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Oil leak spreads from sanctioned tanker grounded off Oman coastSatellite images show a sanctioned tanker leaking crude oil near Oman's protected islands. The oil slick has spread across twenty square ki...- Iran claims to destroy drone hangars, fuel depot at US base in KuwaitUS Iran war: IRGC reported destroying US drone hangars and a fuel facility in Kuwait. The IRGC also claimed a missile strike on Jordan's al...
- Can China restrain Iran? Gulf states test Beijing's influenceGulf Arab states are seeking China's economic influence over Iran to secure vital shipping lanes. They are frustrated with Washington's per...
- Discounts narrow on Russian Urals crude in IndiaDiscounts on Russian Urals crude oil delivered to India have dropped significantly this week. Stronger demand from Indian refiners is linke...
- Oil Price Today (July 28): Crude oil dips 10% in two sessions as US, Iran mull peace talks. What are experts saying?Brent crude futures were down $0.78, or 1%, at $88 a barrel, while US West Texas Intermediate crude fell $0.88, or 1.1%, to $82. Both bench...
- Explained: Why crude oil prices tumbled over 9% to below $90/bbl in one dayCrude oil prices plunged more than 9% to $88 a barrel after the US paused strikes on Iran and Tehran signalled restraint, boosting hopes of...
- Russia crude prices swing wildly amid Iran warThe landscape of Russian crude prices for Indian refiners has seen considerable volatility influenced by the Iran war. Initially, discounts...
- Pakistan, Iran explore path towards new talks with US in a China-initiated push, sources sayPakistan is exploring ways to revive stalled US-Iran talks following a push by China, with exploratory discussions held during Iranian Inte...
- EU's new Russia sanctions: What's in the 21st packageThe European Union has adopted its twenty-first sanctions package against Russia. This expands restrictions on banks, cryptocurrency networ...
- Explosions are heard near a US base in northern Iraq as US-Iran fighting escalatesExplosions sounded near a U.S. base in Iraq and sirens rang out in Bahrain on Friday. The U.S. military conducted its thirteenth night of s...
- 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,...
- Indian refiners come to the rescue of Russia’s oil exportersIndia has emerged as a key buyer of Russian crude, with imports from Moscow reaching record levels as refiners take advantage of cheaper oi...
- Russian attacks kill 6 in Kyiv, other cities; expose gaps in Ukraine's air defencesMoscow has in recent weeks stepped up its use of ballistic missiles as it seeks to choke off Ukrainian strikes on oil facilities deep insid...
- Ukrainian drones hit warehouses and other sites across Russia, killing 9 and wounding over 80Ukraine launched one of its largest drone attacks on Russia, striking warehouses linked to online retailer Wildberries, an oil depot near M...
- Iran-linked tankers U-turn, zig-zag as US enforces blockadeUS sanctions on Iranian shipping have been reimposed, impacting tanker movements. Several Iran-linked tankers changed course in the Gulf of...
- Talks for release of 3 ships held by Somali pirates in advanced stage: SourcesRansom talks for three hijacked vessels and their crew are progressing well. These negotiations involve registered countries, ship owners, ...
- Handful of vessels crossing Hormuz as US blockade takes effectA few ships passed through the Strait of Hormuz on Wednesday. This occurred hours after the United States resumed its naval blockade of Ira...
- Iran-linked vessels pass through Hormuz ahead of US blockadeVessels transited the Strait of Hormuz linked to Iranian trade before a US blockade took effect. Nine of eleven vessels passed through the ...
- US Senators unveil sweeping Russia sanctions bill; name India among nations facing possible tariffsA bipartisan US Senate bill proposes sweeping sanctions against Russia's economy. This legislation could impose tariffs on countries buying...
- Iran's tankers take secret route through Hormuz to dodge US sanctionsIran secretly moved oil tankers through the Strait of Hormuz before US threats. US strikes followed an Iranian attack on a Cyprus-flagged c...
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