Tag Archives: Strait of Hormuz

Neste Strengthens Financial Position and Advances Strategic Initiatives Amid Turbulent Energy Markets

(IN BRIEF) Neste reported a strong financial performance in the first quarter of 2026, with significant increases in EBITDA, revenue, and cash flow despite ongoing volatility in global energy markets driven by geopolitical tensions and supply disruptions. The company benefited … Read the full press release

NORDEN upgrades 2026 profit outlook following strong tanker market performance and increased vessel sale gains

(IN BRIEF) NORDEN has raised its 2026 full-year net profit guidance to USD 70–140 million, supported by strong tanker market performance and increased gains from vessel sales. In Q1 2026, the company reported a net profit of USD 11 million, … Read the full press release

Pakistan’s illusion of Mediation in the Iran-USA Ceasefire!

(IN BRIEF) Pakistan’s role in the March 2026 U.S.–Iran ceasefire was largely symbolic rather than decisive. While it facilitated communication and hosted talks, it lacked the influence to shape outcomes, acting more as a conduit than a true mediator. The … Read the full press release