Oil companies and governments are consuming their once vast stockpiles as Iran and the United States continue to struggle for control over the Strait of Hormuz.
Category: Persian Gulf
-
Why These Giant Storage Tanks Increasingly Hold Very Little Oil
The New York Times – Business: -
Under Threat, Saudi Arabia Reroutes Oil Exports Yet Again
The New York Times – Business:Forced away from the Strait of Hormuz in the Persian Gulf, the Saudis turned to the Red Sea. Now they are relying on a less dangerous but more complicated detour via the Suez Canal.
-
Iran Warns Gulf States Not to Join Trump’s Economic War
The New York Times – On the Runway:Iran’s new hard-line national security adviser, Mohsen Rezaei, vowed to prevent “a single drop of oil” from leaving the region.
-
Why Your Next Long-Haul Layover May Be in Seoul, Not Dubai
The New York Times – Travel:The Iran war has slashed transit traffic at Middle Eastern airports, creating opportunities for hubs in Asia and beyond — at least for now.
-
Ship Exiting the Strait of Hormuz Is Attacked
The New York Times – Business:At least 17 commercial sailors have been killed in and around Iranian and Omani waters since March. Six months into the conflict, the vital waterway remains exceptionally dangerous.
-
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.