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Trump shares video of massive explosions in Iran’s Isfahan after US-Israeli strikes; bunker-busters reportedly used

US President Donald Trump on Tuesday intensified his messaging around America’s ongoing military campaign against Iran by sharing dramatic footage of explosions in the city of Isfahan. The video, posted on Truth Social without a caption, showed large fireballs...

Asian refiners pivot to US crude on Hormuz disruptions, lifting WTI spot premium

Spot premiums for US crude grades are expected to continue rising as Asian refiners ramp up WTI Midland crude imports to bridge the gap caused by reduced Middle Eastern cargo deliveries, making US suppliers and producers clear winners in the latest Persian Gulf...

War speeds orders as Korea shipbuilders secure steady contracts

As it approaches a month since war broke out between the United States and Israel and Iran, the order books of Korea’s shipbuilders show no signs of being hit. Some even said contracts are being concluded faster than before, unlike in the past when shipowners tended...

US wants IMO to scrap Net-Zero Framework

The US has called on the IMO to “end consideration” of the Net-Zero Framework and not resume the Marine Environment Protection Committee’s Extraordinary Session 2 (MEPC ES 2). The MEPC ES 2 session was adjourned in October 2025 for 12 months. Its possible resumption...

Strait of Hormuz Reopening Seen as Key to Oil and Fertilizer Flows

On Thursday after the market close, President Trump announced on Truth Social that the U.S. was pausing strikes on Iran’s energy sector for ten days, to April 6th, so peace negotiations can take place. Ideally, a ceasefire will emerge, and the Strait of Hormuz will...

Trump shares video of massive explosions in Iran’s Isfahan after US-Israeli strikes; bunker-busters reportedly used

Asian refiners pivot to US crude on Hormuz disruptions, lifting WTI spot premium

War speeds orders as Korea shipbuilders secure steady contracts

US wants IMO to scrap Net-Zero Framework

Strait of Hormuz Reopening Seen as Key to Oil and Fertilizer Flows

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