News and Security Alerts

Straight of Hormuz

DUBAI – Iran seizes vessel

Iran’s Revolutionary Guards have seized a vessel in the Gulf for allegedly smuggling 250,000 litres of diesel fuel to the United Arab Emirates.


YEMEN – Houthis Stoppage of Oil Tankers

The Iran-backed Houthi militias’ refusal to implement a legitimate Yemen government order on collecting customs fees on all oil derivative revenues at Hodeida port has led the halt of ten vessels in the Red Sea.

Secretary General

NIGERIA – Security key to oil stability

The Organisation of Petroleum Exporting Countries (OPEC) has commended the federal government of Nigeria for hosting the upcoming Global Maritime Security Conference

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