Two Filipino sailors were killed when a Saudi oil tanker was attacked in the Strait of Hormuz earlier this week, Saudi Arabia’s national shipping company said Wednesday. A Greek security firm earlier said “unknown projectiles” hit the ship on Monday. Fresh violence has flared between the US and Iran this week. “Bahri c…

…not going to the designated areas. “Funds were allocated to bogus marketers to transport oil tankers, but they ended up collecting the money without transporting any oil,” he alleged. ‘Transparent subsidy regime will reduce transport costs’ – Kebbi ADC backs Atiku

…The increased monitoring comes after the UK intercepted the sanctioned shadow fleet oil tanker Smyrtos in the English Channel in June. The British government said it had sanctioned more than 500 vessels as part of efforts to disrupt Russia’s shadow fleet, which it said was helping sustain Moscow’s war effort in Ukraine…

…to a report, the price surge followed attacks by Yemen's Houthis on two Saudi oil tankers, escalating disruptions to global oil shipping through both the Red Sea and the Strait of Hormuz. Houthi militia confirmed targeting the two Saudi Arabian vessels in a military operation.One of the two vessels was reported to be a…

…on shipping have been reported, maritime intelligence firm Vanguard Tech said two oil tankers reversed course in the Red Sea after loading crude from Saudi Arabia's Yanbu port.The threat pushed global oil prices higher, with Brent crude rising 4.4 percent to more than $95 per barrel, its highest level in six weeks. Ana…

Global oil prices climbed above $90 per barrel on Tuesday after fresh attacks on oil tankers in the Strait of Hormuz heightened fears of a prolonged disruption to crude supplies from the Middle East. Brent crude rose above the $90-per-barrel mark as reports emerged that a Kuwait-owned oil products tanker was struck by…

…territorial waters. Last month, Royal Marine Commandos boarded a Russian "shadow fleet" oil tanker in the Channel during a six-hour operation, marking the first mission of its kind by UK armed forces.In June, a retired British couple sailing a 40-foot yacht near the Isle of Wight became involved in an incident with the…

…recent Iranian strikes. The Islamic Revolutionary Guard Corps (IRGC) reported that two oil tankers exploded after attempting to navigate the strait through an "unsafe" route. This follows an IRGC statement from Sunday noting that two vessels had been involved in an "accident" in the same area, though it remains unclear…