Ships are being forced to wait significantly longer to refuel at China’s top bunkering hub of Zhoushan, where the fallout from the US-Iran war has tightened supplies and pushed up prices.

Crude oil flows from the Middle East are returning toward pre-war levels despite continued risks to shipping, according to separate estimates from JPMorgan Chase & Co. and Goldman Sachs Group Inc.

Russia shipped the most crude in a month-and-a-half, while a jump in prices propelled the value of those cargoes close to the highest since the start of the invasion of Ukraine in 2022. But the benefits to the Kremlin are being undermined by its ban on overseas diesel sales.

Shareholders in the Shell Plc-led LNG Canada venture greenlit plans to double its liquefied natural gas export capacity, forging ahead with the multibillion-dollar investment as key customers in Asia face the biggest supply shock of recent times.

(Bloomberg) — Two countries signaled interest in sending ships to counter Houthi strikes in the Red Sea, top European Union diplomat Kaja Kallas said.  Kallas has been pressing countries to...

European imports of liquefied natural gas are rising ahead of the Northern Hemisphere winter, as prolonged disruptions to flows through the Strait of Hormuz threaten to intensify global competition for the fuel.

Water levels in the Rhine River plummeted to record lows over the weekend, threatening transport on a key shipping corridor for energy and industrial commodities across central Europe.

By Eltaf Najafizada and Courtney Subramanian Sep 27, 2026 (Bloomberg) –Iran stuck to its seven-day proposal for reopening the crucial Strait of Hormuz, saying it won’t soften its conditions, while President...

By Cliff Venzon Sep 27, 2026 (Bloomberg) –The Philippines said Chinese ships hindered a resupply mission to Manila’s military outpost in a disputed South China Sea shoal, in what could be...

By Eva Brendel and Marilen Martin Sep 26, 2026 (Bloomberg) –The halls of the Development Center for Ship Technology and Transport Systems in Duisburg, Germany are lined with model ships, small-scale...

By Courtney Subramanian Sep 26, 2026 (Bloomberg) –President Donald Trump said Saturday he rejected a deal from Iran to reopen the Strait of Hormuz as Saudi Arabia’s capital came under attack...

Two of the Iran-linked oil supertankers interdicted by American naval forces early in the war are just weeks away from reaching the US, where authorities have pledged to seize the vessels and millions of dollars worth of crude that they’re transporting.