Business
Red Sea Tanker Attacks Push Oil Above $96 a Barrel
Houthi claims against two Saudi tankers have exposed the weakness in plans to bypass Hormuz, sending Brent higher as two vital shipping routes face risk.
Jul 23, 2026
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15 stories for“tankers”
Business
A Tanker Took Three Projectiles in the Strait, and This Time the Traffic Data Moved
Brent topped 92 dollars on Tuesday, up from just over 88 at Monday's close. A tanker was hit crossing the Strait of Hormuz on Monday by three unknown projectiles, and transits through the channel fell to 107 in the week to 30 August from 121.
Sep 1, 2026
Business
Two Filipino Seafarers Were Killed on a Tanker in Hormuz, and the Retaliation Reached Kermanshah
The Saudi carrier Bahri says two crew died in a security incident aboard the SIDR while transiting the strait on 31 August. Iran says four IRGC aerospace personnel were killed in United States strikes days later.
Sep 5, 2026
Business
Oil Is Back Near $100, but the Outlook Splits Between Shipping Risk and Weak Demand
Brent's renewed jump toward $100 reflects Middle East shipping danger, while IEA and EIA forecasts point to demand destruction and lower prices if supply routes normalize.
Jul 25, 2026
Business
Oil Is Flowing Again, but the Fuel Market Is Still Far From Normal
Crude shipments through the Gulf have recovered sharply, yet refineries and fuel supply remain constrained. That gap explains why cheaper oil may not quickly reach consumers.
Jul 31, 2026
Business
The Federal Reserve Is Arguing About a Rate Rise, and a Shipping Lane Is Casting the Deciding Vote
Governor Christopher Waller said he is inclined to hold in September, and market odds on a rise fell about twelve points to 54.6 percent. With rates at 3.50 to 3.75 percent, the swing variable is how fast energy supply chains normalise.
Sep 4, 2026
Business
The Gas Shock Reaches Far Beyond the Energy Bill
Tighter LNG supply is reducing gas demand, but the deeper risk runs through electricity, industry, fertilizer and food prices. Energy security is becoming economic security.
Jul 31, 2026
Business
Oil Above a Hundred Has Made Next Week's Fed Meeting a Coin Toss on a Rate Rise, and the Treasury Tripled Its Buybacks
Wall Street fell for a third day as Brent settled at 101 dollars and the ten-year yield touched its highest since 2023. Futures price a better than even chance of a quarter-point rise on 16 September. What the buyback means, and what to watch.
Sep 10, 2026
Business
The Strait Reopens Every Few Weeks in the Headlines and Six Ships a Day in the Data
Day 187 brought more reporting on efforts to reopen the Strait of Hormuz. The transit count on the latest published day was six, against a pre-war baseline of about 85 a day, and the market puts one percent odds on normal traffic by 15 September.
Sep 4, 2026
Business
The Strait of Hormuz Has Been Shut for Almost Six Months. Oil Is at $93, Not $200, and That Gap Is the Story.
A potential war is the wrong frame. Fighting began on 28 February and the strait closed on 4 March. The economic damage is real and measurable, and it is far smaller than the forecasts issued in the first month, for reasons worth understanding.
Aug 22, 2026
