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Tankers Sail Through Red Sea Despite Houthi Blockade

Β© Leanne Abraham/The New York Times
See How Houthis Put the Red Sea at Risk as an Alternative Oil Route

Β© The New York Times
Ukrainian drone strikes forced Russia to stop shipping in vital sea corridor
Ukrainian drone strikes have forced Russia to completely halt shipping in the Sea of Azov in less than a week, showing once again how a country without traditional naval power can still effectively blockade maritime corridors.
Ukraineβs Unmanned Systems Forces have flown one-way attack drones to target and strike more than 100 Russian tankers and other ships in total, along with posting video evidence showing such drone strikes occurring every night between July 6 and July 14. The campaign has forced Russia to completely shut down the shipping route that flows from Russiaβs Don River into the Sea of Azov, and to halt all Kerch Strait shipping transits from the Sea of Azov into the Black Sea, according to Reuters reporting.
The shutdown of such maritime lanes has further isolated the Russian-occupied Crimean Peninsula by cutting off seaborne delivery of fuel in particular. Crimea had already been experiencing severe fuel rationing and power outages as Ukraine stepped up its mid- and long-range drone strike campaign on Russian energy infrastructure and supply lines, leaving behind damaged oil refineries with billowing black smoke and burned-out trucks littering highways.


Β© Planet Labs PBC
Oil Market Calm Shattered by Fresh Hostilities Between US and Iran

Β© The New York Times
Oil Prices Return to Prewar Levels After Four Months

Β© The New York Times
How a Jet Fuel Refinery Is Scrambling After the Iran War Oil Shock

Β© Chang W. Lee/The New York Times
U.S. Oil Is Skipping the Chance to Grab Market Share From the Gulf

Β© Arathy Somasekhar/Reuters
Average U.S. Gas Price Falls Below $4 After U.S.-Iran Agreement

Β© Vincent Alban/The New York Times
Deal to Reopen Hormuz Kicks Off Long Effort to Ease Energy Crisis

Β© Reuters
Oil Prices Jump as Middle East Tensions Build

Β© Damian Dovarganes/Associated Press