GENEVA, Switzerland — Global energy markets and geopolitical alliances are recalibrating following a high-stakes diplomatic breakthrough in Switzerland. On February 16, 2026, delegations from the United States and Iran resumed formal indirect negotiations aimed at de-escalating a multi-year nuclear standoff and dismantling the "maximum pressure" sanctions framework that has throttled Iranian
LONDON/NEW YORK — February 17, 2026 — Global energy markets are currently suspended in a delicate balancing act as the Islamic Revolutionary Guard Corps (IRGC) concludes its "Smart Control of the Strait of Hormuz" naval exercises. The drills, which included the temporary closure of sections of the world’s most vital
In a dramatic escalation of geopolitical tensions, U.S. maritime forces successfully boarded and seized the sanctioned oil tanker Marinera on January 7, 2026, following a high-seas pursuit that drew in Russian nuclear-powered assets. The incident, occurring approximately 300 miles south of Iceland, marks a pivotal shift from economic sanctions
As the global economy prepares to turn the calendar to 2026, the shipping sector finds itself at a critical crossroads, oscillating between a return to normalcy and the looming threat of structural overcapacity. After two years of unprecedented volatility driven by geopolitical conflict and climate-induced bottlenecks, the final weeks of
As of December 22, 2025, the global energy landscape is facing a seismic shift following a series of high-stakes maritime confrontations in the Caribbean and Atlantic. The U.S. Navy and Coast Guard are currently in active pursuit of the Bella 1, a "dark fleet" tanker allegedly carrying millions of
Global financial markets are currently grappling with a significant and sustained decline in crude oil prices, a phenomenon that has intensified throughout 2024 and 2025. As of December 16, 2025, both Brent and West Texas Intermediate (WTI) crude oil benchmarks have plunged to near five-year lows, with WTI trading around
Okeanis Eco Tankers Corp. (OSE: ECO, NYSE: ECO) has announced a significant cash dividend of USD 0.75 per common share, a move that is likely to be welcomed by its investors. The Board's approval on November 12, 2025, sets the stage for payments on December 11, 2025, with ex-dividend
London, UK – November 6, 2025 – The global Very Large Crude Carrier (VLCC) market is navigating a complex landscape, as tanker rates, while easing slightly from the multi-year highs observed in late October, continue to demonstrate remarkable firmness. This sustained strength, with daily earnings consistently projected above $100,000, signals a
London, November 5, 2025 – The global crude oil market is experiencing a period of delicate equilibrium, with Brent crude oil futures easing towards the $64 per barrel mark and trading within a remarkably tight range. As of November 5, 2025, Brent crude (ICE:BRN00) is hovering around $64.23/b,
As of November 3, 2025, the global oil market is exhibiting a pronounced contango, a market structure where the futures price of crude oil is higher than its immediate (spot) price. This phenomenon, which has been steadily emerging and solidifying, signals a current oversupply of crude and a weaker near-term
The global oil market continues to grapple with the specter of oversupply, a sentiment reinforced by Rystad Energy's latest assessments. Despite the OPEC+ alliance's recent decision to pause output increases for the first quarter of 2026, experts like those at Rystad suggest that the underlying conditions for an oil glut
As of October 2025, the global oil shipping and tanker market is experiencing a period of extraordinary dynamism, marked by surging freight rates, record volumes of oil in transit, and a complex web of geopolitical tensions. This robust environment is creating significant opportunities for tanker operators, reminiscent of past market
PIRAEUS, GREECE – October 2, 2025 – TEN Ltd. (NYSE: TNP), a leading diversified crude oil, product, and liquefied natural gas (LNG) tanker operator, today announced the declaration of its regular quarterly cash dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares. This consistent payout, marking the 29th consecutive dividend for
India's diesel exports to Europe have seen a significant uptick in recent months, reaching elevated levels in August and September 2025. This surge is primarily driven by a complex interplay of traditional arbitrage opportunities and a strategic rush by European buyers to secure supplies ahead of impending European Union (EU)
Frontline plc (NYSE: FRO) reported Q2 2025 profit of $77.5 million, down 59% from last year but up from Q1. Revenue was $480.1 million, beating estimates.
