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STRAIT OF HORMUZ SIGNIFICANCE
Where things stand after Iran's new pitch for deal to open Strait of HormuzIran's president and foreign minister proposed a deal to the US to end fighting and assist diplomacy. They seek the lifting of sanctions, a...- Global Market: VLCC rates hit record as Saudi crude flows jumpSaudi Arabia’s increased crude shipments through the Strait of Hormuz have pushed ship-to-ship transfer operations in the Gulf of Oman to c...
- Allies unite behind Saudi Arabia as Houthis step up attacksSaudi Arabia, Turkey and Pakistan will hold an urgent, high-level meeting under a joint defence pact to discuss ways to support the kingdom...
- India must reduce oil & gas dependence, shift to renewables: Power Secy Pankaj AgarwalPankaj Agarwal emphasized the need for India to shift from oil and gas towards renewable energy. He noted recent events have highlighted th...
- 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...
- Bombs were loaded, targets were set, then Trump changed his mind. Behind America’s U-turn on Houthi strikesUS President Donald Trump ordered preparations for airstrikes against Iran-backed Houthis in Yemen after Saudi Crown Prince Mohammed bin Sa...
- Iran rules out reopening Hormuz, resuming US talks until Washington meets Tehran’s conditionsIran will not reopen the Strait of Hormuz or resume talks with the United States. Tehran has conveyed its demands through intermediaries an...
- 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...
- Crude Oil Above $100: Can Saudi Arabia’s export disruption trigger a new global energy shock?Crude oil has crossed $100 a barrel as Saudi Arabia faces disruptions to its alternative export route following attacks on the East-West Pi...
- China presses Iran to help rein in Houthis after Saudi appeal, sources sayChina has privately urged Iran to help control Yemen's Houthis. Saudi Arabia sought Beijing's assistance as Houthi threats grew significant...
- 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...
- Oil Price Today (September 15): Crude oil rises to $107 as Saudi energy infra attacks raise supply fears. What are experts saying?Crude Oil Price : On Tuesday, oil prices experienced a significant rise as assaults on Saudi energy infrastructure intensified. The key Eas...
- What the closure of Saudi Arabia's East-West pipeline means for oil flowsSaudi Arabia closed a major oil pipeline after a drone attack, raising global energy shortage fears. This closure threatens to remove milli...
- Trump’s ‘little war’ with Iran just got a lot biggerTrump’s strategy of economically strangling Iran may be increasing rather than reducing the risk of a wider Middle East war. As Tehran and ...
- Oil markets survived the Iran war sprint. Now comes the marathonThe Iran war is increasingly looking like a prolonged threat to global energy markets, rather than a short-term supply shock. Crude has ris...
- When it comes to crude oil prices, it's all about location, location, locationCrude oil prices show a significant divergence as conflict escalates in the Middle East. Barrels facing transit risks are heavily discounte...
- Gulf states weigh rare meeting with Iran next week on HormuzGulf states are considering a meeting with Iranian officials next week. Oman aims to convene foreign ministers to discuss the Strait of Hor...
- New problem shaping up for the oil market as Hormuz remains shutHouthi forces have seized Perim Island, threatening the vital Bab el-Mandeb Strait shipping lane. This development occurs as the Strait of ...
- India ramps up domestic LPG production as renewed US-Iran attacks spark fresh fears over Strait of Hormuz suppliesIndia is increasing domestic cooking gas production to address supply gaps. Local refiners aim to add over ten percent to current output le...
- Why is the Bab el-Mandeb Strait so important?Iran-backed Houthis aim to control Yemen's Red Sea coast and Bab el-Mandeb strait. This strategic waterway connects Asia to Europe via the ...
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