanker, controlled by Sinokor in 2025, is central to these activities.

Fewer ships are transiting Hormuz along Oman's coast after some vessels made U-turns. A products tanker that U-turned on Saturday attempted a Hormuz transit again on Sunday via the Omani side, alongside another products tanker and a crude carrier.

Asia is reconsidering 'just in time' supply chains after three major crises: factory closures during the pandemic, Russia's invasion of Ukraine disrupting Black Sea grain exports and energy prices, and the US-Israel war on Iran exacerbating supply chain vulnerabilities. Economists suggest these disruptions have rendered the system unsustainable.

China has called for unimpeded passage through the Hormuz Strait as discussions about fees for maritime traffic in the Gulf of Oman increase. Tankers and cargo ships are operating in the region.

Europe has shifted its stance to acknowledge that certain Hormuz fees are unavoidable. The belief indicates a potential change in policy or economic strategy related to the Hormuz region.

Japan is increasing its use of coal as a substitute for natural gas due to disruptions in liquefied natural gas (LNG) supply caused by the Hormuz situation. Coal stockpiles are visible in Takasago, Japan.

Trump claimed the US removed 22 tankers from Hormuz under heavy military protection and 'complete radio silence' during a month-and-a-half operation to prevent oil prices from surging. He asserted a 'complete military victory' over Iran, stating its military power is 'finished' and a new radar system was destroyed.

Saudi oil exports are nearing pre-war levels as shipments through the Hormuz Strait increase. Saudi ships have ramped up export volumes from Ras Tanura in recent days.

Saudi supertankers exited the Hormuz Strait in what is described as the Kingdom's largest oil flow since the Iran war truce. The event involved storage tanks and oil processing facilities in Ras Tanura.

Iran is increasing its rhetoric about controlling the Hormuz Strait ahead of upcoming talks. The article highlights heightened discussions around strategic control of the region.

Iran is demanding greater control over the Strait of Hormuz as international talks resume. The situation highlights tensions over regional authority and strategic waterway management.

Shell predicts liquefied natural gas (LNG) trade will remain flat in 2026 due to supply constraints linked to the Hormuz region. The article highlights supply challenges affecting the LNG market.

Mitchell states that clarity regarding the Hormuz toll is necessary in US-Iran negotiations. The comment highlights a specific issue in ongoing diplomatic discussions between the two countries.

Traffic through the Hormuz Strait has increased as supertankers navigate into the Persian Gulf. A cargo ship was observed near the Khor Fakkan Container Terminal in the Gulf of Oman.

Morgan Stanley has reduced its oil forecasts due to the rapid return of oil flows through the Hormuz Strait. The article also references the Shirashima National Petroleum Stockpiling Base in Japan.

Oil prices remain stable as Iran attempts to assert control over the Hormuz Strait ahead of potential negotiations with the United States. Excess wastewater in Texas's major oil field threatens the region's role in global markets and President Donald Trump's energy strategy.

Pakistan is urgently seeking LNG as a flare-up in Hormuz disrupts supply. An LNG tanker in Karachi is highlighted in the report.

Traffic through the Hormuz Strait has declined as recent vessel attacks have sparked renewed security concerns. A cargo ship in the Gulf of Oman was highlighted in the report.

Iran launched missile and drone attacks on eight US military sites in Kuwait and Bahrain following US strikes on Iranian targets. Both sides accuse each other of endangering a ceasefire, while regional tensions escalate with arrests in Iraq and a Palestinian injury in East Jerusalem.

Iran fired drones at Bahrain and an oil tanker in the Hormuz strait, with the IRGC claiming the attacks targeted the 'US terrorist army' in response to overnight strikes. Bahrain accused Iran of sabotaging peace efforts.

Iran claimed it struck targets linked to US forces in response to US air strikes on its coastal surveillance facilities. Bahrain, a US ally, accused Iran of attacking a navy base as tensions persist over a recent agreement to end the conflict.

Trump accused Iran of a 'foolish violation' of a ceasefire after it launched drones at ships in the Hormuz strait. The U.S. shot down three of the four drones, but one struck the deck of a cargo vessel.

Trump claims Iran violated a ceasefire by conducting a drone attack in Hormuz. The statement highlights an alleged breach of an existing ceasefire agreement.

The Panama Canal reported revenue exceeding forecasts following the closure of Hormuz. The Gas Amethyst, a liquefied petroleum gas and ammonia carrier, was observed navigating the Agua Clara locks on June 11, 2026.

European natural gas prices are rising slightly as traders monitor potential risks related to Hormuz. The increase is attributed to cautious market behavior amid geopolitical concerns.

Stanley warns that the oil market is complacent regarding Hormuz. The article highlights concerns about underestimating risks associated with the strategic waterway.

The UN agency has paused a ship evacuation plan in Hormuz following an attack on a container ship near Oman's coast. A U.S. official attributed the attack to Iran.

Iran's Persian Gulf Strait Authority (PGSA) warns that ships using unauthorized routes through the Hormuz Strait will lose safe passage guarantees and insurance coverage. The statement follows an attack on a Singapore-flagged vessel off the coast of Oman and holds vessel owners and operators responsible for consequences of unauthorized passage.

Hormuz traffic rebound returns oil prices to prewar levels below $73 a barrel, but vessel numbers remain lower than prewar figures. Oil tankers are using a new route through the channel despite threats from Iran, while the US reassures Gulf allies.

Oil prices have erased wartime gains due to increased stockpiles from Hormuz entering the market. This surge in supply is impacting global oil markets.