Browsing Tag
Strait of Hormuz
267 posts
Trump administration readies Iran financial offensive as Hormuz tensions escalate
US Treasury Secretary Scott Bessent is due to unveil another major sanctions package against Iran on August 24 as Tehran threatens broader disruption to Gulf oil exports.
August 24, 2026
UAE suspends all Iran trade and financial transactions after new ballistic missile threat
UAE halts all trade and financial transactions with Iran after a missile scare, threatening one of Tehran’s most important economic lifelines.
August 19, 2026
Tufton Assets (LSE: SHIP) lifts dividend target after 14.7% NAV surge as shipping disruption drives charter rates higher
Tufton Assets is lifting its annual dividend target after a 14.7% quarterly NAV return, as stronger charter rates and vessel values boost shipping economics.
August 19, 2026
Strait of Hormuz virtually shuts as Iran defies US and Trump tells Americans to accept $4 gasoline
Only two ships were recorded crossing the Strait of Hormuz on August 14, with no visible crude shipments, as Iran vowed to maintain its blockade and Donald Trump told Americans that higher gasoline prices were a necessary cost of preventing Tehran from obtaining a nuclear weapon.
August 15, 2026
Strait of Hormuz traffic collapses after two UAE oil tankers come under drone attack
UAE blames Iran for attacks on two oil tankers as Strait of Hormuz traffic collapses and Washington threatens tougher economic pressure.
August 14, 2026
Trump claims US has total control of Strait of Hormuz as Iran peace talks stall
Trump says the US has total control of Hormuz, but Iran rejects ceasefire-extension claims as stalled peace talks deepen the global energy crisis.
August 12, 2026
ADNOC Gas commits $13.2bn to Rich Gas Development as 60% EBITDA target meets Hormuz risk
ADNOC Gas has approved the final two phases of its $13.2 billion Rich Gas Development programme, including new processing capacity at Habshan and NGL fractionation at Ruwais. The expansion lifts its 2030 EBITDA growth target to 60%, but a 52% quarterly profit decline has exposed how strongly export economics can still be disrupted by the Strait of Hormuz.
August 11, 2026
ADNOC Gas Q2 profit falls 52% to $665m but beats guidance range
ADNOC Gas's Q2 profit fell 52% but beat guidance, and $8.2bn RGD contracts lift the 2030 EBITDA target, though Hormuz and Habshan recovery still gate 2026.
August 10, 2026
How Inpex turned a 22.8% oil volume drop into a record ¥510bn profit year
Inpex lifts 2026 net profit forecast to record ¥510 billion, launches ¥140bn buyback and eyes mid-2027 Abadi LNG FID as Ichthys covers Hormuz shock.
August 9, 2026
ADNOC Logistics & Services spends $1.3bn on 11 ships as Hormuz risk raises fleet-control stakes
ADNOC Logistics & Services is adding six crude tankers and five gas carriers in a $1.3 billion fleet expansion designed to support higher ADNOC export volumes. Rapid secondary-market deliveries strengthen near-term earnings capacity, but the investment arrives as Strait of Hormuz disruption exposes the operational risks attached to owning more shipping assets in the Gulf.
August 9, 2026