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GLOBAL SEA LEVELS
Crop prices hit three-year high as heat, war stoke supply fearsScorching temperatures across Europe also raise concerns over potential crop losses. This situation could lift costs for staples like bread...
Nifty closes below key 23,800 level on Gulf war ripplesIndian equities experienced a decline on Friday, influenced by rising crude oil prices. The depreciation of the Indian rupee also contribut...
Oil keeps flowing from Red Sea as Hormuz bypass stays openDespite Houthi threats and a declared blockade against Saudi Arabia, oil shipments from Yanbu continue, though many Western tankers are goi...
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...
US strikes Iran from south to north after Trump threats over Red Sea shippingUS missiles struck targets across Iran after Houthi attacks on Saudi tankers escalated regional conflict. Iranian forces retaliated by firi...
- Cutting off Red Sea oil route may be one crisis too many
The Red Sea conflict has disrupted oil flows, impacting global energy markets. This escalation is now forcing oil tankers to reroute, incre...
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 ...
Global Market Today: Asian stocks fall on tech selloff, oil trades above $100Asian stocks declined following a Wall Street tech selloff and investor doubts about artificial intelligence returns. Oil prices held their...
More tankers turn back as Houthi threat rattles Red Sea oil tradeHouthi militia warnings are causing tankers to change course in the Red Sea. Two vessels altered their destinations to the Suez Canal after...
Brent crude oil price surges past $100 as Houthi tanker attacks in Red Sea rattle marketsBrent crude surged above $100 a barrel after Houthi rebels claimed attacks on Saudi oil tankers in the Red Sea, escalating supply concerns....
China's Gravity-1, world's most powerful solid-fuel rocket, puts nine satellites into orbit in first long-range sea launchOrienspace launched nine satellites into orbit using its Gravity-1 rocket on Tuesday. This mission marked the rocket's third flight and fir...
There must be zero tolerance for terrorism; terror acts will have consequences: EAM reiterates India's stance at 33rd ARF meetIndia's External Affairs Minister reiterated a zero-tolerance policy towards terrorism at the ARF meeting. He stressed choking financial re...
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...
- Brent crude surges 4% to over $95 a barrel, nears 6-week high as conflict threatens key oil transit routes
Oil prices hit a six-week high on Wednesday, with Brent crude racing past ninety-five dollars a barrel. The growing tensions between the U....
China, Philippines trade accusations over South China Sea encounterChina and the Philippines are locked in a war of words following a maritime encounter that escalated into physical confrontation. Manila re...
How a Houthi blockade in the Red Sea tightens Iran's grip on global energy suppliesYemen's Houthis declared a maritime blockade against Saudi Arabia on Monday. This action escalates regional conflict and impacts global ene...
Wheat fluctuates as traders weigh Black Sea risks, US exportsWheat prices fluctuated after reaching a two-year high on Black Sea supply risks. Traders weighed these concerns against weak United States...