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Vessel struck off Oman's Muscat, UKMTO says
DUBAI, March 1 (Reuters) - A vessel was struck on Sunday by an unknown projectile 50 nautical miles north of Oman's capital, Muscat, the United Kingdom Maritime Trade Operations agency said.The attack resulted in a fire in the vessel's engine room that has been brought under control, UKMTO a...Reuters
19 minutes ago
German Antisemitism Commissioner sees threat to Jewish life after US and Israeli attacks
BERLIN, March 1 (Reuters) - Germany must expect a rise in the threat posed to Jewish life after U.S. and Israeli attacks that killed Iran's Supreme Leader Ayatollah Ali Khamenei, Antisemitism Commissioner Felix Klein told the Funke media group on Sunday."It is to be expected that Iran will u...Reuters
30 minutes ago
WRAPUP 7-Israel says its air force strikes Tehran again after killing Khamenei but many targets remain
Israel and Iran each launch fresh strikesMore blasts heard in Dubai and DohaAir raid sirens sound in IsraelProtests in PakistanTop Iraqi Shi'ite cleric Sistani offers condolences after Khamenei's killingIsrael says its air force killed KhameneiBy Rami Ayyub, Jaidaa Taha, Elwely Elwelly and N...Reuters
33 minutes ago
OPEC+ to raise oil output slightly even as US war on Iran disrupts shipments
US attacks on Iran kill Khamenei, Gulf oil flows disruptedOPEC+ agrees to raise output by 206,000 bpd, sources saySaudi Arabia and UAE have already raised exports, sources sayOPEC has little spare capacity, analysts sayHormuz needs to reopen for oil to reach markets, analysts sayBy Olesya Astakhova,...Reuters
35 minutes ago
CORRECTED-OPEC+ agrees in principle on 206,000 bpd oil output boost, sources say
LONDON/MOSCOW, March 1 (Reuters) - Eight OPEC+ countries have an agreement in principle to raise oil output by 206,000 barrels per day in April, four sources familiar with OPEC+ thinking said on Sunday ahead of a meeting of the group.Reuters
37 minutes ago
Hundreds of ships drop anchor in Middle East Gulf as US war on Iran escalates, data shows
LONDON, March 1 (Reuters) - At least 150 tankers including crude and liquefied natural gas vessels dropped anchor in open Gulf waters beyond the Strait of Hormuz and dozens more were stationary on the other side of the chokepoint, shipping data showed on Sunday, after U.S and Israeli strikes on Iran...Reuters
41 minutes ago
UKMTO receives incident off Oman's Kumzar in Hormuz Strait
DUBAI, March 1 (Reuters) - British maritime agency UKMTO said on Sunday it has received a report of an incident 2 nautical miles north of Oman's Kumzar, located in the Strait of Hormuz. The strait is the world's most vital oil export route, which connects the biggest Gulf oil producers, such...Reuters
47 minutes ago
US-sanctioned oil tanker hit off Oman coast
March 1 (Reuters) - A Palau-flagged oil tanker under U.S. sanctions was hit on Sunday off Oman's Musandam peninsula, injuring four people, the country's maritime security centre said, without specifying what hit the vessel.The attack followed earlier drone strikes elsewhere in the Gulf count...Reuters
an hour ago
Hapag-Lloyd suspends all vessel transit through Strait of Hormuz
BERLIN, March 1 (Reuters) - German shipping group Hapag-Lloyd HLAG.DE has suspended all vessel transit through the Strait of Hormuz until further notice because of the evolving security situation in the region, it said on Sunday.Reuters
an hour ago
Zelenskiy praises Belgium's decision to seize Russian tanker
KYIV, March 1 (Reuters) - Ukrainian President Volodymyr Zelenskiy on Sunday praised Belgium's decision to seize a suspected Russian shadow fleet tanker."This particular vessel has long been under US, EU and UK sanctions, but nonetheless continued to illegally transport Russian oil using a fa...Reuters
an hour ago
OPEC+ debates oil output boost as US war on Iran disrupts shipments
By Olesya Astakhova, Alex Lawler and Ahmad Ghaddar LONDON/MOSCOW, March 1 (Reuters) - OPEC+ will consider a larger-than-expected oil output increase on Sunday, two OPEC+ sources said after the U.S.-Israeli war on OPEC+ member Iran and Tehran's retaliation led to shipment disruptions in the Mi...Reuters
3 hours ago
Oil tanker attacked near the coast of Oman
DUBAI, March 1 (Reuters) - Oman's maritime security centre said on Sunday that Palau-flagged oil tankeer Skylight was attacked about five nautical miles off Oman's Musandam.Four people were injured and the whole crew of 20 people was evacuated.Reuters
4 hours ago
Blasts heard over Dubai and Doha for second day, with Duqm port also targeted
Plumes of smoke seen over Jebel Ali port areaDubai is Middle East's top business and trade hubAirport, Burj Al Arab hotel and Palm Jumeirah island suffer damageBy Maha El Dahan and Andrew Mills DUBAI, March 1 (Reuters) - Loud blasts were heard in Dubai and Qatari capital Doha for a second day...Reuters
4 hours ago
Oman's Duqm commercial port hit by two drones, one injured, state news agency says
CAIRO, March 1 (Reuters) - Oman's Duqm commercial port was hit by two drones, injuring one expatriate worker, the state news agency said on Sunday.Debris from another drone fell in an area near fuel tanks, but there were no casualties or material losses recorded, it added.Reuters
4 hours ago
RBC Analyst Helima Croft On US-Iran Strikes Says Oil Price Impact Of Today’s Military Action Will Hinge On Whether IRGC Folds In Face Of Aerial Onslaught
Feb 28 (Reuters) - RBC ANALYST HELIMA CROFT ON US-IRAN STRIKES: OIL PRICE IMPACT OF TODAY’S MILITARY ACTION WILL HINGE ON WHETHER IRGC FOLDS IN FACE OF AERIAL ONSLAUGHTRBC ANALYST HELIMA CROFT: OUR UNDERSTANDING IS THAT REGIONAL LEADERS WARNED WASHINGTON ABOUT RISKS OF ANOTHER CONFRONTATION WITH IRA...Reuters
9 hours ago
Dubai airport, iconic Burj Al Arab hotel damaged in Iranian missile strikes
Dubai is the Middle East's biggest tourism and trade hubBurj Al Arab is one of the most recognizable symbols of the emirate's successDubai airport is one of the world's busiest travel hubs One of the berths at Jebel Ali Port catches fire DUBAI, March 1 (Reuters) - Dubai's interna...Reuters
12 hours ago
US not planning to tap strategic reserve as Iran war risks oil surge, FT says
Feb 28 (Reuters) - The U.S. is not considering releasing oil from its strategic petroleum reserve in the aftermath of strikes on Iran, the Financial Times reported on Saturday, citing a Department of Energy official familiar with the matter.There have been "no discussions at all about the SPR,&#...Reuters
12 hours ago
Oil and gas majors and traders suspend shipments via Hormuz, sources say
LONDON, Feb 28 (Reuters) - Several tanker owners, oil majors and trading houses have suspended crude oil, fuel and liquefied natural gas shipments via the Strait of Hormuz after the U.S. and Israel attacked Iran and Tehran said it had closed navigation, trading sources said on Saturday."Our ship...Reuters
12 hours ago
Four injured after incident at Dubai International Airport, Dubai media office says
CAIRO, Feb 28 (Reuters) - Four people were injured after an incident occurred at Dubai International Airport, the Dubai media office said on Saturday, as Iran continued to launch strikes on U.S. bases in the region. "Dubai Airports confirms that a concourse at Dubai International (DXB) sustained...Reuters
14 hours ago
