Mina Saud News Today

The U.S. and the UK are warning vessels to steer clear of Iranian waters to avoid further seizures.

The UAE reportedly asked the United States for a strong military presence in the Persian Gulf in order to counter Iran.

The seizure of two oil tankers last week in international waters was by no means a standalone event, and sources now suggest that China silently approved the Iranian actions

A commercial oil tanker was seized by Iran in the Strait of Hormuz on Wednesday in the second such merchant vessel seizure by the Islamic Republic in waters in the Arabian Gulf in less than a week

Ship intercepted shortly after 1pm local time in international waters as Iranians claim two dead in 'accident' with another craft

The oil tanker issued a distress call during the seizure.

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

A tanker carrying crude oil destined for Chevron has been seized by the Iranian Navy, the United States Navy said on Thursday.

There are signs of stabilization in the crude oil exports routes from Kuwait, after the fall witnessed over the last 18 months. In its latest weekly report, shipbroker Banchero Costa said that “2020 was overall a very negative year for crude oil trade. Total loadings in the 12 months of 2020 were down -6.2% y-o-y ...