Gulf Shipping Crisis Deepens as Tankers Stranded for Fifth Day, US Sinks Iranian Warship March 4, 2026 By Yousef Saba, Jonathan Saul and Anna Hirtenstein The U.S.–Iran war widened on Wednesday after a U.S. strike hit an Iranian warship off Sri Lanka, deepening a crisis...
NATO Shoots Down Iranian Ballistic Missile Headed for Turkey March 4, 2026 By Selcan Hacaoglu and Firat Kozok The North Atlantic Treaty Organization on Wednesday shot down a ballistic missile fired from Iran and headed toward Turkish airspace,...
Trump’s Hormuz Assurances Are Only a Partial Fix, Shippers Say March 4, 2026 By Weilun Soon, Ruth Liao and Serene Cheong President Donald Trump says the US will ensure the free flow of energy through the Persian Gulf with insurance guarantees...
Trump Orders Oil Tanker Insurance Support, Says Navy Could Escort Ships in Gulf March 4, 2026 By Jarrett Renshaw and Timothy Gardner The U.S. Navy could begin escorting oil tankers through the Strait of Hormuz if necessary, President Donald Trump said on...
London Marine Insurers Widen High-Risk Zone in Mideast Gulf as Conflict Escalates March 3, 2026 London’s marine insurance market has widened the area in the Gulf it deems as high risk as the conflict in...
Iran Conflict Disrupts Global Shipping as Tankers Are Stranded, Damaged March 3, 2026 By Jonathan Saul, Emily Chow and Jeslyn Lerh Insurance companies are canceling war risk coverage for vessels in the Middle East Gulf as the widening Iran conflict disrupts...
Waiting for Hormuz, More Oil Tankers Gather in the Persian Gulf March 2, 2026 By Weilun Soon Dozens of laden oil tankers are hunkering down inside the Persian Gulf after attacks near the Strait of Hormuz have...
Marine Insurers Cancel War Risk Cover as Iran Conflict Escalates March 2, 2026 By Emily Chow and Jeslyn Lerh Marine insurers are canceling war risk coverage for vessels and oil shipping rates are set to surge further after the...
EU Seeks G7 Coordination on Maritime Services Ban on Russian Seaborne Oil February 26, 2026 By Aigerim Turgunbaeva The European Union needs to coordinate its plan to impose a full maritime services ban on Russia’s seaborne crude oil...
Tankers Speed Through Hormuz Chokepoint on US-Iran Tensions February 6, 2026 By Weilun Soon Some supertanker operators, nervous about rising US-Iran tensions and potential risks to shipping in the Strait of Hormuz, are speeding...