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Iran Picks New Leader As Escalating War Deepens Oil Shock
By Arsalan Shahla, Josh Wingrove and Omar Tamo Mar 8, 2026(Bloomberg) —Iran picked a new supreme leader and kept up attacks on the ninth day of the war in the Middle...
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Reuters
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Tokyo Prepared To Release Oil Reserve Amid Iran Crisis
TOKYO, March 8 (Reuters) – A senior Japanese parliament member said on Sunday that the government instructed a national oil reserve storage site to prepare for a possible release of crude, as...
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Bloomberg
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gCaptain
US May ‘Unsanction’ More Russia Oil Post India Move
By Daniel Flatley Mar 7, 2026(Bloomberg) –Treasury Secretary Scott Bessent said the US may lift sanctions on further Russian oil supply after a move Thursday to give Indian refiners the green...
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Reuters
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gCaptain
US Pressing Sri Lanka Not To Repatriate Iranian Crew From Sunken Ship
By Humeyra Pamuk WASHINGTON, March 6 (Reuters) – The United States is pressing Sri Lanka’s government not to repatriate the survivors from the Iranian warship it sank this week, as well as...
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Reuters
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gCaptain
Kuwait Declares Force Majeure Due To Middle East Conflict
March 7 (Reuters) – Kuwait has implemented a precautionary reduction in crude oil production and refining throughput after the ongoing attacks by Iran against the country and the effective closure of the...
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Reuters
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gCaptain
India Allowed Iranian Warship To Dock As U.S. Sank Another Off Sri Lanka
NEW DELHI, March 6 (Reuters) – India has allowed an Iranian warship to dock as a humanitarian gesture, Foreign Minister Subrahmanyam Jaishankar said on Saturday, after the U.S. sank another Iranian navy vessel off...
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Bloomberg
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gCaptain
US Oil Posts Biggest Weekly Gain Ever As Iran War Rages On
By Bloomberg News Mar 6, 2026(Bloomberg) –US oil posted the biggest weekly gain on record as the war in Iran upends critical energy market flows, with shipping through the Strait of...
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Reuters
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gCaptain
Iran’s IRGC Challenges Trump To Have US Vessels Escort Tankers In Strait Of Hormuz
March 7(Reuters) – A spokesperson for Iran’s Revolutionary Guards challenged U.S. President Donald Trump to deploy U.S. naval vessels to escort oil tankers through the Strait of Hormuz, Iranian state media reported on Friday. The U.S. Navy could begin escorting oil tankers through the Strait of Hormuz if necessary, Trump said on Tuesday. The conflict in...
From
Mike Schuler
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gCaptain
Sweden Boards Suspected ‘Stateless’ Cargo Ship in Baltic Sea
Swedish authorities have boarded and taken control of a cargo vessel in the Baltic Sea after determining the ship was operating as a suspected stateless ship, triggering an investigation and raising fresh concerns about illicit cargo flows tied to Russia’s war in Ukraine.
From
Lori Ann LaRocco
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gCaptain
Iranian Shadow Fleet and Greek Affiliated Ships Lead Strait of Hormuz Transits
Recent vessel tracking data details the continued movements of Iranian dark vessels as well as other ships moving through the Strait of Hormuz.
From
Mike Schuler
via
gCaptain
Washington Moves to Break Hormuz Shipping Paralysis With $20B Maritime Insurance Plan
The Trump administration on Friday unveiled a $20 billion maritime reinsurance facility aimed at restoring confidence in commercial shipping through the Persian Gulf, moving to operationalize a federal insurance backstop...
From
Mike Schuler
via
gCaptain
Four Seafarers Killed in Hormuz Attack, IMO Chief Warns of Growing Risk to Crews
At least four seafarers have reportedly been killed in an attack on a tug operating near the Strait of Hormuz, prompting a warning from the head of the International Maritime Organization that civilian...