Israeli Attacks Kill More Palestinians in Gaza as Hamas Clashes With Israeli-Backed Militias

First Loaded LNG Tanker Clears Hormuz; First Crude Supertanker Attempts Exit While all the attention has been focused on President Trump's national security team reviewing an Iranian peace deal that would end the two-month war and reopen the Hormuz chokepoint, while deferring nuclear negotiations to a later date, new vessel-tracking data show that the first loaded LNG tanker has exited the critical waterway since the conflict began, while the first loaded crude supertanker is also attempting to exit. "The first LNG shipment since the war in Iran began two months ago...

Europe Faces Summer Jet Fuel Crisis As Iran War Slashes Supply Authored by Tsvetana Paraskova via OilPrice.com, Europe faces an imminent jet fuel crisis as the Iran war and Hormuz disruption cut off key Middle Eastern supplies. Long-term refinery closures and rising import dependence have left Europe highly exposed, with limited alternatives and growing competition from Asia. Airlines are already cutting capacity and warning of higher fares, with potential flight cancellations looming as fuel shortages intensify. Accelerated refinery closures in the past decade and increased dependence on kerosene from the Middle East have exposed...

First Loaded Crude Supertanker Clears Hormuz Without Using Larak Channel Summary:  Idemitsu Maru did not use Larak Channel Loaded Idemitsu Maru crude supertanker exited Hormuz this afternoon, marking the first such crude transit since the conflict began. Loaded Mubaraz LNG tanker exited Hormuz earlier this month, also marking the first such LNG transit since the conflict began. Polymarket  First Crude Supertanker Exits Hormuz Following the Mubaraz LNG tanker's exit from the Hormuz chokepoint in recent weeks, the first such transit since the conflict began, new ship-tracking data from Bloomberg late Tuesday afternoon show that the first...