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Trump says deal to reopen Strait of Hormuz could come as early as WednesdayPresident Trump indicated a deal to reopen the Strait of Hormuz could happen soon. Hopes for a deal eased oil prices as shipping hopes incr...- Indian refiners buy Middle East and West African crude, sources sayIndian refiners have stepped up crude oil purchases, with Mangalore Refinery and Petrochemicals buying 1 million barrels of Oman crude thro...
- Oil Price Today (August 5): Crude dips for 3rd session amid hopes of a short-term war deal. What's next?Oil prices dipped again on Wednesday following as discussions aimed at reopening the Strait of Hormuz progressed. Traders are keenly watchi...
- US Iran war: Qatar says mediators make progress; Indian ship sinks in the Middle EastMediators report progress in efforts to end the US-Iran war, which has driven oil prices lower. Qatar's Emir discussed de-escalation effort...
- Qatar says draft US-Iran talks proposal in circulation as mediators push to ease tensionsQatar is mediating a draft proposal to restart United States and Iran talks. This initiative aims to de-escalate current tensions and preve...
- Status of US-Iran talks uncertain as ship struck in Strait of HormuzUS-Iran war news: Confusion reigns as the United States and Iran send mixed messages about their negotiating status. President Trump insist...
- Oil Price Today (August 4): Crude oil nears $85 as peace talks uncertainty loom after fresh attacks. What are experts saying?Oil prices saw a slight increase on Tuesday after significant Monday losses. Supply risks in the Middle East resurfaced as diplomatic hopes...
- Oil ticks up after selloff as talks to end US-Iran war remain uncertainOil prices saw a slight rebound on Tuesday after earlier declines. Concerns over Middle Eastern supply remain high due to U.S.-Iran tension...
- Global Market: Euro zone bond yields decline as falling oil prices boost market sentimentEuro zone government bond yields declined after oil prices retreated on hopes of easing Middle East tensions, reducing inflation concerns a...
- Saudi oil tanker heads to India as Red Sea, Hormuz traffic slows amid attacksUS Iran war: A Saudi crude tanker carrying 2 million barrels is headed to Sikka port where Reliance Industries receives most of his cride o...
- Oil Price Today (August 3): Crude oil crashes 5% below $84 as Trump delays attack on Iran. What are experts saying?Brent crude futures fell $4.37, or 5%, to $83.56 a barrel, while U.S. West Texas Intermediate crude declined $4.63, or 5.5%, to $80 a barre...
- Oil tumbles as Trump cancels attack on Iran to reach nuclear dealOil prices dropped significantly on Monday after President Trump paused new Iran attacks. He seeks a swift agreement to halt Tehran's nucle...
- Oil leak spreads from sanctioned tanker grounded off Oman coastSatellite images show a sanctioned tanker leaking crude oil near Oman's protected islands. The oil slick has spread across twenty square ki...
- L&T Energy Hydrocarbon Onshore secures partnership with Petroleum Development OmanL&T Energy Hydrocarbon Onshore has secured a significant six-year framework agreement. This partnership is with Oman's leading oil and gas ...
- Oil Price Today (July 31): Crude oil extends fall to $88. What’s behind the decline amid Iran war?Saudi Arabia is seeking to spearhead a coalition to enhance defense cooperation in the Bab El-Mandeb Strait, the Red Sea and the Gulf of Ad...
- QatarEnergy-controlled LNG tanker exits Hormuz, first in nearly three weeksA QatarEnergy LNG tanker exited the Strait of Hormuz, the first since July 11. Ship transits through the Hormuz waterway increased on Wedne...
- Brent crude jumps 7%, climbs over $90 on escalating Middle East strikesOil prices surged significantly amid renewed Middle East airstrikes and supply concerns. U.S. crude inventories dropped to a multi-year low...
- Ships transiting via Bab el-Mandeb strait at highest in a week, data showsThirty-seven commodity ships passed through the Bab el-Mandeb strait on Tuesday, a notable increase. Only a few vessels transited the Strai...
- Oil prices rebound by more than $2 a barrel on prospect of tightening US crude suppliesOil prices increased significantly on Wednesday due to declining U.S. crude inventories. OPEC+ is expected to halt output increases startin...
- Rupee rises 28 paise to 96.25 against US dollar in early tradeThe Indian rupee strengthened significantly against the US dollar on Monday. This gain was driven by a sharp decline in global crude oil pr...
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