Strait of Hormuz

All Global Commodity Partners coverage tagged Strait of Hormuz.

A large commodity vessel navigating through a narrow strait, representing the Strait of Hormuz.

Maritime Logistics

Strait of Hormuz Commodity Vessel Transits See Slight Increase

Data released on Thursday indicated a marginal rise in shipping traffic for commodity vessels through the Strait of Hormuz, even as a geopolitical standoff continued between the United States and Iran.

27 Aug 2026 · GCP Newsroom · 2 min read

Oil tanker navigating through a narrow strait, symbolizing the Strait of Hormuz

Crude Oil Prices Decline Amid Hormuz Reopening Discussions

Crude oil prices experienced a fourth consecutive day of decline following news of Qatar's Prime Minister's visit to Tehran to discuss the potential reopening of the Strait of Hormuz.

27 Aug 2026 · GCP Newsroom · 2 min read

A large oil tanker navigating through a strait, with land visible in the background.

Tanker Struck in Strait of Hormuz Amid Shipping Disruptions

A tanker was reportedly struck by a projectile in the Strait of Hormuz, according to the UK Maritime Trade Operations, as shipping disruptions continue in the critical chokepoint.

27 Aug 2026 · GCP Newsroom · 2 min read

A ship navigating through the Strait of Hormuz, with land visible on either side.

Maritime Logistics

Iran and Oman Continue Discussions on Strait of Hormuz Agreement

Iran and Oman are reportedly still engaged in discussions to finalize an agreement concerning the Strait of Hormuz, according to a senior Iranian source.

27 Aug 2026 · GCP Newsroom · 2 min read

Oil tanker navigating through a strait

Asian Crude Oil Imports Remain Stable, Challenging Transit Surge Claims

Asian crude oil imports are projected to maintain levels similar to July, with commodity analysts indicating no significant increase in tanker transits through the Strait of Hormuz, contrary to some claims.

27 Aug 2026 · GCP Newsroom · 2 min read

A large container ship navigating through a strait, with land visible on both sides.

Maritime Logistics

BIMCO Seeks Industry Input on Gulf Disruption Contract Gaps

BIMCO is requesting feedback from the shipping industry to identify and address contractual shortcomings that have emerged due to the challenging conditions in the Persian Gulf.

27 Aug 2026 · GCP Newsroom · 2 min read

Bunker tanker alongside a vessel in a European port

Fuel Oil Trading

Alkagesta Fuel Oil Market Outlook August 2026: Hormuz and Rhine Choke Point Pressures

Alkagesta's August 2026 fuel oil market outlook warns that a stalled Strait of Hormuz reopening and record-low Rhine water levels are squeezing prompt VLSFO and bunker supply across Singapore, Northwest Europe and the Mediterranean.

13 Aug 2026 · GCP Newsroom · 2 min read

Trading screens showing crude oil price movements

Alkagesta CEO Orkhan Rustamov: There Is No 'Normal' for Oil Markets to Return To

Writing in European Business Magazine, Alkagesta chief executive Orkhan Rustamov argues that traders awaiting a return to a stable $50-$80 Brent baseline are waiting for a market that no longer exists.

6 Aug 2026 · GCP Newsroom · 2 min read

Alkagesta and City A.M. logos marking the CEO opinion piece on oil market disruption

Alkagesta CEO Orkhan Rustamov Featured in City A.M. on Strait of Hormuz Oil Market Disruption

Alkagesta chief executive Orkhan Rustamov has written in City A.M. that the market's expectation of a return to stability is misplaced, pointing to accelerating bypass pipeline projects in the UAE and Iraq.

5 Aug 2026 · GCP Newsroom · 2 min read