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09.10.26 - 22:00
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Treasury Hits Remaining ′Shadow Fleet′ Shipping Iranian Oil To Asia With New Sanctions (ZeroHedge)
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Treasury Hits Remaining 'Shadow Fleet' Shipping Iranian Oil To Asia With New Sanctions
The Trump administration is late this week moving to identify, punish, and cut off remaining tankers in Iran's so-called 'shadow fleet' which are still engaged in shipping Iranian oil to Asia.
Thursday saw the US Treasury impose sanctions on 17 vessels and their owners involved in transporting Iranian crude oil, petroleum products and petrochemicals - with these being mostly aging oil tankers which conduct ship-to-ship transfers and other evasive, concealment tactics.
via ShutterstockThe Treasury Department hailed the action as effectively neutralizing the vast majority of the Islamic Republic's remaining shadow fleet, through which Tehran still rakes in potentially billions in foreign oil sales, circumventing the ongoing US naval blockade of its ports.
However, it's commonly estimated that some 20 million barrels of Iranian crude remain aboard ships which are far outside the reach of the Persian Gul...
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09.10.26 - 16:36
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Iran Strikes LPG Tanker In Strait Of Hormuz, As Houthis Reportedly Mine Bab al-Mandab (ZeroHedge)
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Iran Strikes LPG Tanker In Strait Of Hormuz, As Houthis Reportedly Mine Bab al-Mandab
Summary
Houthis reportedly mine Bab al-Mandab: Saudi media reports 'dense' mining in the strategic Red Sea shipping route, with demining operations underway.
Iran escalates tanker attacks & threats: The IRGC claims it struck an LPG tanker in the Strait of Hormuz, causing a major fire, and threatens further action against violating vessels.
Vessel struck near UAE: UKMTO reports an unknown projectile hit a vessel west of UAE's Al Jazeera, sparking a fire that has since been extinguished.
Trump signals temporary restraint ahead of midterms: Trump rules out attacking Iran before the November midterms, while diplomatic talks reportedly remain stalled.
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Bab el-Mandeb Strait effectively closed by December 31?
Yes 17% · No 84%View full market & trade on Polymarket Houthis Mine Bab al-Mandab Strait: KSA Media
Saudi-funded Al Arabiya is reporting a 'worst fear' scenario on Friday, saying that Houthi milit...
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09.10.26 - 16:12
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Iran reklamiert Angriff auf ein Tankschiff (DPA-AFX)
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TEHERAN (dpa-AFX) - Irans Revolutionsgarden haben eigenen Angaben zufolge einen Flüssiggastanker attackiert. Der LPG-Tanker "NV Sunshine" sei in der Straße von Hormus beschossen worden, hieß es in einer Erklärung der mächtigen Militärorganisation, die ......
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09.10.26 - 12:31
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Trump Rules Out Iran Attack Before Midterms, OpenAI Eyes $70B Revenue (Bloomberg)
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Today's guests: Michael Miebach, Mastercard CEO; Andrew Sheets, Morgan Stanley Global Head of Fixed Income Research; Morris Reid, Actum Partner; Melinda French Gates, Pivotal Founder (Source: Bloomberg)...
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09.10.26 - 09:06
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Oil prices fall as Trump pauses Iran attacks, China restarts fuel exports – business live (The Guardian)
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Brent crude prices fell on Friday as president Donald Trump promised not to attack Iran ahead of the US midterm elections in NovemberGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.We're seeing a dip in oil prices this morning, with Brent crude down about 1% at $103 per barrel, following another momentary pause in US attacks on Iran.
We are having productive discussions with the Islamic Republic of Iran. I want to make it clear to everybody that, while Iran is in very bad condition, both Economically and Militarily, and while the Blockade will remain in full force and effect, with Oil flowing in Record Numbers of Barrels through the Hormuz Strait (22 Million Barrels, last night alone, with not one barrel coming from, or going to, Iran!), we will not be attacking Iran at any time prior to the Midterm Elections to be held in the United States on November 3rd. IRAN WILL NOT HAVE A NUCLEAR WEAPON!9am BST: Italian Industrial production Continue read...
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