Iran
The price of insurance for ships passing through the Strait of Hormuz has increased 12 times
The cost of insurance for ships passing through the Strait of Hormuz has increased 12 times due to military risks in the region.
Ports in India again accept Rosneft after the outbreak of war in the Middle East
India has returned to buying Russian oil after the outbreak of war in the Middle East.
Russia halts grain exports to Iran due to war
Russian grain exports to Iran have been halted by the war in the Middle East.
Captain of ship detained for damaging submarine cable involved in arms shipments from Iran to Russia
The captain of the vessel, which Finland detained due to damage to the submarine cable, is involved in the supply of weapons from Iran to Russia.
Iran wants to buy Russian port of Astrakhan in exchange for military cooperation
The offer indicates a strategic rapprochement between the two isolated regimes — amid sanctions pressure and logistical changes in the region.
Oil prices fall amid possible truce between Iran and Israel
Oil prices hit their lowest level in two weeks after Israel agreed to US President Donald Trump’s ceasefire offer with Iran.
Oil prices could soar to $80/barrel and higher due to US attack on Iran’s nuclear facilities, — Bloomberg
The US attack on Iran and the subsequent possible developments could cause oil prices to soar to $80/barrel or higher.
EU postpones price cap on Russian oil due to situation in Middle East
EU to scrap proposals to cap Russian oil at $45/barrel due to Israel-Iran conflict
Shipping risks: how companies are responding to the escalation between Israel and Iran
Global shipping companies have warned of risks to key shipping lanes after Israel’s strikes on Iran, including the Strait of Hormuz.
Russia and Iran form port alliance to circumvent sanctions
Iran and the Russian Federation plan to hold talks on the creation of a joint consortium of ports and shipping companies.
