US strikes Iran and Bahrain warns of incoming fire as clashes over shipping routes escalateBahrain activated sirens amid escalating U.S. and Iran strikes over the Strait of Hormuz. Yemen's Houthi rebels targeted Saudi oil tankers,...
24 Jul, 2026, 11.27 AM IST
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 ...
24 Jul, 2026, 07.45 AM IST
Trump threatens 'major military punishment' after Houthi strike on Saudi tankersPresident Trump vowed major military punishment for Iran and its Houthi allies. Houthi fighters struck two Saudi oil tankers in the Red Sea...
24 Jul, 2026, 06.17 AM IST
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...
23 Jul, 2026, 09.32 PM IST
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...
23 Jul, 2026, 07.40 AM IST
Hormuz vessel crossings fall further as security concerns lingerThe ongoing security issues have caused a notable drop in vessel traffic in the Strait of Hormuz, with just three commodity vessels transit...
22 Jul, 2026, 09.58 AM IST
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...
22 Jul, 2026, 07.50 AM IST
Oil prices to hit $120 soon? Goldman Sachs makes big prediction as Hormuz concerns loomGoldman Sachs has warned Brent crude could spike to $120 per barrel if disruptions through the Strait of Hormuz persist, though its base ca...
21 Jul, 2026, 12.30 PM IST
US expands attacks on Iran, which calls Strait of Hormuz a 'red line' as it retaliatesUnited States intensified strikes against Iran, hitting targets farther north. Iran retaliated with missiles and drones at US allies in the...
17 Jul, 2026, 07.12 AM IST
US expands strikes into northern Iran and disables ship trying to run blockadeThe United States intensified its strikes against Iran, hitting targets farther north. Iran retaliated by launching missiles and drones at ...
17 Jul, 2026, 12.03 AM IST
India can find alternative sources for crude, but LPG at risk: ExecutivesIndustry executives said India should be able to source alternative crude and LNG supplies, albeit at higher prices. LPG supplies, however,...
15 Jul, 2026, 12.09 AM IST
Trump's Strait of Hormuz Plan Explained: Can the US charge ships and what it means for IndiaStrait of Hormuz Explained: US President Donald Trump's proposal to impose a 20% charge on cargo passing through the Strait of Hormuz has s...
14 Jul, 2026, 02.46 PM IST
U.S. military renews strikes on Iran while tankers come under attack in Strait of HormuzUS forces conducted strikes against Iran for a third night. Two tankers faced attacks in the Strait of Hormuz while transiting. President T...
14 Jul, 2026, 09.30 AM IST
Strait of Hormuz remains open despite Iran's closure declaration, maritime group saysThe vital shipping lane through the Strait of Hormuz remained operational, defying Iran's earlier announcements of a closure. While commerc...
12 Jul, 2026, 04.41 PM IST
In reverse flow, India now supplies petrol to energy powerhouse RussiaIndia's petrol is navigating its way to Russia via international traders rather than through direct sales channels. The damage to Russia's ...
11 Jul, 2026, 02.55 PM IST
Indian-flagged crude tanker turns back from Strait of Hormuz after vessel attacks: ReportSeveral oil and gas tankers have turned back from the Strait of Hormuz. This action follows renewed attacks on vessels in the critical wate...
08 Jul, 2026, 05.01 PM IST
Russia tries to jam Elon Musk's Starlink systems to counter Ukrainian dronesRussian forces are camouflaging supplies and using jamming systems to disrupt Ukrainian drone operations. These tactics aim to counter Ukra...
08 Jul, 2026, 12.56 PM IST