India ramps up LPG output as festival season beginsIndia’s state-owned refiners have raised domestic LPG production to around 44,000 tonnes a day as festive-season demand rises and renewed c...
24 Sep, 2026, 12.47 AM IST
Shipping traffic via Strait of Hormuz stays below 10-day average, data showsOn September 23, three commodity vessels transited the Strait of Hormuz, which is lower than recent averages. A LNG tanker, Al Mafyar, was ...
23 Sep, 2026, 09.04 AM IST
Oil Price Today (September 23): Crude oil below $100 on hopes of US-Iran talks. What did Trump say?Brent crude futures fell 7 cents, or 0.07%, to $99.18 a barrel, while West Texas Intermediate futures declined 35 cents, or 0.39%, to $90.1...
23 Sep, 2026, 07.48 AM IST
Oil falls on increased Gulf supply and hopes for US-Iran talksOil prices experienced a decline as Saudi Arabia resumed its key pipeline operations to the Red Sea. This development, coupled with rising ...
23 Sep, 2026, 07.28 AM IST
India’s oil buyers may cut Russia cargoes as US risk risesIndian refiners may reduce Russian crude imports amid new US sanctions. This move comes as the US legislation allows tariffs on countries b...
22 Sep, 2026, 09.53 AM IST
US wants to redraw Gulf’s energy map with a $5 billion bet beyond Hormuz: ReportThe United States proposed a $5 billion fund for Middle Eastern energy infrastructure. This initiative aims to reduce reliance on the Strai...
22 Sep, 2026, 08.30 AM IST
Oil’s sea lanes get tougher to navigate; India must press Iran to ease Hormuz blockadeSea lane disruptions in the Red Sea and Persian Gulf impact India's oil imports significantly. India faces challenges securing oil from Wes...
21 Sep, 2026, 11.07 PM IST
BRICS+ and the fallout from Trump's energy shocksGlobal oil markets face instability from ongoing conflicts and disrupted supply routes. Strategic petroleum reserves and reduced Chinese im...
21 Sep, 2026, 10.51 PM IST
Hormuz shuttles keep oil flowing, but at a high costMiddle East oil producers are increasingly using ship-to-ship (STS) transfers off Oman to keep crude exports moving despite disruptions fro...
21 Sep, 2026, 12.24 PM IST
India needs multi-route energy strategy as West Asia tensions threaten supplies: ExpertsGrowing West Asian tensions expose India's energy supply vulnerabilities. Experts urge a multi-route strategy and diversified crude and gas...
19 Sep, 2026, 01.31 PM IST
US crude shipping costs to China hit record as Middle East war disrupts oil flowsShipping costs for US crude oil to Asia have reached record highs. This surge is driven by Middle East energy flow disruptions and increase...
16 Sep, 2026, 08.25 AM IST
Saudi Arabia runs out of oil export routes as pipeline shuts, Hormuz blockedSaudi Arabia's oil exports face growing challenges after attacks closed a key pipeline. Iran and its allies have tightened their grip on vi...
16 Sep, 2026, 07.20 AM IST
Oil tankers earn $1 million a day as war leaves ship shortageThe supersized earnings also partly reflect oil-refining margins that have spiraled out of control because wars in Iran and Ukraine mean wo...
15 Sep, 2026, 10.43 AM IST
Saudi pipeline hit by drones to be out of service for weeks, further restricting oil flowA Saudi oil pipeline faces weeks of repairs after an attack, impacting global petroleum supplies. Houthi rebels captured key Red Sea island...
15 Sep, 2026, 08.09 AM IST
Trump says Iran wants deal as Gulf talks delayed, Houthis strike Saudi ArabiaIran wants a deal with the United States, President Trump stated on Monday. Gulf Arab states postponed a meeting with Iran as fighting wide...
14 Sep, 2026, 10.54 PM IST
Houthis' Yemen advance leaves Gulf states with uncomfortable choiceThe Houthi capture of Yemen's Red Sea coastline is strengthening Iran's leverage over Gulf energy routes, forcing Saudi Arabia and its neig...
14 Sep, 2026, 06.30 AM IST
Gulf oil threatened anew as Houthis reach key island and pipeline is shut downThe Houthis have seized control of Perim island, significantly affecting a crucial shipping corridor. Additionally, a drone strike originat...
12 Sep, 2026, 06.25 AM IST