October 2026
The U.S. and UAE's Mega-Cluster Operation in the Strait of Hormuz Failed
The U.S. and UAE's planned operation to transport oil through the Strait of Hormuz has failed. This initiative involved complex logistics including shuttle ships and…
Sevenfold Increase in Oil Transportation Costs
Goldman Sachs reports a significant increase in global oil transportation costs due to the ongoing Middle East conflict, with rates rising from $3 to over…
Goldman Sachs: Hormuz Conflict Drives Crude Shipping Costs Up Sevenfold, Straining Asian Refiners
Goldman Sachs reports that war risks in the Strait of Hormuz and increased ship-to-ship transfers have led to a significant rise in global crude oil…
Iran Intensifies Military Operations in Gulf by Targeting Ship Transfers
Iran has intensified its operations in the Gulf by targeting ship-to-ship (STS) transfers, claiming a new series of strikes in the Strait of Hormuz. This…
Disruption in the Last Commercial Channels
Iran's energy exports to Pakistan have been temporarily halted due to new banking requirements amid U.S. sanctions, complicating trade relations. This situation arises as both…