Tankers Entering Hormuz During Iran War Are Exiting with Cargo — But Many Are Going Dark on AIS

A small but determined group of shipowners is successfully running the gauntlet through the Strait of Hormuz. According to vessel-tracking data compiled by Bloomberg, at least 19 oil- and liquefied petroleum gas (LPG)-carrying ships without Iranian links have both entered the Persian Gulf and exited with cargo since March 1, 2026 — the period since […]

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Iran Launches Bitcoin-Backed “Hormuz Safe” Shipping Insurance for the Strait of Hormuz

Iran has launched a new state-backed digital maritime insurance platform called “Hormuz Safe” for vessels transiting the Strait of Hormuz, one of the world’s most critical energy chokepoints. The platform accepts Bitcoin and other cryptocurrency payments, allowing instant blockchain-verified coverage in a clear attempt to bypass Western financial systems and sanctions. According to reports from […]

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Oil Shortage Scenario is Starting to Surface

The warning signs are flashing brighter than ever. What began as a major supply disruption in the Middle East has rapidly evolved into a tightening global oil market where inventories are being drawn down at a record pace — and critically, not all of those barrels are actually accessible. A new analysis from Oilprice.com highlights […]

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Iran Attacks UAE Nuclear Plant: Drone Strike Hits Barakah Facility Amid Escalating Tensions

In a significant escalation of regional conflict, a drone strike targeted the Barakah Nuclear Power Plant in the UAE’s Al Dhafra region on May 17, 2026. The incident, which sparked a fire in an external electrical generator outside the plant’s inner perimeter, has raised immediate concerns about nuclear safety and energy infrastructure vulnerability in the […]

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Vietnam’s Largest Refinery Sees ‘Stable’ Operations Through June

Vietnam’s largest refinery, the Nghi Son Refinery and Petrochemical LLC (NSRP), has confirmed it will maintain stable operations through the end of June 2026. According to a company statement reported by Bloomberg, the facility is actively diversifying its crude oil supply by strengthening cooperation with both domestic and international suppliers across multiple regions. The 200,000 […]

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UK Moves to Ban New North Sea Oil and Gas Licenses Permanently – UK Deindustrialization and further fiscal failure on the horizen

The UK government has confirmed it will introduce legislation to permanently ban new North Sea oil and gas exploration licenses, embedding Energy Secretary Ed Miliband’s existing moratorium into law through the Energy Independence Bill. The move, announced in the King’s Speech on 13 May 2026, fulfills a core Labour Party manifesto pledge to position Britain […]

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