48e95ac5c117e77224af6f3c46081661

Oil Markets Stop Believing Trump’s Peace Narrative

Fresh strikes on Kuwait and Oman undermine hopes of a U.S.-Iran de-escalation, keeping oil markets on edge and traders skeptical of diplomatic progress. Friday, June 05, 2026 This week’s strikes on Kuwait and the Friday morning attack on Oman have dented hopes for a de-escalation between US and Iran following the much-publicized Israel-Lebanon ceasefire. Whilst

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48e95ac5c117e77224af6f3c46081661

Trump Auction Opens Arctic Refuge Drilling Rights for First Time Ever

The Trump Administration is holding its latest lease sale in Alaska on Friday in a test for investors and environmentalists as the auction comprises tracts in the Coastal Plain of the Arctic National Wildlife Refuge. The Bureau of Land Management (BLM) is holding the oil and gas lease sale today, after last year the Trump

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48e95ac5c117e77224af6f3c46081661

Trump Floats Meeting Iran’s Supreme Leader, But Only If There’s A Deal

US President Donald Trump said the United States will win the conflict with Iran either “militarily or on paper,” referring to the fitful negotiations with Tehran, and he suggested he could meet with Iran’s reclusive supreme leader “if it was to make a deal.” “We’re going to win one way or the other,” Trump told

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A wave of container spot rate rises amid peak season and tight capacity

ID 26670969 © VanderWolfImages | Dreamstime.com 05/06/2026 Peak season is now fully under way, after a week in which spot rates on the transpacific and Asia-Europe trades all posted hefty increases. With pressure rising over the past couple of weeks as demand strengthened against tightish capacity, carriers were handed an opportunity to push through a

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Asian operators and shipowners spearhead more feeder ordering

Venergy’s newbuilding order signing. Credit: CSSC Huangpu Wenchong Shipbuilding 05/06/2026 Feeder ships continue to dominate newbuilding orders for containerships, driven by Asian players. During the Posidonia event in Greece this week, Greek owner Venergy Maritime’s container shipping arm, OceanV Maritime, added to its orderbook with two 1,900 teu ships from CSSC Huangpu Wenchong Shipbuilding, with

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