The U.S.-Israeli war on Iran has disrupted oil and natural gas exports from the Middle East and forced production stoppages from Qatar to Iraq, with Kuwait announcing cuts over the weekend.Analysts predict that the United Arab Emirates and Saudi Arabia will also have to cut output soon as they run out of oil storage.Below are the main energy disruptions so far:PRODUCTION SHUTDOWNSIraqi output collapses: the country's oil production from its main southern oilfields has fallen by 70% to just 1…
Transit through the Strait of Hormuz remains controlled rather than open, but throughput is increasing, according to Windward’s latest intelligence report.On March 30, six AIS-transmitting vessels crossed the corridor, while additional movements…
The Trump administration on Wednesday announced a 60-day waiver of the Jones Act shipping law, temporarily allowing foreign-flagged vessels to move fuel, fertilizer and other goods between U.S. ports as soaring energy and agricultural prices…
At least five tankers laden with crude oil have left Iranian ports since U.S.-led airstrikes on Iran began on February 28, with liquefied petroleum gas supplies also moving on Friday, according to ship trackers and traders.The Gulf region's…
Qatar halted its production of liquefied natural gas on Monday as Israeli and U.S. strikes against Iran and Tehran's retaliation prompted precautionary shutdowns of oil and gas facilities across the Middle East.Saudi Arabia shut its biggest domestic oil refinery after a drone strike…
IBIA – International Bunker Industry Association Board announced the outcome of their elections at the IBIA Annual General Meeting (AGM), ahead of the IBIA Annual Dinner at the Grosvenor House Hotel in London’s Park Lane.A total of eleven candidates…
DP World Berbera has handed over a new, science laboratory to Sheikh University of Science and Technology, fulfilling a USD$250,000 commitment made in 2022 to advance education and empower future generations in Somaliland.The facility will enhance…
