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MRPL seeks crude via tender avoiding Red Sea and Hormuz, document showsMangalore Refinery and Petrochemicals Ltd is seeking oil imports via a spot tender. The company has asked suppliers to avoid the Red Sea an...- 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...
- 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...
- 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 ...
- 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...
- US-Iran tensions underpin dollar as yen nears 40-year lowThe dollar stabilized on Thursday as U.S.-Iran tensions increased investor caution. Rising oil prices fueled inflation fears and supported ...
- India bonds slip on oil spike, bargain hunters curb lossesIndian government bonds weakened in early trade as oil prices extended gains. Rising crude prices could widen India's trade deficit and sto...
- Houthi Red Sea threat would challenge a stretched US militaryThe Houthis' threats to block Saudi ports signify a troubling development in the Iran war, potentially raising US military commitments in t...
- Oil Price Today (July 22): Crude oil crosses $90, hits 2-month high as US strikes enter 11th day. $120 possible, say expertsBrent crude prices crossed the mark of $92 a barrel, rising to the levels last seen in early-June. West Texas Intermediate (WTI), the US cr...
- US bombs Iranian ports and cities; Tehran retaliates with attacks on US sites in Bahrain, Kuwait and JordanUS and Iranian forces exchanged strikes for the tenth consecutive night. Iran-aligned Houthis threatened a naval blockade against Saudi Ara...
- Shorter-dated US Treasury yields ease in line with lower oil priceTreasury yields decreased as optimism about diplomacy led to a decline in oil prices, reducing inflation expectations that dropped below th...
- India bonds fall as Middle East escalation drives oil above $90On Tuesday, Indian government bonds experienced a downturn, attributed to escalating crude oil prices. The pressure was further compounded ...
- Crude oil prices rise 2% on fresh attacks by US and IranOn Tuesday, oil prices surged nearly two percent amid escalating tensions between the United States and Iran. The situation was further com...
- Dollar wavers as markets grapple with Gulf tensionsThe US dollar hovered near a one-week high as investors weighed escalating Middle East tensions against hopes for a ceasefire. Concerns ove...
- Oil prices dip as mediation efforts offset US-Iran strikesOil prices softened on Tuesday as markets weighed mediation efforts. Fresh attacks between the United States and Iran also influenced marke...
- Dollar near one-week high as markets grapple with Gulf tensionsThe U.S. dollar held near a one-week peak as Middle East conflicts created energy supply fears. Markets also watched inflation risks as oil...
- Pakistan worries about being drawn into US-Iran conflict after Houthis attack Saudi ArabiaRecent Houthi attacks on Saudi Arabia have frustrated Pakistan significantly. These actions threaten to draw Islamabad into the conflict, c...
- One misstep away: Pakistan’s Iran tightrope faces its toughest testSaudi Arabia and Yemen's Houthi movement are facing renewed conflict, raising regional escalation fears and making Pakistan's strategic bal...
- Oil traders call Trump's Hormuz bluff at their perilIran and the U.S. have announced rival blockades of the Strait of Hormuz. This action cripples an already fragile ceasefire deal between th...
- Iran's Revolutionary Guards set up covert Iraqi cells to attack Gulf neighbors, sources sayIran's Revolutionary Guard Corps has formed new secret groups in Iraq. These cells are carrying out drone attacks on Gulf nations like Kuwa...
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