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Iran’s Offshore Oil Stockpile Nears Exhaustion as Blockade Chokes New Supply

6 October 2026 at 20:53
Iran’s offshore crude stockpile in Southeast Asia is being rapidly depleted as the U.S. maritime blockade prevents fresh barrels from leaving the Persian Gulf, according to new tracking data from...

South Korean Operator Emerges as New Force in Arctic LNG Shipping

6 October 2026 at 19:06
New company takes on four Arc4 LNG carriers as Seoul looks to expand Busan’s role in Arctic shipping. A newly established South Korean ship manager is emerging as a potential new player in Arctic LNG shipping, taking control of four ice-class LNG carriers while planning a rapid expansion into the specialized fleet needed to transport gas along Russia’s Northern Sea Route.

Gulf Oil Flows Rise to Average 81% of Pre-war Rate in September

6 October 2026 at 18:41
Gulf oil flows excluding Iran surged to over 81% of pre-war levels in September, data showed, led by a recovery in Saudi exports despite attacks on the kingdom's oil infrastructure and escalating Iranian attacks on regional shipping, while Iranian exports fell to zero due to a US blockade.

A Dozen Seafarers Injured in Strait of Hormuz Tanker Attack, India Says

6 October 2026 at 16:14
Twelve seafarers were injured after a Panama-flagged oil tanker was struck by a projectile while transiting the Strait of Hormuz, according to India’s Ministry of External Affairs, marking one of...

Drone Sinks Ship Off Bulgaria, as Fears Grow About Hybrid Attacks By Russia

6 October 2026 at 09:24
The crew of a merchant ship was missing on Tuesday after the vessel sank in the Black Sea off NATO member Bulgaria following a drone strike that Prime Minister Rumen Radev described as a gross violation of international law.

US Blockade Bottles Up Dozens of Iranian Tankers, Nonprofit Says

6 October 2026 at 09:19
The US blockade of Iran is keeping dozens of laden tankers bottled up along the nation’s coast, while others outside the Persian Gulf are holding off Sri Lanka, according to United Against Nuclear Iran.

Hackers Breached Propulsion System of US-Bound Oil Tanker

5 October 2026 at 19:02
FBI and US Coast Guard investigators have found evidence that hackers accessed the propulsion system of an oil supertanker as it was approaching the Texas coast this summer, according to US officials familiar with the matter, an extraordinary breach that highlights the growing physical risks from cyberattacks.

Opinion: Oil’s New Problem Isn’t Supply. It’s Logistics

5 October 2026 at 17:13
Middle East crude exports recently climbed to their highest levels since the start of the Iran war as more Gulf producers resume transit through the Strait of Hormuz – despite the continued threat of Iranian attacks. Yet oil prices remain stubbornly elevated, suggesting logistical problems are proving as disruptive as outright supply losses.

Saudi-Backed Forces Claim Control of Bab el-Mandeb Strait

5 October 2026 at 17:04
Saudi-backed Yemeni government forces have secured effective control of the Bab el-Mandeb Strait, Yemen's Information Minister Moammar al-Eryani told Reuters on Monday, though fighting continues with Houthi forces in the area.

From Residue to Resource – the Rise and Risks of Marine Biofuels

5 October 2026 at 14:27
By Mark Smith, Director – Decarbonisation, NorthStandard While corn, sugarcane, wheat, or vegetable oils can be converted into fuel, their use for foodis driving demand to develop waste or bi-products from agricultural, forestry, food-processing and other biological industries as more prudent alternatives. Bio-residues can, for example, be used to derive fuels or fuel...

Middle East Oil Exports Top Pre-War Levels for Part of September But Tanker Attacks Increase

5 October 2026 at 14:18
Gulf oil exporters topped pre-war levels for about half of September, shipping data showed on Monday, though attacks on tankers and logistical constraints cloud the outlook for sustained higher flows.
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