News

Iran warns Strait of Hormuz will not return to pre-war conditions | Daily Sabah  Daily Sabah

Pipeline, closed since 2015 after huge oil spill, reopens after president cites need to boost US supply amid war on Iran Oil has begun to flow from a controversial California pipeline for the first time in an over decade following a Trump administration order, despite state officials decrying the move. Sable Offshore Corporation, the Houston-based owner of the coastal pipelines, announced on Monday that offshore oil was now flowing through its Santa Ynez unit and Santa Ynez pipeline system, which runs through several California counties. Continue reading...

Seven drones intercepted in 'past several hours', Saudi Arabia says  Saudi Arabia’s defence ministry said on X that seven drones were intercepted and destroyed “in the past several hours” in the country’s oil-rich eastern region.

Iran is selecting ships from friendly countries to pass through the Strait of Hormuz, a crucial trade waterway cut off by the Middle East war, data trackers indicated Tuesday. Tehran's forces have closed off the waterway, through which a fifth of the world's oil and liquefied natural gas passes in peacetime, with deadly hits reported on vessels since the war began with US-Israeli strikes on Iran on February 28. But at least five ships exited the Strait via Iranian waters on March 15 and 16, maritime intelligence firm Windward said in an analysis report on Tuesday.

What to know about the Strait of Hormuz, a key oil shipping waterway  Fast Company

U.S. is letting Iranian oil tankers through the Strait of Hormuz, Bessent says  qz.com

Hormuz Strait pinch worsens for Asian chemical makers  Chemical & Engineering News

PARIS, March 17 (Reuters) - President Emmanuel Macron said France would never take part in operations to unblock the Strait of Hormuz, and that France was carrying on with work to prepare a coalition that could provide freedom of navigation once hostilities ended. "We are not party to the conflict and therefore France will never take part in operations to open or liberate the Strait of Hormuz in the current context," Macron said at the start of a cabinet meeting to discuss the conflicts in the Middle East.

Macron rules out French participation in operations to unblock Hormuz Strait French President Emmanuel Macron has ruled out the country's participation in operations to unblock the Strait of Hormuz, adding that France was carrying on with work to prepare a coalition that could provide freedom of navigation once hostilities ended. "We are not party to the conflict and therefore France will never take part in operations to open or liberate the Strait of Hormuz in the current context," Macron said at the start of a cabinet meeting to discuss the conflicts in the Middle East. Reporting by Reuters

Snorkeling in the Strait of Hormuz  The Atlantic

Tehran's attacks on its neighbors have some rethinking ties, but Arab states are no happier with Jerusalem, which it sees as having plunged the region into war and costly chaos The post Burnt by an Iran setting the region ablaze, Gulf also blames Israel for starting the fire appeared first on The Times of Israel.

U.S. seeks NATO help with Strait of Hormuz. And, SCOTUS blocks vaccine changes  NPR

The U.S.-Israeli conflict with Iran has plunged global aviation into chaos

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ATHENS, March 17 (Reuters) - Greece does not back any separate deals that would allow ships to enterand exitthe Strait of Hormuz but wants a durable solution to safeguard peace in the region, its Foreign Minister George Gerapetritis said on Tuesday. "We do not think that it is optimal to have separate agreements, so that ships enter or leave the Strait of Hormuz," Gerapetritis told reporters alongside his German counterpart Johann Wadephul in Berlin.

NEW DELHI, March 17 (Reuters) - India has had no discussions with Iran over the exchange of three vessels, a spokesperson for India's foreign ministry said on Tuesday. Reuters reported on Monday, citing sources, that Iran had asked for the return of three seized tankers in exchange for India asking for India-flagged or India-bound vessels' safe passage through the Strait of Hormuz, a key artery for global crude trade. (Reporting by Saurabh Sharma and Nidhi Verma, writing by Hritam Mukherjee)

Oil prices jump as Iran warns Strait of Hormuz ‘cannot be the same’  KTEN

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Yamayoshi Seika, which was established in 1953, calls Wasabeef a ‘national brand’

By Sudarshan Varadhan, Emily Chow and Ariba Shahid SINGAPORE/KARACHI, March 17 (Reuters) - Asian utilities are boosting coal-fired power generation to cut costs and safeguard energy supply, industry officials say, as the U.S.-Israeli war on Iran chokes liquefied natural gas (LNG) shipments and soaring prices threaten to suppress LNG demand. Asia spot LNG prices have doubled to three-year highs in the second major supply shock in four years, as shipping through the Strait of Hormuz has all but stopped and No.2 global exporter Qatar has halted shipments.