Global Tanker Shipping Risks

A sanctioned vessel has run aground and is leaking crude near a nature reserve in Oman, compounding maritime security concerns in the region.

▲ 20.96%  close $183.86 from $152.00

▼ 7.15%  close $153.80 from $165.65

▲ 6.29%  close $165.65 from $155.84

The reported attack on a Saudi vessel adds to mounting pressure on Red Sea trade routes, compounding existing tensions in the Strait of Hormuz.

▲ 5.65%  close $155.84 from $147.50

▲ 4.98%  close $147.50 from $140.50

▲ 5.09%  close $140.50 from $133.69

The clarification reduces the risk of a total chokepoint shutdown, though targeted restrictions on Saudi shipping keep insurance premiums elevated for regional trade.

▼ 3.37%  close $132.87 from $137.50

The incident at the CPC terminal adds to mounting shipping risks in the Black Sea, where Ukrainian forces have intensified attacks on Russian maritime energy infrastructure.

▲ 6.83%  close $142.89 from $133.76

▼ 6.28%  close $132.89 from $141.80

▲ 6.42%  close $141.80 from $133.24

▼ 5.07%  close $133.66 from $140.80

▲ 4.21%  close $140.80 from $135.11

▲ 3.19%  close $133.76 from $129.62

Emergency crews prevented a major explosion in Ilorin, underscoring persistent safety risks in West African fuel logistics.

“I commend our firefighters for their professionalism and prompt response, which prevented what could have been a major disaster.”

▲ 7.32%  close $136.30 from $127.00

The operator rejects allegations that refined products are being smuggled back into Nigeria via Lomé, countering narratives that could complicate its planned IPO.

“the statement said. It added that the refinery does not offer export discounts that could offset such costs or create opportunities for arbitrage between export and domestic markets.”