Tag Archives: persian gulf

Alex Krainer: Trump Trapped Himself in the Persian Gulf – Iran’s Comeback Just Changed Everything

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Are Ships Breaking Out of the Strait of Hormuz | Report from A Ship in the Persian Gulf

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On the April 2, 2026, update of the Strait of Hormuz, we discuss three ships running the southern Strait in Omani waters. Does this signify a change in shipping? What is the US policy toward the Strait of Hormuz. We talked with a merchant mariner who just returned from the Persian Gulf and what is it like onboard, what is the relationship with the US military, and why were cadets from the US Merchant Marine Academy still onboard ships in the region. Finally, we look at the latest UNCTAD report on the impact of the closure.

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Marine Traffic
www.marinetraffic.com

Preston Stewart
https://www.youtube.com/@PrestonStewart

President Trump Delivers an Address to the Nation, Apr. 1, 2026
https://www.youtube.com/live/OzhLRPZfOMQ?si=vdAoLthlTxYmz8hk

EIA US Imports from Persian Gulf
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PETu0026s=MTTIMUSPG1u0026f=A

EIA Gasoline and Diesel Prices
https://www.eia.gov/petroleum/gasdiesel/

Strait of Hormuz disruptions: Growth and financial implications
https://unctad.org/publication/strait-hormuz-disruptions-growth-and-financial-implications

What is happening on board ships in the Persian Gulf? | Update on Strait | Trump Admin Acts

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In this episode we take a look at the 3,200 ships and 20,000 crewmembers stuck on board ships and what one merchant mariner has reported on the situation on board. We updated the situation in the Strait of Hormuz and Persian Gulf, with Iran allowing ships to leave and enter, and also look at each of the major trading sectors. Finally, we look at the Trump administration proposal to remove the sanctions on Russian and even Iranian oil afloat to offset the increase cost and shortages, while enacting a 60-day waiver of the Jones Act, allowing foreign vessels to engage in the coastwise trade of the United States to haul oil, gas, and fertilizer.

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00:00 Introduction
00:50 Ships and Crew in the Persian Gulf
07:24 March 19 Update
13:48 Un-sanction Russian and Iranian Oil
17:30 60 Day Waiver of the Jones Act
28:43 Conclusion

Trump Waives Jones Act for 60 Days—Shipping Interests Say It Won’t Help Lower Gas Prices
https://gcaptain.com/trump-waives-jones-act-for-60-days-shipping-interests-say-it-wont-help-lower-gas-prices/

Iran establishes ‘safe’ shipping corridor for approved and paid for transits
https://www.lloydslist.com/LL1156656/Iran-establishes-safe-shipping-corridor-for-approved-and-paid-for-transits

G7 Allies Condemn Iran’s ‘De Facto Closure’ of Hormuz, Call for Immediate Halt to Attacks
https://gcaptain.com/g7-allies-condemn-irans-de-facto-closure-of-hormuz-call-for-immediate-halt-to-attacks/

Container Spot Rates Edge Higher: Transpacific Leads Gains, Hormuz Crisis Pushes Costs Higher
https://gcaptain.com/container-spot-rates-edge-higher-for-third-week-transpacific-leads-gains-hormuz-crisis-pushes-costs-higher/

Automotive sector set for disruption as large vehicle carriers remain stranded in Gulf
https://www.lloydslist.com/LL1156654/Automotive-sector-set-for-disruption-as-large-vehicle-carriers-remain-stranded-in-Gulf

Iran Attack Wipes Out 17% of Qatar’s LNG Capacity for up to Five Years
https://gcaptain.com/iran-attack-wipes-out-17-of-qatars-lng-capacity-for-up-to-five-years/

Yanbu loading risk rises as Iran targets energy infrastructure
https://www.lloydslist.com/LL1156667/Yanbu-loading-risk-rises-as-Iran-targets-energy-infrastructure

Concerns mount over rate hangover after wartime tanker boom ends
https://www.lloydslist.com/LL1156658/Concerns-mount-over-rate-hangover-after-wartime-tanker-boom-ends

Trump Floats U.S. Withdrawal from Hormuz ‘Straight’ Security Role
https://gcaptain.com/trump-floats-u-s-withdrawal-from-hormuz-straight-security-role/

Washington Issues Broad Waiver Reopening Venezuela Oil Sector to U.S. Companies
https://gcaptain.com/washington-issues-broad-waiver-reopening-venezuela-oil-sector-to-u-s-companies/

U.S. May Remove Sanctions on Iranian Oil Stranded at Sea
https://gcaptain.com/u-s-may-remove-sanctions-on-iranian-oil-stranded-at-sea/

Strait of Hormuz & Persian Gulf Update | March 4, 2026 | US Sub Sinks Iranian Ship | Russian LNG Hit

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An update on the current situation in the Strait of Hormuz, Persian Gulf, and Gulf of Oman. There are reports of an attack on a containership in the Strait, several ships were also hit outside the Strait. There was also an attack by a US submarine against an Iranian corvette off Sri Lanka and by a suspected Ukrainian unmanned surface vessel against a Russian LNG tanker in the Mediterranean.

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00:00 March 4 Update
04:30 Can the US Navy Escort Ships through the Strait?
08:58 Can the US Underwrite War Risk Insurance?
17:38 US Navy Sinks Iranian Corvette off Sri Lanka
20:18 Natural Gas Sector u0026 Attack on Russian LNG
24:44 Container Sector u0026 Black Swan Event
27:13 Cruise Ship Sector
28:21 Port Status
28:34 Conclusion

Marine Traffic
www.marinetraffic.com

Trump Orders Federal Insurance Backstop for Gulf Shipping, Signals Possible Navy Tanker Escorts
https://gcaptain.com/trump-orders-federal-insurance-backstop-for-gulf-shipping-signals-possible-navy-tanker-escorts/

Containership Hit by Projectile in Strait of Hormuz as Maritime Attacks Escalate
https://gcaptain.com/containership-hit-by-projectile-in-strait-of-hormuz-as-maritime-attacks-escalate/

US signals U-turn on naval convoys to restart Hormuz transits
https://www.lloydslist.com/LL1156505/US-signals-U-turn-on-naval-convoys-to-restart-Hormuz-transits

Ian Ellis on X
https://x.com/ianellisjones

London Marine Insurers Expand Gulf High-Risk Zone as Mideast Conflict Escalates
https://gcaptain.com/gulf-war-risk-insurance-zone-expanded-lloyds/

US, UK and Israeli ships charged three times more than others for Middle East war cover
https://www.lloydslist.com/LL1156502/US-UK-and-Israeli-ships-charged-three-times-more-than-others-for-Middle-East-war-cover

BIMCO Says Trump’s Tanker Insurance Plan Could Encourage Gulf Transits—But Naval Escorts Face Limits
https://gcaptain.com/bimco-says-trumps-tanker-insurance-plan-could-encourage-gulf-transits-but-naval-escorts-face-limits/

Trump’s Hormuz Assurances Only a Partial Fix, Shippers Say
https://gcaptain.com/trumps-hormuz-assurances-only-a-partial-fix-shippers-say/

DFC’s Political Risk Insurance and Guaranty Products Will Support Private Sector Operations, Including Shipping, in Gulf Region
https://www.dfc.gov/media/press-releases/dfcs-political-risk-insurance-and-guaranty-products-will-support-private

International Group of Pu0026I Clubs
https://www.igpandi.org/

John Konrad Insurance Post
https://x.com/johnkonrad/status/2028533903263150172

Jim Bianco Insurance Post
https://x.com/biancoresearch/status/2028990053146341630

Iranian Warship Sinks Off Sri Lanka, Bodies Recovered at Sea
https://gcaptain.com/iranian-warship-sinks-off-sri-lanka-bodies-recovered-at-sea/

Asia Scrambles for LNG as Qatar Output Halted, India Begins Gas Rationing
https://gcaptain.com/asia-scrambles-for-lng-as-qatar-output-halted-india-begins-gas-rationing/

Moscow Alleges Ukrainian Drone Boat Attack on LNG Carrier ‘Arctic Metagaz’
https://gcaptain.com/moscow-alleges-ukrainian-drone-boat-attack-on-lng-carrier-arctic-metagaz/

‘Black Swan’ Risks Stalk Container Carriers in Avoiding Iran War
https://gcaptain.com/iran-conflict-container-shipping-crisis-hormuz/

Container Shipping: Gulf Booking Freeze Triggers Congestion Fears at Global Hubs
https://gcaptain.com/container-shipping-gulf-booking-freeze-triggers-congestion-fears-at-global-hubs/

MSC Working with Airlines to Speed Up Guest Returns from Middle East
https://cruiseindustrynews.com/cruise-news/2026/03/msc-working-with-airlines-to-speed-up-guest-returns-from-middle-east/

Middle East ports operational update: Wednesday, March 4
https://www.lloydslist.com/LL1156511/Middle-East-ports-operational-update-Wednesday-March-4

Trump Renames Persian Gulf, Teases a “Big Announcement” & Loses Another Fighter Jet | The Daily Show

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Desi Lydic dives into Trump’s ominous “big announcement,” the president renames the Persian Gulf, another US fighter jet falls off an aircraft carrier, and kids swap tariff-priced Barbies for the promise of economic freedom. #DailyShow #DesiLydic #Trump

0:00 – Trump Teases Big Announcement
3:02 – The President Plans to Rename the Gulf of Persia
4:11 – A Second US Fighter Jet Crashes into the Red Sea
6:12 – Tariffs Spike Barbie Prices

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The Daily Show airs weeknights at 11/10c on Comedy Central.