tankers

Friday March 13, 2026 Oil tankers and cargo ships line up in the Strait of Hormuz as seen from Khor Fakkan in the United Arab Emirates on March 11, 2026 The U.S. military is “not ready” to escort oil shipments through the Strait of Hormuz, Energy Secretary Chris Wright said Thursday, as Iran keeps the strategic waterway largely shut and global oil prices whipsaw. Wright told CNBC that the market shock is a “short-term disruption,” predicting the war would last “weeks, not months.” He cast the current squeeze as “short-term…

Gulf crisis deepens as UN warns of mass displacement in Iran and tankers burn off Iraq The United Nations’ refugee agency warned that as many as 3.2 million people in Iran have been displaced since the war began almost two weeks ago, as fresh maritime attacks sent oil prices surging back above $100 a barrel and widened fears of a prolonged global energy shock. “This figure is likely to continue rising as hostilities persist, marking a worrying escalation in humanitarian needs,” the UN High Commissioner for Refugees said,…

Iran-linked attacks set two fuel tankers ablaze in Iraqi waters as Tehran escalated strikes on oil and transport infrastructure across the Middle East, warning the world to be “ready for oil to be 200 dollars a barrel.” The flare-up, coming as the joint U.S.-Israeli air campaign in Iran neared its second week, further rattled energy markets already reeling from disrupted Gulf shipping and a looming record release of strategic oil reserves. Port officials and maritime security firms said explosive-laden boats appeared to have…

U.S.-Iran war widens with tanker strikes, Hormuz blockade and oil-price shock as allies weigh record reserve release The United States and Iran signaled no quick end to their war as suspected Iranian attacks on fuel tankers near the Strait of Hormuz and fresh strikes across the Middle East kept the world’s busiest oil chokepoint effectively shut and sent crude higher. Nearly two weeks into a joint U.S.-Israeli air campaign, about 2,000 people have been killed — mostly Iranians and Lebanese — and global shipping and energy…

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Trump orders blockade of sanctioned oil tankers to and from Venezuela, escalating pressure campaign President Donald Trump ordered a “total and complete” blockade of sanctioned oil tankers heading to and from Venezuela, intensifying a months-long U.S. military buildup in the Caribbean and sharpening Washington’s confrontation with President Nicolás Maduro’s government. “Today, I am ordering A TOTAL AND COMPLETE BLOCKADE OF ALL SANCTIONED OIL TANKERS going into, and out of, Venezuela,” Trump wrote on his Truth Social…

Trump orders blockade of ‘sanctioned oil tankers’ bound for Venezuela, escalating standoff with Maduro WASHINGTON — President Donald Trump on Tuesday ordered what he called a “total and complete blockade” of all “sanctioned oil tankers” going into and out of Venezuela, a sweeping move that intensifies U.S. pressure on Nicolás Maduro and raises fresh legal and military questions about enforcement in the Caribbean. The announcement, delivered in a late-night social media post, came days after U.S. forces seized an oil tanker…