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From
Reuters
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gCaptain
Israel Court Extends Detention Of Gaza Flotilla Activists
ASHKELON, Israel, May 3 (Reuters) – An Israeli court has extended by two days the detention of two activists arrested aboard a Gaza-bound flotilla that was intercepted by Israeli forces in international waters near...

From
Reuters
via
gCaptain
Swedish Coast Guard Seizes Suspected False Flag Tanker In Baltic Sea
STOCKHOLM, May 3 (Reuters) – The Swedish Coast Guard said on Sunday it had seized a tanker in the Baltic Sea believed to be part of Russia’s shadow fleet, the latest in a string...

From
Reuters
via
gCaptain
Blocked Hormuz Fuel Surge Claims Spirit Airlines
By David Shepardson and Laila Kearney May 2 (Reuters) – Major airlines and the U.S. government scrambled to help stranded passengers and employees after bankrupt discount carrier Spirit Airlines FLYYQ.PK ceased operations on Saturday,...

From
Bloomberg
via
gCaptain
Saudi Arabia Set For Oil Windfall After Hormuz Boosts Prices
By Andrey Biryukov May 1, 2026 (Bloomberg) –The blockade of the Strait of Hormuz is creating an economic split among oil exporters in the Persian Gulf, with Saudi Arabia and Oman...

From
Mike Schuler
via
gCaptain
U.S. Targets Iran–China Oil Pipeline in Dual Sanctions Move on Shipping and Finance
The United States escalated its pressure campaign on Iran Friday, pairing maritime sanctions with a parallel strike on the financial channels that convert oil sales into cash, in what officials...

From
Mike Schuler
via
gCaptain
IMO Climate Talks Stay Alive as Carbon Plan Survives U.S. Pushback at MEPC 84
The International Maritime Organization has kept its landmark shipping climate framework alive following a week of high-stakes negotiations in London, setting up a decisive endgame later this year after deep divisions again...

From
Reuters
via
gCaptain
White House Says Iran Hostilities ‘Terminated’ as War Powers Deadline Arrives
U.S. President Donald Trump's administration argued that a ceasefire with Tehran had "terminated" hostilities as a legal deadline arrived on Friday for coming to Congress about the two-month Iran war.

From
Bloomberg
via
gCaptain
Exxon, Chevron Beat Profit Estimates on War-Driven Oil Rally
Exxon Mobil Corp. and Chevron Corp. posted stronger-than-expected earnings for the first quarter as higher oil and natural gas prices outweighed production outages from the Iran war.

From
Reuters
via
gCaptain
US Naval Blockade Squeezes Iran’s Oil Exports, Forces Crude Onto Floating Storage
A U.S. naval blockade of Iranian ports has shrunk Tehran's oil exports, stranding a growing stockpile of crude on tankers as Iranian storage sites run out of space, shipping data showed and analysts said.

From
Reuters
via
gCaptain
Venezuela Oil Exports Hit 7-Year High as U.S., India, Europe Ramp Up Buying
Venezuela's oil exports rose 14% to 1.23 million barrels per day in April, the highest in more than seven years, fueled by more sales to the United States, India and Europe, shipping data and documents from state company PDVSA showed on Friday.

From
Mike Schuler
via
gCaptain
U.S. Treasury Expands Hormuz ‘Toll’ Warning, Puts Maritime Industry on Notice
The U.S. Treasury Department has widened its warning over reported Iranian “toll” demands in the Strait of Hormuz, issuing a new alert that lays out, in far more detail, the...

From
The Loadstar
via
gCaptain
Transpacific Defies Downtrend as Container Spot Rates Climb on War-Driven Demand
Container spot freight rates on the transpacific trade into the North America west coast managed to defy gravity and edge up this week, while most other east-west trades witnessed a third consecutive week of declines.