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10% of Global Container Fleet Caught in Strait of Hormuz Blockage: ONE
Mar 2, 2026 ... significant share of the global container fleet is being held up by the current near-shutdown in Strait of Hormuz transits following strikes on Iran over the weekend, according to container line ...
FEATURE: Fujairah Bunker Market in Limbo as Traders Seek Strait of Hormuz Clarity
Mar 2, 2026 ... have dropped to a low level, driven in part by ship attacks over the past two days and more significantly by sharp increases in insurance costs for vessels operating in the area, and large ...
Early Indications Show VLSFO Price Rises of Around 10% at Key Hubs Following Iran Strikes
Mar 2, 2026 ... in the $40-50s/mt for VLSFO, the $30-40s/mt for HSFO and $70-80s/mt for MGO. The market remains highly volatile, and these numbers are liable to change significantly before prices are finalised at ...
Peninsula-Chartered Tanker Sustains 'Minor Damage' in Iranian Attack
Mar 2, 2026 ... in Dubai. "The crew are safe and well, demonstrating considerable professionalism in navigating the vessel back to anchorage," the spokesman said. "The vessel sustained only ...
QatarEnergy Halts LNG Production After Attacks
Mar 2, 2026 ... trains. Ras Laffan is the world's largest LNG plant, and a shutdown of any scale there is a significant market event. The Platts JKM Asian LNG benchmark jumped by almost 41% to ...
New Ship Attack Reported in Bahrain
Mar 2, 2026 ... in Iran on Saturday, killing Ayatollah Ali Khamenei and several other senior government figures. Iran responded with strikes on US bases and other targets across the Middle East, and ...
Eight OPEC+ Members Announce April Output Increase
Mar 2, 2026 ... OPEC+ members have agreed to implement an oil production increase in April as regional tensions escalate. Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria and Oman have ...
Saudi Arabia's Ras Tanura Refinery Shut Down After Drone Attack: Report
Mar 2, 2026 ... in Iran on Saturday, killing Ayatollah Ali Khamenei and several other senior government figures. Iran responded with strikes on US bases and other targets across the Middle East, and ...
Platts Suspends Bids and Offers for Products Shipments Transiting Strait of Hormuz
Mar 2, 2026 ... in Iran on Saturday, killing Ayatollah Ali Khamenei and several other senior government figures. Iran responded with strikes on US bases and other targets across the Middle East, and ...
Most Middle East Ports Operating Normally Despite Isolated Incidents
Mar 2, 2026 ... all crew safely evacuated. Qatar’s ports are open, although Ras Laffan has reported GPS signal disruption and advised vessels to navigate with caution. No widespread port closures have ...
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