UPDATE: Emirates anticipates 1-2 months of continued shipping disruption following the reopening of the Strait of Hormuz. The timeline reflects ongoing logistical challenges in the region.
Emirates expects shipping disruptions to persist for one to two months following the reopening of the Strait of Hormuz.
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Emirates expects shipping disruptions to persist for one to two months following the reopening of the Strait of Hormuz.
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UPDATE: Slovakia resumes oil imports via the Druzhba pipeline at 02:00, ending a months-long disruption caused by a Russian strike on the infrastructure.
Slovakia has resumed oil imports through the Druzhba pipeline following a months-long disruption caused by a Russian strike on the infrastructure.
UPDATE: Russia announces the cessation of Kazakh oil transit to Germany starting May 1. Kremlin spokesperson Dmitry Peskov also addressed OPEC+ policy in response to the ongoing blockade of the Strait of Hormuz.
Kremlin spokesperson Dmitry Peskov announced that the transit of Kazakh oil to Germany will cease effective May 1. Additionally, the Kremlin addressed OPEC+ actions regarding the blockade of the Strait of Hormuz.
Sweden may implement energy usage restrictions if supplies from the Middle East remain disrupted by the war in Iran, Prime Minister Ulf Kristersson said.
Swedish Prime Minister Ulf Kristersson stated that Sweden may need to implement energy usage restrictions if energy supplies from the Middle East remain disrupted by the war in Iran.
Kpler data shows Iranian oil exports to China remain steady at 985,000 barrels per day despite US naval blockade efforts. Iran's deputy parliament speaker Hamid-Reza Haji Babaei says the central bank has collected first revenues from a Strait of Hormuz toll system.
Maritime analytics firm Kpler reports that Iranian oil shipments to China continue at approximately 985,000 barrels per day despite a US naval blockade. Meanwhile, Iran's deputy parliament speaker Hamid-Reza Haji Babaei stated the central bank has received initial revenues from a new toll system in the Strait of Hormuz.
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