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From
Bloomberg
via
gCaptain
Dozens of Idling Iranian Oil Tankers Show US Blockade Is Working
A growing flotilla of Iranian oil tankers is gathering off the country’s coast, a sign the renewed US naval blockade is disrupting Tehran’s energy exports and depriving it of much-needed revenue.

From
Reuters
via
gCaptain
Six Saudi Tankers Turn Away From Gulf of Aden, Ship-tracking Data Shows
Six Saudi-flagged supertankers have changed course in the Gulf of Aden in recent days and are heading to southern Africa following threats by Yemen’s Houthi movement to target Saudi shipping, tracking data showed on Monday.

From
Reuters
via
gCaptain
How Iran is Widening Its Pressure Campaign to Force U.S. Concessions
Iran is betting it can outlast Washington by turning the Middle East's trade routes, shipping lanes and energy infrastructure into pressure points that steadily raise the cost of confrontation, according to Gulf officials and analysts.

From
Malte Humpert
via
gCaptain
Russia Assembles Unprecedented Arctic Oil Convoy to Bypass Global Shipping Hotspots
Russia has assembled an unprecedented fleet of oil tankers in the Arctic as it accelerates crude exports to Asia via the Northern Sea Route, with vessels carrying roughly 8 million barrels of oil already transiting or waiting to enter the ice-covered shipping lane; more than half the volume moved during last year’s entire summer navigation season.

From
Reuters
via
gCaptain
Two Tankers With Saudi Oil Exit Red Sea Over Weekend
By Florence Tan SINGAPORE, Aug 3 (Reuters) – Two tankers laden with Saudi oil crossed the Bab el-Mandeb strait over the weekend, while traffic in the Strait of Hormuz slowed following reports...

From
Reuters
via
gCaptain
Yemen’s Houthis Deny Plans To Impose Fees On Ships Sailing Through Red Sea
Aug 1 (Reuters) – Yemen’s Houthi-run maritime coordination body denied on Saturday that it planned to impose fees on commercial ships transiting the Bab el-Mandeb strait, saying no such decision had been...

From
Reuters
via
gCaptain
Europe’s Shrinking Rivers Curb Power Output, Transport and Company Earnings
Record low water levels in Europe's major rivers have curtailed the transport of goods, reduced electricity output and shrunk company earnings, stoking fears about the economic impact of searing heat and erratic rainfall.

From
Bloomberg
via
gCaptain
Hormuz Oil Shuttling Trade Is Picking Up Again After Lull
The oil-shuttling service that has been crucial to getting cargoes out of the Strait of Hormuz has picked up again after a recent lull, helping millions of barrels escape as Middle East hostilities escalate.

From
Bloomberg
via
gCaptain
Saudi Ships Shun Red Sea Chokepoint for Rare Africa Journey
Six Saudi oil tankers are sailing away from the Bab el-Mandeb chokepoint and appeared to be embarking on an unusual trip around Africa as threats from Houthi rebels upend shipping in the Red Sea.

From
Reuters
via
gCaptain
Drone Strike Near Suez Canal in Egypt Raises New Security Threat in Widening War
DUBAI, July 30 (Reuters) – A drone strike on gas vessels in Egypt’s Mediterranean port of Damietta signaled a potential new front in the U.S.-Iran war, raising the prospect of threats to navigation through the...

From
Bloomberg
via
gCaptain
Iranian Oil Hoard Swells Off Malaysia on Weak Chinese Demand
A large cluster of oil tankers laden with Iranian crude are idling off eastern Malaysia, as Chinese independent refiners remain largely absent from the market despite deeper price discounts.

From
Reuters
via
gCaptain
Oman Floats Gulf-Backed Plan to Manage Strait of Hormuz With Voluntary Transit Fees
Oman has presented Iran with a plan backed by Gulf states to manage the Strait of Hormuz, including collecting voluntary fees for using it, a Gulf source and a Western diplomat told Reuters on Tuesday.