A seabed survey is usually an engineering step. For the Great Sea Interconnector (GSI), it has become a test of how far Greece, Cyprus and Türkiye can manage their maritime dispute without letting it derail a major infrastructure project. In mid-October 2026, the GSI developer applied to resume surveys for …
Read More »Iran’s evasion network survives, but the crude feeding it has run dry
Iran still has the knowhow, middlemen and shadow-fleet infrastructure it spent years developing to sell sanctioned oil to China. But it has now run out of oil outside Iran to put through that system. The US naval blockade has exposed a limitation in Tehran’s sanctions-evasion machinery: ship-to-ship transfers, false paperwork …
Read More »Overland lifelines under pressure: Iran’s trade with its neighbours
Iran is turning to its land borders for ways to keep trade moving as the U.S. naval blockade constrains shipping. But these routes are best seen as a buffer, not a substitute for maritime trade. They can help move selected goods, give merchants more options, and support businesses in border …
Read More »What can Iran’s new oil chief change under the US blockade?
Iran’s oil minister Mohsen Paknejad resigned Sunday, leaving acting minister Hamid Bovard with crude exports choked by a US blockade and scrutiny of intermediaries used to sell sanctioned oil, raising questions over what he can change. President Masoud Pezeshkian accepted Paknejad’s resignation on October 4 and appointed Bovard, chief executive …
Read More »Saudi East-West pipeline restarts, but flows remain restricted to 40% of pre-Houthi attack levels
Current throughput at 2.2 million barrels a day is well below the 5.5 million flowing daily before the Houthi attack, full recovery may take at least six weeks.New Delhi: Saudi Arabia’s East-West oil pipeline has resumed operations after an 11-day shutdown following Houthi drone attacks, but crude flows have recovered …
Read More »Russia’s diesel export ban opens new market for Indian refiners. Fuel shipments to Turkey surge
The surge, led by diesel shipments, rose to 81,000 barrels per day (b/d) in July and 41,800 b/d in August from zero in May and June.Udit Bubna 24 September, 2026 08:30 am IST New Delhi: India’s petroleum product exports to Turkey surged in July and August, as Ankara explored for …
Read More »Iran faces postwar winter with a third of gas capacity lost
Iran is racing to restore gas infrastructure before winter after losing about a third of its pre-war production capacity, a reconstruction challenge that could force Tehran into difficult choices between keeping homes warm, power plants running and industry supplied. Iranian officials say attacks have knocked out about 230 million cubic …
Read More »Indian Refiners Face 40% Crude Cost Surge As Middle East War Disrupts Flows
India has relatively limited direct exposure to the Yanbu route. Saudi supplies averaged about 315,000 barrels a day in August, compared with total Indian crude imports of around 4.7 million barrels a day. Indian Refiners Face 40% Crude Cost Surge As Middle East War Disrupts Flows India has relatively limited …
Read More »Can Iran replace sea trade with land routes?
Iran is shifting trade toward northern ports and land routes as its southern shipping faces a US blockade. Analysts say the corridors can keep essential goods moving, but cannot replace maritime trade. Can land corridors offset the impact of the maritime blockade on Iran? The US-led maritime blockade targeting Iranian ports …
Read More »The illusion of redundancy: Why oil markets are misreading Gulf supply risk
Oil markets are behaving as if the region’s supply problems will soon resolve themselves. That confidence is becoming increasingly difficult to justify.By mid-September 2026, futures prices had repeatedly eased or paused on the basis of limited diplomatic signals, even as three major vulnerabilities were developing at the same time: Iran’s …
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