Alex Longley

Three crude-oil tankers sanctioned for being part of Russia’s shadow fleet were attacked by drones off Turkey’s Black Sea coast overnight, according to a local port agent.

El precio del petróleo fluctuaba entre ganancias y pérdidas tras un informe que indicaba que Estados Unidos e Irán alcanzaron un acuerdo preliminar para extender el alto al fuego entre ambos países e iniciar negociaciones sobre el programa nuclear iraní.

Three crude-oil tankers sanctioned for being part of Russia's shadow fleet were attacked by drones off Turkey's Black Sea coast overnight, according to a local port agent.

Shipowners are increasingly optimistic about a pickup in traffic through the Strait of Hormuz after more vessels left the waterway this week with the U.S. providing information to aid those making the journey.

(Bloomberg) -- Shipowners are increasingly optimistic about a pickup in traffic through the Strait of Hormuz after more vessels left the waterway this week with the US providing information to aid those making the journey.

Ship traffic through the Strait of Hormuz is beginning to recover as U.S. military officials provide navigation guidance to commercial vessels, offering cautious optimism for oil and LNG flows despite continuing security concerns in the region.

Oil companies are rushing to secure giant tankers to ensure they can transport barrels after the industry was upended by war and the largest vessel-buying spree in a generation, the head of a shipowner said.

The boss of one of the few oil tanker fleets that continued to cross the Strait of Hormuz throughout the Iran war said the conflict has been a boon for shipping, while adding that Greek shipowners have a long history of breaking blockades.

Oil companies are rushing to secure giant tankers to ensure they can transport barrels after the industry was upended by war and the largest vessel-buying spree in a generation, the head of a shipowner said.

No region of the world produces more oil and gas than the countries straddling the Persian Gulf. Most of this energy can only be exported aboard tankers that cross the Strait of Hormuz — a waterway that’s effectively been blocked for more than three months.