- — U.S. Middle East crude imports reach highest level since Iran war
![[*]](img/ib-star_nm.png "mark favorite")
![[+]](img/ib-marked_nm.png "mark as new")
![[-]](img/ib-markold_nm.png "mark older as read")
![[x]](img/ib-delete_nm.png "delete article")
![[A+]](img/ib-fontbg_nm.png "larger font")
![[a-]](img/ib-fontsm_nm.png "smaller font")
![[l]](img/ib-link_nm.png "direct link")
at 8/7/26 3:00pmU.S. imports of Middle Eastern crude oil are expected to reach approximately 600,000 barrels per day in August, marking the highest level since the Iran war started. Ship-tracking data shows the increase stems from a temporary opening of the Strait of Hormuz and the rerouting of Saudi oil through the Suez Canal. Nearly a dozen ...- — Iran turns to crude exports via Jask terminal amid Hormuz disruptions
- at 8/7/26 4:00amIran is turning to its only crude loading terminal outside the Persian Gulf to help sustain seaborne exports amid a US blockade of its ports and threats to its oil hub at Kharg Island, according to satellite imagery. The shift to loading crude at Irans Jask terminal in the Gulf of Oman highlights Tehrans efforts ...
- — Costing Australia’s green iron export ambitions
- at 8/7/26 4:00amAustralia’s fledgling green iron industry will require massive investment and government support if it is to capitalise on the global transition to low-carbon steelmaking, according to a briefing note released today. Green iron export revenue could reach AU$96 billion a year by 2040, based on forecasts cited by the federal government. To achieve this target ...
- — Russian oil product exports hit decade low in July amid Ukraine strikes
- at 8/6/26 3:00pmRussian seaborne exports of petroleum refined products fell to the lowest in at least 10 years in July, while crude exports remained high, despite falling from a June peak, according to cargo-tracking data, as Ukraine continued strikes on Russian refining infrastructure. In July, Russias product exports fell to 1.18 million barrels/day from 1.51 million b/d ...
- — US distillate fuel exports hit record high amid supply concerns
- at 8/6/26 3:00pmThe United States exported 1.9 million barrels per day of distillate fuel last week, setting a new record as domestic inventories declined further, according to data released Wednesday by the US Energy Information Administration. The figure surpassed the previous record established in May. Distillate fuel includes diesel, heating oil, and other related products. Last week ...
- — Argentina river pilots’ strike paralyzes grain export corridors
- at 8/5/26 4:00amA strike by Argentine river pilots is disrupting grain export flows in early August, draining liquidity from the FOB Up River premiums market and clouding the shipment outlook for one of the worlds largest suppliers of corn and soybean products. The strike began Aug. 1 after the Professional Association of River Captains and Pilots of ...
- — FESCO suspends Black Sea orders after Ukrainian drone attack
- at 8/5/26 4:00amRussian logistics and shipping company FESCO said Tuesday it has stopped accepting new shipment orders through the Black Sea following a Ukrainian drone attack on one of its vessels last week. The move underscores increasing disruption to shipping operations as attacks on vessels by both Russia and Ukraine have intensified, driving wheat prices higher on ...
- — Egypt leads US LNG cargo destinations in July amid cross-basin competition for supply
- at 8/5/26 4:00amEgypt was the top destination for US LNG cargoes delivered in July, as war-driven supply disruptions in the Persian Gulf continued to spur cross-basin competition for available volumes, an analysis of SP Global Energy CERA data showed Aug. 3. Deliveries of US LNG to Egypt reached a record monthly high of 21 cargoes in July, ...
- — Venezuela oil exports fall 25% in July on lower India demand
- at 8/4/26 3:00pmVenezuela’s crude oil exports dropped to 856,000 barrels per day in July, marking a five-month low and a 25% decline from June levels, according to shipping reports and data from Kpler Ltd. The decline came as shipments to India fell by half following a pause in the Iran war, which freed up Middle Eastern oil ...
- — Georgia’s Kulevi refinery aims to avoid EU sanctions with Kazakh, Libyan imports
- at 8/4/26 3:00pmGeorgias Kulevi oil refinery has started to diversify away from Russian crude, securing supplies from Kazakhstan and Libya, owner Black Sea Petroleum LLC said July 31, in a bid to avoid EU sanctions. The 24,000 b/d plant on the Black Sea began processing Kazakh-origin crude oil at the beginning of July and will continue to ...
- — Nigeria’s NNPC offers September crude cargoes amid stable prices
- at 8/4/26 4:00amWest African crude oil price differentials held steady on Monday as market participants reviewed spot tender offers from Nigeria’s NNPC for September-loading cargoes. The Nigerian state oil company is offering a 950,000-barrel Cawthorne cargo scheduled to load between September 21 and September 22, along with a 950,000-barrel Bonny Light cargo set to load from September ...
- — Argentina’s farm exports fall 28% in July to $2.92 billion
- at 8/3/26 3:00pmArgentina’s agricultural exports reached $2.918 billion in July, a 28% decline from the same month in 2025, according to data released Monday by the CIARA-CEC grains processors and exporters chamber. The chamber attributed the year-over-year drop to unusually high sales in July 2025, which resulted from temporary reductions in export duties that were in place ...
- — India raises windfall taxes on fuel exports amid price volatility
- at 8/3/26 3:00pmIndia increased windfall taxes on fuel exports starting today, according to a government order released Monday. The move comes as global oil prices remain volatile due to the Iran conflict. The export duty on petrol rose to 3.5 rupees ($0.0367) per litre from 2.5 rupees. The government said the increase aims to ensure domestic supply. ...
- — Europe taps constrained markets for diesel supply
- at 8/3/26 4:00amGlobal middle distillate margins are hitting fresh highs as of July 27 after the breakdown of the US Iran ceasefire on July 7 and the July 20 Houthis attacks and threats to Saudi linked vessels in the Red Sea. Although these supply constraints have caused tightness globally, Europe has been particularly sensitive to the supply ...
- — US soybean exporters shift to new markets as sales to China slump
- at 8/3/26 4:00amUS soybean exports remain substantially lower year over year due to a drop in shipments to China, its largest market, with just a little over a month left in its marketing year 2025-26 (August-September), market participants told Platts, part of SP Global Energy. Soybean exporters in the US have increased their sales to other markets, ...
- — India stands alone as Asia’s demand growth engine as US-Iran hostilities reignite
- at 8/2/26 3:00pmAsia-Pacific refined products demand should hold above Mays trough and return to y/y growth by year-end, contingent on the course of the US-Iran conflict and Chinese crude buying. Neither outcome is possible without India. Historical data and our implied demand model show Asian products demand falling by 3.11 Mbd y/y in April to its lowest ...
- — EU cuts Ukraine’s duty-free steel quota by 59%, beyond reduction in total imports
- at 8/2/26 3:00pmAt the stage of the new steel safeguard measure passing through joint adoption, the EUs legislative triumvirate signaled that Ukraine would receive special consideration, while its industry faces Russian attacks. However, the tariff-rate quota (TRQ) allocated to Ukraine appears to be among the most reduced relative to former exports. The regulation replacing the old steel ...
- — China’s crude oil imports fell in the second quarter
- at 7/31/26 3:00pmChina, the world’s largest importer of crude oil, imported less crude oil in the second quarter of 2026 (2Q26) following higher crude oil prices that resulted from disrupted flows through the Strait of Hormuz. China’s lower imports reduced global demand, softening the upward price effects from the disrupted supply through the strait. Monthly data from ...
- — Saudi SABIC shipments via Red Sea unaffected by Mideast conflict
- at 7/31/26 3:00pmSaudi petrochemical giant SABIC does not currently see any impact on shipments via the Red Sea and is relying on supply-chain flexibility and alternative export routes to navigate trade disruptions amid the US-Iran conflict in the Middle East. • SABIC Q2 incurs $102 million adjusted net loss on Hormuz closure, related supply chain shocks • ...
- — South Korea refiners eye Venezuelan crude amid Hormuz disruptions
- at 7/31/26 4:00amSouth Korea’s four major oil refiners are exploring imports of Venezuelan crude oil as Middle East conflicts disrupt shipping through the Strait of Hormuz, according to a Korea Petroleum Association official. GS Caltex imported 110,000 barrels of Venezuelan crude in June to test its quality, the official said. The refiner will assess whether the crude ...
- — South Korea secures Australian condensate to offset Middle East supply concerns
- at 7/30/26 3:00pmSouth Korea is set to receive up to 1 million barrels per year of condensate from Australias Barossa project as SK Innovation ES plans regular equity cargo lifts, addressing concerns over irregular Middle Eastern ultra-light crude supplies and strengthening the countrys energy security amid geopolitical uncertainties, according to its parent company SK Innovation and industry ...
As of 8/9/26 12:15pm. Last new 8/8/26 2:16am.
- Next feed in category: Shipping News IMF OECD