Oil
Japan Taps Smaller Ships to Get US Oil Faster on Supply Concerns
Some Japanese refiners are seeking to speed up deliveries of US crude following disruptions caused by the Iran war, opting for smaller ships that can transit the Panama Canal rather than sail around Africa.
One of Seven Stranded Malaysian Vessels Sails Through Hormuz
One of seven Malaysian-owned commercial vessels stranded in the Strait of Hormuz has been “granted safe passage” and is heading to its destination, Malaysia’s Ministry of Foreign Affairs said.
Trump Insists on Hormuz Opening as He Escalates Iran Threats
President Donald Trump insisted that freedom of navigation through the Strait of Hormuz be part of any deal to end the Middle East war and escalated threats to obliterate key Iranian infrastructure if his terms aren’t met before a Tuesday deadline.
