Dozens of Iranian Ships Have Broken Trump’s Blockade

Maersk Slaps Emergency Fuel Surcharge As War Upends Marine Supply Chains Submitted by Michael Kern of OilPrice.com, The war in the Middle East has upended shipping fuel markets with prices of marine fuels skyrocketing and regions running low on supply, pushing some traders to forgo cargo and ship additional fuel volumes to key bunkering ports outside the Middle East. The price of fuel oil has surged this month as the stalled tanker traffic at the Strait of Hormuz is tightening supplies of the fuel in Asia, the key bunkering hub for fuel...

Putin Winning, Ukraine's Position Weakened, From Prolonged Iran War: Zelensky Ukrainian President Volodymyr Zelensky has warned that a prolonged Iran war will be a net win for Moscow - and a significant setback for Kyiv. Speaking to Axios, he said bluntly: "I am sure Russia wants long war. They have benefits: The US is focusing on the Middle East and may decrease military help to Ukraine. Further he highlighted that "Sanctions are partially lifted" on Russian energy and so "I see only benefits for Russia from the war with Iran continuing." Ukrainian...

President Trump said on Saturday that the US may bomb Iran’s Kharg Island again “for fun” and urged other countries to help the US open the Strait of Hormuz. The president made the comments a day after the US military struck the Persian Gulf island, where most of Iran’s oil exports move through. So far, […]