Cochin Port recorded higher bunker fuel volumes as shipping companies shifted refuelling activity amid disruption linked to the Strait of Hormuz and tensions in West Asia.
Iran’s PGSA has outlined a claimed oversight zone across the Strait of Hormuz, raising concerns over permits, shipping risk, and legal exposure.
Iran has launched the Persian Gulf Strait Authority to manage Strait of Hormuz traffic, warning that unapproved vessel transit may be illegal.
Iran has introduced a Bitcoin-settled insurance service for domestic ships crossing the Strait of Hormuz as Tehran moves to formalize control over vessel traffic and related fees.
The IEA warned that disruption in the Strait of Hormuz could push global oil demand into contraction in 2026 as supply losses and inventory declines accelerate.
A bulk carrier was hit by a drone near Qatar while sailing from Abu Dhabi to Mesaieed, causing a minor fire before continuing its voyage.
South Korean investigators said two unidentified projectiles struck HMM Namu in the Persian Gulf, causing a fire that disabled the vessel.
CMA CGM confirmed its vessel CMA CGM San Antonio was attacked in the Strait of Hormuz, leaving crew members injured and the ship damaged.
More than 1,000 vessels remain stranded across the Gulf as restricted Hormuz traffic drives war risk premiums sharply higher.
