Hormuz
Ships begin moving through Strait of Hormuz as oil markets fluctuate
"There are some 550 merchant ships of above 10,000 dwt that will need to be prepared to exit the Middle East Gulf, including 160 tankers, 200 bulk carriers, 60 containerships, and 10 vehicle carriers, but greater clarity is needed before shipowners can begin transiting en masse," Lloyd's said, citing industry bodies.
June 19, 2026
US says warships crossed Hormuz, Iran disputes account
US says destroyers crossed Hormuz after repelling Iranian “barrage,” entering the Gulf safely; Tehran denies account and says its forces fired warning shots near the vessels.
May 5, 2026
Iran running out of oil storage space: Here's why it can't just turn off its wells
With the Hormuz blockade tightening around Iran's exports, storage tanks are filling fast. According to Kepler data, Iran could run out of storage space in as little as 12 to 22 days.
April 30, 2026