Two tankers carrying crude oil have arrived in Singapore after being stranded in the Middle East for months, pointing to the resumption of activity in a critical waterway since the US and Iran reached an interim peace agreement in June, ship-tracking data shows. But...

Echoing UN Secretary-General António Guterres’s alarm at the resumption of strikes and counterstrikes between the US and Iran, UN International Maritime Organization (IMO) Council Member States on Thursday condemned Iran for its “continued threats” and alleged attacks...

A recovery in world oil demand is underway, with consumption set to rise from its May nadir on seasonal trends and as pent-up demand is released in line with a rebound in product supplies. Annual contractions ease from 4.8 mb/d in 2Q26 to 1.7 mb/d in 3Q26, followed by...