The U.S. has turned down requests to escort ships in the strait. The IEA will launch the largest-ever oil release from emergency stocks
A bulk carrier operated by Greek shipowner Petros Pappas’ Star Bulk Carriers was struck near Dubai Wednesday, one of three vessels hit in separate incidents in the Strait of Hormuz, a critical global energy and shipping corridor.
Tehran is letting ships carrying its crude go through the strait, while it scares off others that would dare
Iran’s Revolutionary Guards say the Strait of Hormuz will remain open but warn vessels linked to the United States and Israel could be attacked as tensions disrupt shipping through the key oil transit route
Qatar's energy minister told the Financial Times in an exclusive interview that a continued Middle East war could send oil to $150 a barrel and force every Gulf energy exporter to halt shipments within days.
Greece maintains a strong trade presence across the region, but escalating conflict and shipping disruptions threaten to erode billions in annual export revenue
Eighty-five Greek sailors aboard ten vessels face heightened risks in the Persian Gulf and Strait of Hormuz as attacks on ships and offshore facilities escalate. Families anxiously await news of their safe return
Ship traffic slowed to a halt after the Iran conflict broke out, stalling oil and container ships
Short-term LNG freight rates have surged over 20%, and VLGC earnings have climbed sharply amid rising market uncertainty.
US president moves to stabilize oil markets as Strait of Hormuz shipments are disrupted, with war-risk premiums surging and energy prices climbing amid Middle East conflict
Dozens of ships remain stranded as traffic through the vital oil route stays shut for a fourth day, with Greece urging protection for global shipping and seafarers amid the escalating Iran conflict
Two cruise ships owned by Greek-affiliated Celestyal Cruises—the Celestyal Journey and Celestyal Discovery—are currently docked in Doha, Qatar, and Dubai, UAE.
Gas prices have climbed in recent days as global markets react to escalating conflict, with further increases possible depending on developments in key oil transit routes
In a post on X, Maritime Affairs Minister Vassilis Kikilias said the Ministry of Maritime Affairs and Insular Policy is maintaining constant oversight of the situation in the Persian Gulf and the Strait of Hormuz.
Greek-owned vessels advised to exercise maximum caution when sailing through the critical sea lane
Tehran announced temporary closures in the vital oil route as indirect nuclear negotiations with Washington began in Geneva amid a U.S. military buildup
Amid rising tensions with Iran, U.S. warns commercial vessels to avoid territorial waters and not resist boarding, highlighting ongoing nuclear and regional security concerns
Tehran hasn’t explained the incident, which comes amid unresolved nuclear issues between Iran and the West
Ship traffic through the Strait of Hormuz continues with a slight decline, amid the backdrop of the escalating conflict between Iran and Israel.
Oil prices climb after Iran threatens to close the Strait of Hormuz