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Washington and eight Gulf capitals are weighing a USD 10 bn fund to route oil and gas around Hormuz
The caveat: Not every Gulf state can build its way out of Hormuz
Egypt wants Austria to set up a logistics zone in the SCZone as an export base into Arab and African markets
Egypt already has Emirati, Turkish, Chinese, and Russian zones in the SCZone — an Austrian zone would be the newest…
Saudi Arabia's East-West Pipeline is pumping oil again after a drone attack knocked it out for over a week
Aramco is preparing to reopen Yanbu to Asian buyers while pushing more crude through Hormuz than it has in a…
TODAY: US targets Iran airline service providers + Saudi Arabia’s East-West Pipeline is flowing again
What we’re tracking this morning regionally and around the world
Iraq starts trucking crude from Basra to Kirkuk to keep its northern oil-export route supplied
The pilot could scale fast — BOC is already lining up two more loading sites to feed the route
Washington says Hormuz is recovering — but shipping numbers say no yet
Washington is working with GCC states, shippers, and insurers to push volumes higher through Hormuz
TODAY: Is Hormuz reopening or are oil flows simply recovering?
What we’re tracking this morning regionally and around the world
Abu Dhabi’s imports take the train from Fujairah
Etihad Rail and AD Ports are linking Fujairah to ICAD
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