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Oil Price Today (August 6): Crude oil dips below $80 on hopes Iran-Oman deal could end Iran war. What are experts saying?Oil prices experienced a minor decline on Thursday amid advancing negotiations. Market watchers are closely monitoring the prospective US-I...06 Aug, 2026, 08.26 AM IST- Oil prices slip as Iran-Oman talks fuel hopes for US-Iran peace dealOil prices fell as markets reacted to ongoing discussions between Iran and Oman. The negotiations could pave the way for a peace agreement ...06 Aug, 2026, 07.33 AM IST
- Projectile sinks Indian ship near Yemeni waters but all seafarers safe, Union minister Sonowal saysAn Indian-flagged vessel sank in the Red Sea after a projectile strike, but all fourteen crew members were rescued. The Yemeni Coast Guard ...05 Aug, 2026, 06.08 AM IST
- 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...04 Aug, 2026, 07.12 AM IST
- Six Saudi tankers turn away from Gulf of Aden, ship-tracking data showsThe tankers, which were empty of cargo after returning from destinations in Asia, were sailing in formation towards southern Africa, rath...03 Aug, 2026, 07.28 PM IST
- 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...03 Aug, 2026, 01.16 PM IST
- Tanker carrying Russian cargo reroutes around Africa after Red Sea U-turnA Russian naphtha tanker changed course to sail around Africa. The Sea Icon vessel avoided the Bab-el-Mandeb strait due to recent attacks. ...03 Aug, 2026, 11.29 AM IST
- 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...03 Aug, 2026, 07.23 AM IST
- Two VLCCs exit Strait of Hormuz, where traffic remains thinTwo large oil tankers exited the Strait of Hormuz on Friday, with traffic remaining thin. One vessel loaded Saudi crude and is anchored off...01 Aug, 2026, 11.49 AM IST
- Drone attack in Egypt raises fresh fears over Suez Canal, global oil supplyA drone strike on Egyptian tankers has raised energy security concerns for the Suez Canal. This vital route offers a safe passage for Saudi...30 Jul, 2026, 11.17 PM IST
- Saudi Arabia seeks coalition to secure Red Sea shippingSaudi Arabia is seeking an international coalition to safeguard Red Sea shipping lanes. This initiative aims to counter ongoing Houthi atta...30 Jul, 2026, 07.46 AM IST
- Oil prices slip as tankers continue to ply Middle East conflict zonesOil prices saw a decline as tankers continued to move out of the Middle East. Escalating tensions and expanded conflict fronts are impactin...30 Jul, 2026, 07.12 AM IST
- 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...29 Jul, 2026, 06.31 PM IST
- Saudi oil can still get out — but it won’t be cheap or easySaudi Arabia faces a challenge rerouting oil exports due to Houthi attacks. An existing pipeline bypasses the Strait of Hormuz, but a new d...27 Jul, 2026, 01.05 PM IST
- Red Sea shipping slows after Houthi attack on Saudi Arabia, data showsShip traffic through Bab el-Mandeb decreased Sunday after Houthi attacks on Saudi oil sites. Fewer than ten commodity vessels passed throug...27 Jul, 2026, 10.27 AM IST
- Red Sea shipping slumps after Houthi strikes on Saudi Arabia energy infrastructureShip traffic through Bab el-Mandeb declined significantly on Sunday. This occurred after Yemeni Houthis attacked Saudi oil installations al...27 Jul, 2026, 06.24 AM IST
- India's oil routes under pressure as second West Asia chokepoint shutsIndia faces intensified energy supply challenges due to choke point closures. Three Saudi oil tankers rerouted in the Red Sea amid Houthi b...24 Jul, 2026, 12.35 AM IST
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