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From
Mike Schuler
via
gCaptain
Iran Deal Opens Door to Hormuz Reopening, But Shipping Industry Warns of Long Road Ahead
The signing of a U.S.-Iran memorandum of understanding ending months of conflict in and around the Strait of Hormuz has been welcomed across the maritime industry, but shipowners and industry...

From
Bloomberg
via
gCaptain
Qatar Brings Empty LNG Ship Back for First Time Since War Began
Qatar brought an empty liquefied natural gas tanker back into the Persian Gulf through the Strait of Hormuz for the first time since the war in Iran began, a sign that the key producer is preparing to ramp up exports.

From
Bloomberg
via
gCaptain
Trump Signs Interim Iran Deal as Focus Shifts to Hormuz
President Donald Trump signed an interim deal to end the war with Iran and reopen the Strait of Hormuz, speeding up the timeline for the agreement to go into effect despite blowback from Republicans who said it amounted to a victory for Tehran.

From
Bloomberg
via
gCaptain
Barnacle Boom: Divers Race to Clean Ships Stranded in Persian Gulf
Demand for ocean divers who specialize in barnacle scraping is soaring as ships stranded in the Persian Gulf for more than three months prepare to disembark.

From
Reuters
via
gCaptain
While Trump Hails Gulf Oil Flowing, Iran’s Fleet Also Gearing Up to Boost Exports
While U.S. President Donald Trump has recently hailed the resumption of oil flows from Gulf allies, Iran, too, appears to be gearing up to resume exports and trading.

From
Bloomberg
via
gCaptain
U.S., Iran Prepare for Deal Signing as Financial Details Emerge
The US and Iran are preparing to formally sign an interim peace deal that has left both sides claiming victory, with details of the accord still emerging and energy insiders skeptical of how fast it can reopen the Strait of Hormuz.

From
Mike Schuler
via
gCaptain
Hormuz Crisis Leaves Lasting Mark on Oil Markets as Demand Slumps, IEA Says
The International Energy Agency has sharply downgraded its outlook for global oil demand, warning that months of conflict centered on the Strait of Hormuz have fundamentally altered trade flows, drained...

From
Mike Schuler
via
gCaptain
Iranian Tankers Reappear as Crude Exports Show Signs of Restart After Hormuz Deal
Iranian crude oil exports are showing signs of life again after a two-month naval blockade, with several Iranian-linked tankers reappearing on AIS and heading out through the Gulf of Oman...

From
Reuters
via
gCaptain
UK PM Starmer Calls Channel Incident Involving Russian Warship ‘Reckless’
British Prime Minister Keir Starmer said on Wednesday the firing of warning shots by a Russian frigate to divert a UK-flagged civilian yacht near British territorial waters was reckless and deeply concerning.

From
Mike Schuler
via
gCaptain
Port of Los Angeles Cargo Volumes Rise in May as Import Surge Continues
The Port of Los Angeles handled 840,165 twenty-foot equivalent units (TEUs) in May, marking a 17% increase from the same month last year as importers continued to move cargo amid...

From
Mike Schuler
via
gCaptain
U.S. Military Guidance Reveals High-Risk Reality of Hormuz’s ‘Southern Highway’
As Washington and Tehran move toward implementing a memorandum of understanding aimed at ending months of conflict, a newly circulated U.S. military document is offering the clearest picture yet of...

From
Reuters
via
gCaptain
Trump Administration to Immediately Lift Iranian Oil Sanctions Under New Agreement
The U.S. will allow Iran to immediately begin selling oil and fuel under the memorandum of understanding the two sides reached to end the war, a senior U.S. official said on Tuesday.