Oil slips 5% after US, Iran pause fighting over weekendOil prices experienced a significant five percent decline on Monday. This drop occurred after the United States and Iran paused strikes ove...
27 Jul, 2026, 07.18 AM IST
Red Sea shipping slumps after Houthi strikes on Saudi Arabia energy infrastructureShip traffic through Bab el-Mandeb declined significantly on Sunday. This occurred after Yemeni Houthis attacked Saudi oil installations al...
27 Jul, 2026, 06.24 AM IST
Houthis say they don't seek to close key Bab al-Mandeb StraitA Houthi spokesman said Friday that the rebels were not blocking traffic through the strategic Bab al-Mandeb Strait, after they declared a ...
25 Jul, 2026, 05.03 PM IST
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...
25 Jul, 2026, 01.49 PM IST
Crude oil prices rise 10% this week but China enters fray to push for end to Iran war. What’s next?Crude oil futures experienced a significant decline on Friday. This drop followed reports of China's initiative to restart stalled US-Iran ...
25 Jul, 2026, 10.26 AM IST
US military says it fired on another merchant vessel trying to breach its blockade of Iranian portsThe US disabled a second merchant vessel enforcing its blockade of Iranian ports as Iran targeted US-linked bases across the Gulf. Fighting...
25 Jul, 2026, 06.23 AM IST
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...
24 Jul, 2026, 07.33 PM IST
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...
24 Jul, 2026, 12.56 PM 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
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...
24 Jul, 2026, 07.08 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
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...
24 Jul, 2026, 12.35 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
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...
23 Jul, 2026, 09.29 PM IST
- 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....
22 Jul, 2026, 05.28 PM 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
Yemen's Houthis announce a maritime embargo against Saudi ArabiaYemen's Houthi rebels have announced a maritime embargo against Saudi Arabia. This action follows recent attacks on Sanaa Airport and Abha ...
20 Jul, 2026, 06.38 PM IST