The crude tanker markets are expected to remain supported from the long term oil market fundamentals. In its latest weekly report, shipbroker Gibson said that “earlier this month, the International Energy Agency (IEA) released their annual report detailing a...

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Options markets suggest the probability of a disruption of oil flows through the Strait of Hormuz is just 4% following the Iran-Israel ceasefire, Goldman Sachs analysts said in a note on Thursday. Fears that Iran could close the Strait of Hormuz after U.S. strikes on...

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The conflict in the Middle East has led many insurance underwriters in the maritime shipping market to avoid offering coverage in the region to any U.S., Israel, or U.K.-linked vessels. “Many underwriters are not touching vessels with perceived U.S., U.K. or Israeli...

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Refiners across Asia are reassessing the need to bolster their emergency crude reserves amid rising geopolitical tensions in the Middle East. However, unfavorable storage economics and a general confidence in the stability of shipping flows between the Persian Gulf...

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The United States has reached an agreement with China on how to expedite rare earth shipments to the U.S., a White House official said on Thursday, amid efforts to end a trade war between the world’s biggest economies. President Donald Trump earlier said the United...

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