Browsing Tag
Strait of Hormuz
294 posts
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.
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.
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.
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.
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.
How Inpex turned a 22.8% oil volume drop into a record ÂĄ510bn profit year
Inpex lifts 2026 net profit forecast to record ÂĄ510 billion, launches ÂĄ140bn buyback and eyes mid-2027 Abadi LNG FID as Ichthys covers Hormuz shock.
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.
UAE says Iranian missile hit ADNOC-linked vessel as Strait of Hormuz deal hangs in balance
The United Arab Emirates says an Iranian missile targeted an Abu Dhabi National Oil Company-linked vessel in the Strait of Hormuz on August 8, even as Iran and Oman move closer to a shipping agreement that Washington hopes could reopen the world’s most important oil chokepoint.
Iran wants cargo-based fees as Oman negotiates new Strait of Hormuz system
Iran may gain control over inbound Hormuz traffic. The unresolved fight over inspections and fees could reshape Gulf energy security.
Trump calls Iran talks a last chance, but Tehran says no negotiations are underway
Trump calls Iran talks a last chance, but Tehran says no negotiations exist as disputes over Hormuz and nuclear policy threaten the pause.