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STRAIT OF HORMUZ BLOCKAGE
Asian refiners buy more US crude as Hormuz remains blockedAsian refiners are buying U.S. crude amid Strait of Hormuz shipping concerns. South Korea's GS Caltex secured two million barrels of Mars c...- Trump says record-setting Navy deployment to support Iran operations 'not nearly long enough'U.S. President Trump dismissed fears regarding the USS Abraham Lincoln's lengthy deployment, asserting that a nearly nine-month mission is ...
- Trump says US is 'low-keying it' with Iran, stresses economic painUS President Donald Trump stated his administration is observing economic pressures on Iran. Military strikes and sanctions have been impos...
- Ceasefire hopes between US and Iran drag oil prices lower: What lies ahead?The recent decline in oil prices is primarily driven by fading fears of supply disruptions. Earlier, markets had priced in worst-case scena...
- Aluminium stocks slide as US-Iran deal eases supply fears, ends war-driven rallyAluminium stocks tumbled up to 5% Tuesday following an interim US-Iran deal that eased supply concerns, leading to a projected further decl...
- What to know about the demining and escort mission that US allies want for the Strait of HormuzAllies are proposing a naval mission for the Strait of Hormuz. This mission aims to ensure safe passage for ships and insurers. It involves...
- Hormuz halt forces Middle East trade into huge rewiringA year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of ...
- Indian economy, government finances, see mounting costs from Iran warIndia's economy, once humming with benign inflation and steady growth, now faces mounting costs from the Iran war. As a major oil importer,...
- A tiny oil lifeline reopens through tense Hormuz after months of chokeholdMore oil tankers are navigating the Strait of Hormuz. This offers some relief to the global oil market. Several ships carrying crude oil ha...
- France finance minister says Hormuz must open, G7 ready to mitigate war falloutG7 finance leaders are focused on the economic impact of the Middle East conflict. They are prepared to address soaring energy prices and t...
- Europe may run out of jet fuel in 6 weeks: Why IEA warns Europe could face flight chaos as Iran war sparks a global energy crisisEurope jet fuel shortage: Europe faces a potential six-week jet fuel shortage due to ongoing supply blockages from the Iran war, raising co...
- Israel-Iran war: UAE joins Bahrain in urging UNSC action on Strait of HormuzIsrael-Iran war: The UAE backs Bahrain's call for UN Security Council action on the Strait of Hormuz. This critical waterway faces threats ...
- China says US-Israeli strikes 'root cause' of Starit of Hormuz disruptionChina holds the United States and Israel responsible for the Strait of Hormuz closure. President Trump urged nations relying on oil from th...
- Israel-Iran war: Iraq declares force majeure on foreign-operated oilfields over Hormuz disruption, sources sayIraq has declared force majeure on its oilfields. Military operations have disrupted navigation through the Strait of Hormuz. This has halt...
- How can Strait of Hormuz shipping blockage be solved?Commodities may soon flow again through the Strait of Hormuz. Experts suggest military action, diplomatic talks, or shipowners taking risks...
- Israel-Iran war: Saudi Arabia's Red Sea port Yanbu targeted in aerial attackSaudi Arabia's Red Sea port of Yanbu faced an aerial attack. This port is the country's only crude export point. The strike had minimal imp...
- Strait of Hormuz blockage drives food costs higher across GulfGulf nations are experiencing higher food prices. A war has disrupted vital shipping lanes, impacting imports. Supermarkets in Bahrain and ...
- Why is Iran blocking the Strait of Hormuz?Two oil tankers suffered devastating attacks near the Iraqi shoreline, igniting concerns as Iran took responsibility for one of the inciden...
- India welcomes IEA decision to release emergency oil stocks amid prevailing crude crisisIndia welcomed the International Energy Agency's decision to release 400 million barrels of emergency oil stocks to counter supply disrupti...
- Saudi starts cutting oil productionSaudi Arabia is reducing oil output as the Strait of Hormuz faces a near-blockage. Storage tanks are filling up. Other nations like UAE, Ku...
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