Tag: Ships and Shipping
How a Little-Known Company Dominated the Persian Gulf Oil Trade
South Korea’s Sinokor controls about half the tanker transits through the Strait of Hormuz, benefiting from a big bet just before the war in Iran started.
Cargo Floats in Strait of Hormuz as Iranian Shipping Attacks Rise
Footage shows small boats gathered around floating shipping containers after a Singapore-flagged cargo ship sank near the Strait of Hormuz on Wednesday. Analysts say Iran has ramped up its attacks on ships passing through the vital waterway.
Attacks on Tankers in Mideast Surge, but Oil Exports Remain Steady
Shipping operators are braving the Strait of Hormuz, but the risks are high and transportation costs have skyrocketed.
Families of Sailors Killed in Gulf Struggle for Compensation and Closure
Attacks near the Strait of Hormuz have claimed the lives of at least 25 seafarers. Their survivors are reeling.
Oil Prices Rise as Iran Steps Up Attacks and Fighting Intensifies
In a volatile moment for energy markets, more vessels are being hit while transiting the Strait of Hormuz, while the Houthis and Saudi Arabia traded attacks.
World’s Energy Order Tested Again as Iran War’s Reach Extends Further
“We are entering an age of prolonged insecurity,” one former U.S. energy official said of what have become chronic threats on the Middle East’s energy core.
Saudi Arabia Has Few Options as Houthis Aim at Heart of Its Ambitions
Three deadly attacks by the Iran-backed Houthis in Yemen on an airport in the Saudi capital underscored the asymmetrical nature of their conflict with the kingdom.
Oil Prices Jump on Outburst of Violence in the Middle East
Attacks on ships around the Strait of Hormuz have continued as a war between Saudi Arabia and the Houthi militia intensified.
How the Houthis Triumphed on the Red Sea and Sparked a New War in Yemen
In a single night, an Iran-allied militia trounced Saudi-backed forces to take control of Yemen’s Red Sea coast. No one was able, or willing, to stop them.
How a Small Business Got Entangled in U.S. Sanctions on Iranian Oil
The case of a small Malaysian shipping agency illustrates the challenges Washington faces in its effort to stanch the flow of Iranian oil.