Category: Persian Gulf

Talks With Iran to Reopen Strait of Hormuz Make Progress, Officials Say

The New York Times – On the Runway:
Qatar said that draft language of a deal was being circulated, while the U.S. Treasury secretary suggested an agreement may be imminent.
The New Deal That Could Lock in Iran’s Control of the Strait, and the $7 Billion Trump’s Not Spending

The New York Times – On the Runway:
Plus, where are you supposed to practice the bagpipes?
Iran Says No Current Talks With U.S. After Trump Cites Progress on the Strait of Hormuz

The New York Times – On the Runway:
President Trump cited progress in the negotiations when canceling a threatened attack on Iran over the weekend. Iran said there were no current talks with the United States.
Shipping Risks Rise Across Crucial Middle East Oil Routes

The New York Times – Business:
Attacks on ships in the Strait of Hormuz and the Bab al-Mandab strait are disrupting the passage of oil tankers in the Persian Gulf and the Red Sea.
Oil Prices Jump After Trump Says Deal With Iran Is ‘Over’

The New York Times – Business:
Attacks on ships in the Strait of Hormuz sparked a new cycle of retaliation that could throttle the flow of energy from the region.
Oil Prices Jump After Renewed Strikes in Gulf Put Shipping Recovery at Risk

The New York Times – Business:
Attacks on ships in the Strait of Hormuz sparked a new cycle of retaliation that could throttle the flow of energy from the region.
New Strikes on Ships in Strait of Hormuz Test U.S.-Iran Cease-Fire

The New York Times – Business:
A U.S. official said Iranian missiles struck two commercial ships. There was no immediate comment from Iranian officials on the reported attacks.
Ships Pull Back Amid Heightened Risk From Iran-U.S. Strikes

The New York Times – Business:
Four days of attacks by both countries forced a sharp decline in the number of vessels navigating through the Strait of Hormuz.
How a Jet Fuel Refinery Is Scrambling After the Iran War Oil Shock

The New York Times – Business:
For a mega-refinery in Ulsan, South Korea, a top exporter of jet fuel to the West Coast of the United States and other places, weaning off Middle Eastern oil is no small feat.
Movement Through Strait of Hormuz Is Halted After Attack on Cargo Ship

The New York Times – Business:
The strike on a vessel near the coast of Oman prompted a U.N. agency to pause an evacuation of ships from the Persian Gulf.
U.S. Oil Is Skipping the Chance to Grab Market Share From the Gulf

The New York Times – Business:
U.S. oil production is expected to grow only modestly next year as companies hesitate to spend more in an uncertain market.
Mines, Logistics and Deep Uncertainty Threaten a Middle East Oil Rebound

The New York Times – Business:
More oil is getting out of the Persian Gulf, but the region’s producers are looking for signs that it is safe as they ramp up plans for alternative routes.