Brazil Sees Highest Oil Exports to China Following Strait of Hormuz Crisis
Brazil’s Oil Exports Surge as China’s Imports Shift Brazil has experienced a notable increase in trade with China, with the trade volume reaching a staggering $142 billion by September 2026. This surge is largely attributed to a rise in Brazilian oil exports, particularly following the crisis in the Strait of Hormuz, which impacted China’s oil […]
Two Vessels Go Down Near Strait of Hormuz Following ‘Projectile’ Strikes
Two Ships Sink in the Strait of Hormuz On Wednesday, two vessels either sank in or near the Strait of Hormuz after being hit by mysterious “projectiles.” There seems to be a general belief that Iran might be behind the attacks, possibly using missiles or drones. Interestingly, Iran claimed that one of the ships went […]
Tanker Information Reveals Far Fewer Barrels Per Day Passing Through Hormuz Than What The Energy Secretary Claims
Tanker-tracking data reveals that the recovery of oil traffic through the Strait of Hormuz is less robust than what Energy Secretary Chris Wright claimed on Monday. During a video address to an energy conference in Riyadh, Saudi Arabia, Wright stated that oil shipments through the strait had returned to about 80 to 90 percent of […]
Iran Criticizes U.S. Response in Hormuz as ‘Insufficient,’ Warns of Attacks on Undersea Cables and AI Centers if Conflict Reignites
Iran Criticizes U.S. Response to Hormuz Demands, Issues Threats On Sunday, Iran’s leading national security official deemed the U.S. reaction to Tehran’s demands concerning the Strait of Hormuz as “inadequate.” He further warned of potential strikes on American-linked undersea communication cables, data centers, and AI facilities in the region if hostilities resume. Maj. Gen. Mohsen […]
Iran’s grip on the Strait of Hormuz keeps weakening — and crude oil exports are recovering
In September, crude oil exports from the Middle East saw a significant increase as Iran’s grip on the Strait of Hormuz weakened. Recent data revealed that nineteen very large crude oil carriers, amounting to approximately 38 million barrels, made their way through the strait last week, as reported by Kpler. ‘You are preventing them from […]
Trump Dismisses Iran’s Hormuz Agreement: ‘They Are Struggling Significantly’
Trump Dismisses Iran’s Proposal on Strait of Hormuz President Donald Trump turned down Iran’s recent offer to reopen the Strait of Hormuz on Saturday, claiming that Tehran is “losing so badly” as the U.S. employs what he labeled the “greatest blockade ever in military history.” He expressed a readiness to negotiate, but only under terms […]
Trump Dismisses Iran’s 7-Day Hormuz Plan, Plans to Resume Strikes After Midterms
Trump Dismisses Iran’s Proposal for Strait of Hormuz President Donald Trump has turned down Iran’s suggestion for a seven-day plan to reopen the Strait of Hormuz and has indicated to his aides that he anticipates U.S. military strikes against Iran to resume following the November midterm elections. According to a report from the Wall Street […]
Metals rise as Hormuz negotiations ease crude prices, yields remain high
Gold and Silver Prices Update In early U.S. trading on Friday, spot gold prices saw a slight increase while spot silver prices experienced a notable rise. This uptick comes amidst falling oil prices fueled by renewed hope for a U.S.-Iran truce. However, the combination of elevated Treasury yields and expectations of further rate hikes from […]
Saudi Arabia is said to have restarted the pipeline that transported oil around Hormuz after drone attacks caused it to stop working.
Saudi Arabia Resumes Pipeline Operations Saudi Arabia has allegedly resumed operations on its pipeline that bypasses the Strait of Hormuz, which had been shut down due to drone attacks earlier in September. According to three unnamed sources who informed Reuters, the kingdom may begin crude exports from its Red Sea port of Yanbu later on […]
1B Passes Through Hormuz, ‘Strong Blockade’ Keeps Iran at 0
U.S. Forces Aid Oil Passage Amid Ongoing Tensions with Iran According to U.S. Central Command (CENTCOM) chief Adm. Brad Cooper, U.S. military forces have facilitated the passage of over one billion barrels of crude oil through the Strait of Hormuz recently, while Iran has reportedly exported none due to Washington’s strict measures. Cooper noted that […]