market News

Latest maritime market updates and reports

Splash247
market March 6, 2026

US Grants Waiver for Russian Crude Delivery to India Amid Sanctions

The US Treasury has issued a 30-day waiver permitting Indian refiners to accept Russian-origin crude and petroleum cargoes already loaded on tankers, as reported by Splash247. This move aims to mitigate the impact of the ongoing conflict between Iran and the US/Israeli coalition, which has disrupted tanker operations in the Middle East.

gCaptain
market March 5, 2026

Global LNG Supply Faces Strain as Qatar Halts Production

The global liquefied natural gas (LNG) supply is under pressure after Qatar halted production and declared force majeure due to Middle East conflict, leaving top producers in the U.S. and Australia with limited capacity to compensate, as reported by gCaptain. Industry analysts and Reuters calculations indicate that the halt has left little backup supply.

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