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GLOBAL OIL CHOKEPOINT
5 World Market themes for the week aheadGlobal markets face significant turbulence this week from multiple sources. AI-linked stocks are experiencing unprecedented volatility as i...
India bonds log first monthly loss in four as surging oil, Treasury yields stingIn July, Indian government bonds faced their first monthly loss after a four-month streak of gains. The surge in oil prices and rising U.S....
Global Market: European shares hit record high as tech rally, earnings lift sentimentEuropean shares hit a record high on Friday as a rally in technology stocks, easing crude oil prices and upbeat corporate earnings lifted i...
Drone attack in Egypt raises fresh fears over Suez Canal, global oil supplyA drone strike on Egyptian tankers has raised energy security concerns for the Suez Canal. This vital route offers a safe passage for Saudi...
Global Market Today: Asian stocks mixed, bonds slip after Fed decisionAsian stocks fluctuated on Thursday as semiconductor shares declined. Treasury yields reached multi-decade highs following the Federal Rese...
Yemen's Houthis considering fees for ships sailing through Red Sea, sources sayYemen's Houthi faction is exploring the potential of levying fees on maritime traffic in the southern Red Sea. This fee proposal emerged fr...
India's energy security at risk from Hormuz-Red Sea double squeeze, says CareEdge RatingsIndia faces significant energy security risks from chokepoint disruptions. A dual closure could push Brent crude prices to $130-135 per bar...
Saudi oil can still get out — but it won’t be cheap or easySaudi Arabia faces a challenge rerouting oil exports due to Houthi attacks. An existing pipeline bypasses the Strait of Hormuz, but a new d...
Ships continue Red Sea transit despite attacks and Houthi blockade: ReportDozens of vessels navigate the Bab el-Mandeb Strait despite Houthi rebel threats. Growing uncertainty forces ships to alter courses and exe...
Yemen teeters towards renewed war in shadow of Iran conflictYemen is nearing a renewed conflict as Houthi attacks escalate. Saudi infrastructure and shipping have faced recent Houthi targeting. Media...
Missiles targeting Saudi oil refineries shot downSaudi Arabia intercepted two ballistic missiles from Yemen targeting oil refineries in Yanbu. U.S. forces launched air strikes on Iran afte...
Tanker switches Asia voyage via Suez amid Houthi warnings, owner saysThe Torm Innovation tanker will navigate the Suez Canal to Asia. This decision follows Houthi threats impacting shipping in the southern Re...
Trump warns Iran will be held 'responsible' for Houthi ship attacksPresident Trump warned Iran of significant military punishment for Houthi attacks. He described the Yemen-based militia as a proxy of Tehra...
D-St set for a negative opening as GIFT Nifty signals weak startDomestic equities extended losses for a fourth consecutive session, with the Nifty declining. Investor sentiment remained fragile amid a sh...
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 set for weekly rise amid Red Sea shipping attacks, Kazakhstan output cutsOil prices are poised for weekly gains amid Red Sea shipping concerns. Houthi attacks on tankers have raised fears about a key shipping rou...
Dollar rides yield surge as Middle East and trade wars raise inflation stakesThe dollar strengthened against major currencies on Friday. Rising oil prices and new trade tariffs fueled inflation concerns globally. U.S...
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...
Oil crosses $100: A 'perfect hurricane' can trigger bigger shock soonBrent crude has surged past $100 as escalating Middle East tensions threaten two critical oil chokepoints — the Strait of Hormuz and Bab el...
New threat by Yemen's Houthis could widen Iran war, put another trade chokepoint at riskHouthi rebels threaten to blockade the Bab el-Mandeb Strait, impacting global trade routes. They recently attacked two Saudi oil tankers in...