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US official: We expect a deal soon between Iran and Oman on Strait of HormuzOman and Iran are making progress on Strait of Hormuz issues, with a deal anticipated soon. A United States official stated that commercial...
Early surge in US container imports coming to an end, shippers sayUS container import volume, driven by tariffs and war surcharges, has peaked. Shippers are now well-stocked for the upcoming holiday shoppi...
CAS chaos continues: Sensex falls 456 points, Nifty trims losses to close at 24,571. What lies ahead?Indian stock markets closed lower as the new closing auction session impacted benchmark indices. Sensex fell nearly 456 points, while Nifty...
Vessel traffic through Hormuz dwindles this week as markets watch Iran-Oman talksShipping traffic through the Strait of Hormuz has significantly decreased this week. Markets are closely watching Iran and Oman talks for w...
Iran weighs fines up to 20%, vessel ban for ‘hostile’ ships in HormuzIran's parliament is reviewing a bill to restrict hostile vessels in the Strait of Hormuz. Violators could face significant fines on their ...
Oil Price Today (August 7): Crude oil rises above $83 as Strait of Hormuz deadlock continues. Here’s whyOil prices climbed for a second session on Friday due to renewed Hormuz Strait concerns. Iran proposed restricting hostile vessels and impo...
Oil rises on concerns over Strait of Hormuz reopening plansOil prices experienced a significant uptick on Friday, fueled by fears surrounding the critical Strait of Hormuz. Iran and Oman are contemp...
Proposed Hormuz passage deal not feasible for shipping industry, sources sayA proposed Iran-Oman deal for Strait of Hormuz control faces significant challenges. U.S. sanctions and restrictive insurance clauses imped...
China launches cybersecurity review into Palo Alto Networks productsChina initiated a cybersecurity review of Palo Alto Networks products. The regulator cited critical information infrastructure and national...
Trump says deal to reopen Strait of Hormuz could come as early as WednesdayPresident Trump indicated a deal to reopen the Strait of Hormuz could happen soon. Hopes for a deal eased oil prices as shipping hopes incr...
Iran and the US say a Strait of Hormuz deal is close, but one or both would have to back downIran and Oman are finalizing an agreement concerning the Strait of Hormuz. This potential deal could reopen the vital waterway and ease glo...
US sees progress in Hormuz Strait talks, hopes for deal very shortly, U.S. Secretary of State Rubio saysUS Secretary of State Marco Rubio reported progress in discussions. These talks involved Iran and Oman regarding ship passage. More vessels...
Qatar says draft US-Iran talks proposal in circulation as mediators push to ease tensionsQatar is mediating a draft proposal to restart United States and Iran talks. This initiative aims to de-escalate current tensions and preve...
India's fuel exports hit 1-year high in July on strong diesel marginsIndia's fuel exports hit a one-year peak in July, driven by strong diesel margins. Russia's diesel export ban and global supply voids creat...
Trump threatens more strikes on Iran as US pushes for Strait of Hormuz reopeningUS President Donald Trump has issued a warning of more military responses directed at Iran as regional conflicts intensify. Kuwait has repo...
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...
White House signals Trump is weighing new strikes on Iran, and other developments in the Middle EastPresident Trump considers new strikes on Iran as tensions escalate in the region. Iran fired drones at Kuwait and struck oil tankers in the...
Reliance ramps up diesel exports to Europe, Brazil in July, sources sayReliance Industries sharply increased diesel exports to Europe and Brazil in July as global fuel markets tightened following the US-Iran co...
Trump and Netanyahu explored all Iran options including attack, Israeli official saysUS President Trump and Israeli Prime Minister Netanyahu explored all paths to curb Iran's nuclear program. Diplomacy, economic pressure, an...
US bans foreign-made humanoid robots, targeting China over national securityThe US FCC has banned imports of Chinese humanoid robots due to security concerns. This move targets China's dominant position in the globa...