News

 Articles

View All
Washington Issues Broad Waiver Reopening Venezuela Oil Sector to U.S. Companies
News
March 18, 2026
From 
Reuters
 via 
gCaptain

Washington Issues Broad Waiver Reopening Venezuela Oil Sector to U.S. Companies

The U.S. issued a waiver on Wednesday broadly authorizing U.S. companies to do business with Venezuela's state-run oil company PDVSA, a key step that could secure investment and, in thelonger-term, increase the country's crude production capacity.
Trump Waives Jones Act for 60 Days—Shipping Interests Say It Won’t Help Lower Gas Prices
News
March 18, 2026
From 
Mike Schuler
 via 
gCaptain

Trump Waives Jones Act for 60 Days—Shipping Interests Say It Won’t Help Lower Gas Prices

The White House has approved a 60-day Jones Act waiver, moving forward with a controversial policy that U.S. shipping interests warned just days ago would do little to lower fuel...
Two Weeks After Explosion ‘Arctic Metagaz’ Drifts Back Into Libyan Waters Amid Continued Fears of Explosion and Environmental Disaster
News
March 18, 2026
From 
Malte Humpert
 via 
gCaptain

Two Weeks After Explosion ‘Arctic Metagaz’ Drifts Back Into Libyan Waters Amid Continued Fears of Explosion and Environmental Disaster

After two weeks as a “ghost ship” drifting across the Mediterranean, the abandoned Russian?flagged LNG carrier Arctic?Metagaz has returned to Libyan search?and?rescue waters, still leaking gas and still posing what Italian authorities call a “substantial hazard.”
India Sends Warships Near Gulf of Oman to Escort Its Fuel Ships
News
March 18, 2026
From 
Bloomberg
 via 
gCaptain

India Sends Warships Near Gulf of Oman to Escort Its Fuel Ships

India is sending additional warships to the Gulf of Oman and Arabian Sea to ensure the safe passage of its vessels in anticipation that Iran may allow more of its fuel tankers to exit the Strait of Hormuz, people familiar with the matter said.
U.S. Hits Iranian Coastal Missile Sites With Bunker-Buster Bombs
News
March 17, 2026
From 
Mike Schuler
 via 
gCaptain

U.S. Hits Iranian Coastal Missile Sites With Bunker-Buster Bombs

Bunker-buster munitions target coastal threats to commercial shipping U.S. forces have struck Iranian coastal missile sites near the Strait of Hormuz, targeting systems assessed to pose a direct threat to...
UAE Signals Openness to U.S.-Led Hormuz Protection Mission as Shipping Crisis Deepens
News
March 17, 2026
From 
Mike Schuler
 via 
gCaptain

UAE Signals Openness to U.S.-Led Hormuz Protection Mission as Shipping Crisis Deepens

The United Arab Emirates may join a U.S.-led effort to protect shipping in the Strait of Hormuz after Iran all but shut the vital waterway to ships as Tehran wages war with Israel and the United States, a senior Emirati official said on Tuesday.
Trump Declares U.S. ‘Doesn’t Need Anyone’ After Allies Balk at Hormuz Mission
News
March 17, 2026
From 
Mike Schuler
 via 
gCaptain

Trump Declares U.S. ‘Doesn’t Need Anyone’ After Allies Balk at Hormuz Mission

President Donald Trump said Tuesday that NATO allies have refused to support U.S. military operations against Iran, publicly acknowledging growing divisions within the Western alliance as efforts to assemble a...
Ships Hug Iran’s Coast in Emerging Hormuz Workaround
News
March 17, 2026
From 
Mike Schuler
 via 
gCaptain

Ships Hug Iran’s Coast in Emerging Hormuz Workaround

New tracking data suggests “permission-based” transits may be reshaping one of the world’s most critical shipping lanes A new routing pattern is emerging in the Strait of Hormuz as vessels...
‘No Imminent Threat’: Trump’s Counterterrorism Chief Resigns Amid Rift Over Iran War
News
March 17, 2026
From 
Mike Schuler
 via 
gCaptain

‘No Imminent Threat’: Trump’s Counterterrorism Chief Resigns Amid Rift Over Iran War

National Counterterrorism Center (NCTC) Director Joe Kent announced his resignation Monday, citing opposition to the ongoing war in Iran and asserting that Tehran posed “no imminent threat” to the United...
Oil Tankers ‘Starting to Dribble Through’ Strait of Hormuz, says White House
News
March 17, 2026
From 
Reuters
 via 
gCaptain

Oil Tankers ‘Starting to Dribble Through’ Strait of Hormuz, says White House

Oil tankers are crossing the Strait of Hormuz and Iran's actions to choke traffic through the shipping route have not hurt the U.S. economy, White House economic adviser Kevin Hassett told CNBC on Tuesday, reiterating the Trump administration's position that the war should be over in weeks, not months.
Key UAE Oil Hub Suspends Loadings as War-Related Halts Mount
News
March 17, 2026
From 
Bloomberg
 via 
gCaptain

Key UAE Oil Hub Suspends Loadings as War-Related Halts Mount

The key port of Fujairah in the United Arab Emirates has suspended oil loadings, according to a shipping agent and a person familiar with the matter, the latest halt after a series of earlier war-related strikes on the country’s only crude oil export route outside the Strait of Hormuz.
UN Shipping Agency Says 3,200 Ships Trapped West of Hormuz as Emergency Council Meeting Called
News
March 16, 2026
From 
Mike Schuler
 via 
gCaptain

UN Shipping Agency Says 3,200 Ships Trapped West of Hormuz as Emergency Council Meeting Called

The International Maritime Organization (IMO) says roughly 3,200 vessels carrying around 20,000 seafarers are currently confined west of the Strait of Hormuz, highlighting the scale of disruption to global shipping as...