TEHRAN (Tasnim) – The spokesperson for Iran’s Khatam al-Anbia Central Headquarters rejected US claims of normal maritime traffic through the Strait of Hormuz, saying no commercial vessel or oil tanker can safely transit the waterway without Iran’s authorization and supervision.
Replacing a single ship carrying essential goods to Iran would require about 2,500 trucks, a Chamber of Commerce official warned, saying land routes cannot offset the US maritime blockade and negotiations are the only realistic way to restore trade.
Maersk CEO says conditions right to increase transit through Suez Maersk, a Danish shipping company which accounts for 15 percent of maritime transport worldwide, reported a second-quarter operating profit above expectations and raised its full-year earnings guidance. CEO Vincent Clerc said he thought the "conditions for a full return to Suez during 2026 are in place", as long as "nothing happens in Yemen". Yemen's Houthis have been attacking ships transiting through Bab al-Mandab and the Red Sea since 2023, and announced a full blockade of vessels transporting Saudi oil last month.
Energy security will require diversification both in where countries source their energy and the types they consume, according to a media analyst. TEHRAN, Aug. 13 (Xinhua) -- The impasse over the Strait of Hormuz deepened as Iran said Tuesday that the key energy chokepoint will remain closed unless the United States "changes its behavior" and accepts Iran's conditions for ending the war.
Washington, DC [US], August 13 (ANI): The US Central Command (CENTCOM) said that US forces have redirected 59 commercial vessels, disabled three and boarded two others as part of efforts to enforce a blockade against Iran.
OPEC oil production continued its sharp post-war recovery in July, but Iran remained a notable exception, with output still around a quarter below pre-war levels and its oil revenues taking an even steeper hit.
Even if a cease-fire materializes, Gulf exporters recognize that relying strictly on the Strait of Hormuz is a risk they can no longer take.
Washington DC [US], August 11 (ANI): US Presidential Counsellor Peter Navarro has said that President Trump and Prime Minister Narendra Modi have a 'very good working relationship' and would resolve issues concerning the Russian-oil-related tariff issue. The remarks come amid efforts by India and the US to further their close relationship that is multi-faceted and spans across domains.
Washington, DC [US], August 12 (ANI): The US Central Command (CENTCOM) said its forces disabled a Panama-flagged cargo vessel in the Gulf of Oman after it attempted to violate the US blockade against Iran by sailing towards an Iranian port. In a post on X, CENTCOM said that the incident took place when the M/V Vela Nova attempted to transit the Gulf of Oman towards an Iranian port. <a href="https://x.
New Delhi [India], August 11 (ANI): Oil prices rose more than two per cent on Tuesday as hopes of a near-term US-Iran peace deal weakened amid US President Donald Trump's remarks that Washington would seek reparations from Tehran and that the US Navy has '100 per cent control' over the Strait of Hormuz. At the time of reporting, Brent crude was trading at USD 89. 806 per barrel, up 2.
The stalemate over the Iran war hardened and commercial shipping in the Strait of Hormuz continued to dwindle.
Brent oil price passes $90 as Iran-US deal hopes fade The price of Brent North Sea crude, the main international oil contract, climbed above $90 on Tuesday as hopes that the US and Iran reach a deal to end the war fade. Brent reached $90. 02 a barrel, a gain of more than 2.
Germany's embassy in Tehran remains on emergency operations because of the security situation in Iran, with its visa section closed to regular visitors and no regular visa appointments being issued, the German Foreign Office told Iran International on Tuesday.
Iran to increase gas production, says state minister Iran will bring back 95 million cubic metres of gas to its production cycle by the end of September, oil minister Mohsen Paknejad said on Tuesday according to the oil ministry's news outlet, as Tehran conducts repairs on energy infrastructure targeted by Israel and the US. In July, a senior government official said Iran expects to restore around 100 million cubic metres per day of natural gas production capacity "within the coming months," after strikes removed about 230 million cubic metres from output since the war started in late February.
TEHRAN (Tasnim) – Spokesperson for the Iranian Foreign Ministry Esmaeil Baqaei condemned US officials’ continued reliance on economic sanctions against Iran, describing Washington’s sanctions policy as an “addiction” that has replaced diplomacy.
New Delhi [India], August 11 (ANI): Indian markets opened lower amid oil fears, as fresh tensions in the Strait of Hormuz pushed crude prices up, creating uncertainty across global indices. The BSE SENSEX stood at 78,347. 74 points, down 194.
Tehran [Iran], August 11(ANI): Iranian Foreign Ministry spokesperson Esmaeil Baqaei on Tuesday criticised the US administration over its sanctions policy, accusing Washington of being 'addicted' to economic restrictions after US Secretary of the Treasury Scott Bessent reportedly claimed that sanctions were 'suffocating' Iran.
UAE's Adnoc announces $8bn gas expansion, as it mulls Hormuz bypass Submitted by MEE staff on Mon, 08/10/2026 - 18:39 The UAE could be the first country to plan a gas pipeline bypassing the Strait of Hormuz Sultan Ahmed al-Jaber, the UAE's minister of industry and advanced technology, Adnoc managing director and group CEO, and chairman of the Abu Dhabi Future Energy Company 'Masdar', attends the fifth edition of the 'Make it in the Emirates' conference in Abu Dhabi, on 4 May 4 2026 (Fadel Senna/AFP) Off The UAE’s state-owned energy giant, Abu Dhabi National Oil Company (Adnoc), said on Monday it will invest $8bn to expand its gas business, doubling down on increasing capacity after the Gulf state pulled out of the Saudi Arabian- led energy alliance, Opec. Adnoc said it plans to build a new domestic natural gas processing unit at the country’s largest natural gas processing facility, Habshan, in addition to a new gas export facility at Ruwais. Separately, Adnoc Gas’s CFO, Peter van Driel, told Bloomberg on Monday that the company was also weighing plans to build a liquefied natural gas (LNG) export facility outside the Strait of Hormuz.
Hormuz traffic declines as Iran says Oman deal in 'final stages' Ship-tracking firm Marine Traffic has said that traffic through the Strait of Hormuz this weekend has declined, falling to just six crossings on Sunday. Bab al-Mandab remained busier, with close to 40 crossings yesterday. Weekend vessel traffic diverges Maritime traffic through the Strait of Hormuz weakened markedly over the weekend.
Kievs campaign against the Russian energy sector has pushed the Central Asian nation to pump more crude to China Kazakhstan has redirected part of its oil exports to Russia and China after Ukrainian drone attacks disrupted shipments through Russia's Black Sea port of Novorossiysk, the Energy Ministry has said.
