US sanctions on Iran has seen exports slump by nearly 90%
oil tankers
Iran
UK supertanker ‘safe and well’ after Gulf stop
Tanker stopped as part of a routine procedure to adjust its arrival time at its next port, according to an official from the UK Maritime Trade Operations
#Syria
Strait of Hormuz: The mystery of the disappearing tankers
Empty tankers are going off grid in order to collect Iranian oil, then appear full days later
Bahri
Saudi shipping firm inks deal to build new oil tankers
Bahri announces the signing of an agreement with International Maritime Industries and Hyundai Heavy Industries
Gulf of Oman
Gulf oil shipments now cost more than $500,000 to insure
The cost of insuring Middle East oil shipments is soaring as tensions mount
Gulf of Oman
US, Britain, UAE, Saudis urge ‘diplomatic solutions’ on Iran
Joint statement released by the US as Secretary of State Mike Pompeo met Saudi and Emirati leaders
Baltic Exchange
Middle East oil shipping rates surge as US-Iran tensions grow
Rates for transporting 2 million barrel cargoes from Saudi Arabia to China has jumped to almost $26,000 a day
Iran
Oil prices jump 6% as Trump says Iran made ‘very big mistake’
US President Donald Trump posts cryptic tweet after Iranian forces shot down a US spy drone
attack
UN receives new report on earlier ship attacks in Gulf
The report from the UAE, Norway and Saudi Arabia concluded an unnamed ‘state actor’ was behind the attack on four tankers in May
Gulf of Oman
US says Japan tanker hit by mine resembling Iran’s
US Naval Forces Central Command says tanker was damaged by a limpet mine resembling Iranian mines
Gulf of Oman
Saudi Arabia urges world powers to secure waterways after twin attacks
Saudi cabinet calls for ‘decisive action to ensure the safety of navigation in the waterways of the region’
Abu Dhabi Crown prince
UAE, Japan discuss ‘defence’ cooperation after Gulf attacks
Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed meets with a top Japanese military official
commercial vessels
US vows to protect Gulf shipping lanes in wake of attacks
Secretary of State Michael Pompeo said the US would take “all the actions necessary, diplomatic and otherwise” to safeguard commercial sea traffic
British military
British Royal Marines to deploy to Gulf
Plans for the deployment began several weeks ago, according to British media reports
BSM Ship Management
Tanker damaged in attack arrives at Sharjah anchorage
The crew remain safely on board the vessel
geopolitics
Oil price surges on news of tanker attacks, GCC stock down
Two attacks on tankers in the Strait of Hormuz dented investor confidence, while oil benefitted
geopolitics
Video: What we know about the Gulf of Oman oil tanker attacks
Norwegian and Japanese ships hit close to Strait of Hormuz this week amid escalating war of words between Washington and Tehran and following similar attacks on vessels last month.