Bitumenmag

Iran War Escalation: Five Scenarios for Global Oil, Bitumen and Shipping Markets

Oct 24, 2026

According to WPB, the prospect of another major escalation involving Iran, the United States, and Israel is creating renewed uncertainty across globa...

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Global Bunker Fuel Buying Shifts Away From Fujairah as Middle East War Drives Prices Over 70% Higher

Oct 17, 2026

According to WPB, the Middle East war is reshaping the global marine-fuel market as bunker prices remain more than 70% above pre-war levels, shipowne...

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Saudi Arabia Targets 10 Million BPD Pipeline Export Capacity as Hormuz Bypass Strategy Expands

Oct 13, 2026

According to WPB, Saudi Arabia plans to raise its crude-oil export capacity through pipelines to as much as 10 million barrels per day over the next ...

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Could the November 3 U.S. Elections Change the Course of a War with Iran? Three Decisive Scenarios for the Strait of Hormuz and the Global Bitumen Market

Oct 11, 2026

According to WPB, the November 3 U.S. midterm elections are becoming an increasingly important political boundary for Washington’s Iran strategy, s...

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UAE Lifts September Ban on Listed Vessels, Restores Previous Port Entry Procedures

Oct 03, 2026

According to WPB, the United Arab Emirates has cancelled a September maritime circular that prohibited a specified list of vessels from entering UAE ...

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Red Sea War-Risk Premiums Triple to 3% at Yanbu as Saudi Tanker Route Faces New Cost Barrier

Oct 01, 2026

According to WPB, Saudi Arabia’s attempt to restore the Red Sea as a major alternative to the Strait of Hormuz is facing a new cost barrier as quot...

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Saudi Arabia Targets 50% East–West Pipeline Restart Within Days, Full Recovery Seen by Late October

Sep 17, 2026

According to WPB, Saudi Arabia is seeking to restore around half of the capacity of its damaged East–West Pipeline within days, while full recovery...

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U.S. House Clears Up-to-100% Tariff Powers as India Vows to Protect Energy Security

Sep 17, 2026

According to WPB, legislation that could expose major buyers of Russian energy to U.S. tariffs of up to 100% has moved one step closer to taking effe...

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Saudi Arabia’s Key Hormuz Bypass Goes Offline After Drone Attack on East–West Pipeline

Sep 12, 2026

According to WPB, Saudi Arabia has temporarily shut its strategic East–West Pipeline following multiple drone attacks, taking one of the Middle Eas...

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Gulf States and Iran Open High-Level Talks on Temporary Hormuz Shipping Framework

Sep 11, 2026

According to WPB, Gulf Cooperation Council foreign ministers are preparing to meet Iranian Foreign Minister Abbas Araghchi in Salalah, Oman, in a new...

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South Korea Weighs Military Options to Support Hormuz Navigation as Asian Energy Security Risks Rise

Sep 05, 2026

According to WPB, South Korea is reviewing practical measures to support freedom of navigation through the Strait of Hormuz, including options that c...

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Aqaba Gains Ground as Iraq’s Hormuz Alternative as Transit Cargo Jumps 155%

Sep 02, 2026

According to WPB, Jordan’s Aqaba port is emerging as a working alternative trade corridor for Iraq as disruption in the Strait of Hormuz redirects ...

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Iran Says Foreign Trade Has Fallen 35% as Sanctions and Maritime Restrictions Tighten Export Channels

Aug 29, 2026

According to WPB, Iran’s president has said the country’s exports and imports have fallen by nearly 35% under the combined pressure of U.S. sanct...

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Hormuz Is Back Under Pressure

Jul 30, 2026

According to WPB, renewed military escalation on July 29 has returned the Strait of Hormuz to the centre of oil and refined-products risk after sever...

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Iraq’s $17 billion megaproject takes off as the Faw Highway opens to link the Persian Gulf with Europe!

Jul 16, 2026

According to WPB, the completion of a 62-kilometre highway between Al Faw Grand Port and Umm Qasr gives Iraq’s $17 billion Development Road program...

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Why Is the U.S. Focusing Its Strikes on Southern Iran?

Jul 16, 2026

According to WPB, the renewed United States blockade of Iranian ports and the latest air raids across Iran’s southern coast immediately raise the r...

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From Pipeline to Port: How Effective Were the Alternative Routes to the Strait of Hormuz?

Jul 12, 2026

According to WPB, The Iran–US war and the prolonged disruption of commercial traffic through the Strait of Hormuz produced immediate consequences a...

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Tanker Traffic Through Hormuz Plunges; Military Uncertainty Disrupts Export Contracts

Jul 11, 2026

According to WPB, the developments has raised commercial risk across Middle Eastern and global energy supply chains, although the Strait of Hormuz ha...

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Ceasefire is over! The bitumen supply chain has entered crisis

Jul 09, 2026

According to WPB, renewed military exchanges between the United States and Iran have brought immediate attention back to the energy security of the G...

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Behind the Iraq-OPEC Tensions: Why Iraq’s New Stance Has Everyone Worried?

Jun 30, 2026

According to WPB, the latest developments surrounding Iraq's position within OPEC have attracted attention far beyond the crude oil market because th...

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