Searched for
STRAIT OF HORMUZ ATTACKS
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...
India urges de-escalation in West Asia, condemns Strait of Hormuz attacksIndia voiced deep concern over escalating West Asian hostilities and maritime attacks. The nation strongly condemned recent attacks on vess...
Iran proposes temporary Hormuz plan to Oman, giving itself greater control over transit linesIran proposed a temporary Strait of Hormuz arrangement to Oman. This plan involves traffic passing through Iranian waters in both direction...
Iran says it retains control of Strait of Hormuz, rules out resuming US talks after Trump pauses bombing campaignIran maintains control of the Strait of Hormuz after the United States paused its bombing campaign. Tehran rejected suggestions that peace ...
Saudi downs drones fired by Iran-backed militias in Iraq amid US-Tehran lullSaudi Arabia intercepted drones launched by Iran-backed militias in Iraq. Mediators are pushing to revive diplomacy and restore an interim ...
Explained: Why crude oil prices tumbled over 9% to below $90/bbl in one dayCrude oil prices plunged more than 9% to $88 a barrel after the US paused strikes on Iran and Tehran signalled restraint, boosting hopes of...
Oil Price Today (July 27): Crude oil dips 5%, below $95 as US pauses strikes on Iran. What are experts saying?Brent crude futures dropped $4.89, or 5.05%, to $91.89, after briefly falling below the key $90 support level earlier in the session. US We...
Oil slips 5% after US, Iran pause fighting over weekendOil prices experienced a significant five percent decline on Monday. This drop occurred after the United States and Iran paused strikes ove...
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...
US, Iran hold fire for second day as ceasefire talks gain momentumThe United States and Iran refrained from launching attacks for a second consecutive day as mediators worked to revive an interim ceasefire...
Crude oil prices rise 10% this week but China enters fray to push for end to Iran war. What’s next?Crude oil futures experienced a significant decline on Friday. This drop followed reports of China's initiative to restart stalled US-Iran ...
Explosions are heard near a US base in northern Iraq as US-Iran fighting escalatesExplosions sounded near a U.S. base in Iraq and sirens rang out in Bahrain on Friday. The U.S. military conducted its thirteenth night of s...
US strikes Iran and Bahrain warns of incoming fire as clashes over shipping routes escalateBahrain activated sirens amid escalating U.S. and Iran strikes over the Strait of Hormuz. Yemen's Houthi rebels targeted Saudi oil tankers,...
Oil Price Today (July 24): Crude oil dips below $100 but up 13% this week as supply tensions mount. $120 per barrel possible?Brent futures fell 81 cents, or 1%, to $99.68 a barrel at 0126 GMT, but were still set for a 13.5% rise this week. West Texas Intermediate ...
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...
'If we don't sell oil, no one will': Iran threatens wider crude disruptionIran warns of regional oil disruption if its exports are blocked. The United States conducted further strikes against Iran's infrastructure...
Brent crude oil price surges past $100 as Houthi tanker attacks in Red Sea rattle marketsBrent crude surged above $100 a barrel after Houthi rebels claimed attacks on Saudi oil tankers in the Red Sea, escalating supply concerns....
Oil Price Today (July 23): Crude oil crosses $95 as US strikes enter 12th day. Why Goldman says $120 is possible?Brent crude futures rose $1.93, or 2%, to $96 a barrel, their highest level since June 8. The benchmark had ended the previous session more...
Hormuz vessel crossings fall further as security concerns lingerThe ongoing security issues have caused a notable drop in vessel traffic in the Strait of Hormuz, with just three commodity vessels transit...
Indian Oil Corp cancels Iraq oil lifting amid Hormuz attacks, sources sayIndian Oil Corp cancelled lifting Iraqi oil from Basrah Oil Terminal. Increased risks and attacks in the Strait of Hormuz prompted this dec...