Oil Price Today (August 7): Crude oil rises above $83 as Strait of Hormuz deadlock continues. Here’s whyOil prices climbed for a second session on Friday due to renewed Hormuz Strait concerns. Iran proposed restricting hostile vessels and impo...
07 Aug, 2026, 07.34 AM IST
Oil rises on concerns over Strait of Hormuz reopening plansOil prices experienced a significant uptick on Friday, fueled by fears surrounding the critical Strait of Hormuz. Iran and Oman are contemp...
07 Aug, 2026, 07.28 AM IST
Global Market Today: Asian shares mixed as investors await US jobs dataTreasury futures inched lower in early Asian trading as higher energy prices revived concerns that the Federal Reserve may need to keep int...
07 Aug, 2026, 06.33 AM IST
Proposed Hormuz passage deal not feasible for shipping industry, sources sayA proposed Iran-Oman deal for Strait of Hormuz control faces significant challenges. U.S. sanctions and restrictive insurance clauses imped...
07 Aug, 2026, 12.08 AM IST
Surge in Black Sea attacks adds to strain on global commodity flowsAttacks on Black Sea shipping routes are disrupting global grain and oil supplies. Ukraine and Russia have intensified strikes on each othe...
05 Aug, 2026, 09.26 PM IST
US and Iran having 'very good discussions', Trump saysUS President Donald Trump reported very good discussions with Iran on Tuesday. Hopes for reopening the Strait of Hormuz boosted Asian marke...
05 Aug, 2026, 06.28 PM IST
US and Iran having 'very good discussions', Donald Trump saysTrump described negotiations with Iran as "very good". Mediators in Qatar indicated progress toward ending the Iran war, though Tehran deni...
05 Aug, 2026, 10.47 AM IST
US Iran war: Qatar says mediators make progress; Indian ship sinks in the Middle EastMediators report progress in efforts to end the US-Iran war, which has driven oil prices lower. Qatar's Emir discussed de-escalation effort...
05 Aug, 2026, 06.19 AM IST
US Iran war: Explosion reported near tanker off Oman coast, crew safe, UKMTO saysAn explosion occurred near a tanker off Oman's coast, with all crew safe. Maritime authorities are investigating this incident and advising...
03 Aug, 2026, 06.25 AM IST
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...
30 Jul, 2026, 05.28 PM IST
India's January to June rice exports climb 5% as non-basmati shipments rise, sources sayIndia's rice exports grew five percent in early 2026, driven by non-basmati shipments. Higher demand from African nations boosted non-basma...
28 Jul, 2026, 04.29 PM IST
US, Iran hold fire for second day as ceasefire talks gain momentumThe United States and Iran refrained from launching attacks for a second consecutive day as mediators worked to revive an interim ceasefire...
27 Jul, 2026, 06.17 AM IST
US pauses attacks on Iran for a second straight day and Tehran does tooUnited States and Iran have paused attacks for a second day. Both nations are continuing efforts to return to negotiations for an interim c...
26 Jul, 2026, 09.08 PM IST
12 commercial vessels redirected, two 'non-compliant' ships disabled as US enforces full blockade against Iran: CENTCOMUS Central Command confirmed its naval blockade against Iran remains fully operational. Coalition forces redirected twelve commercial vesse...
26 Jul, 2026, 09.57 AM IST
Iran-Oman talks on reopening Strait of Hormuz make progress: ReportOmani officials visited Tehran for talks on reopening the Strait of Hormuz. These discussions occurred while the United States paused its b...
26 Jul, 2026, 08.55 AM IST
'Insisted on creating other routes': Araghchi accuses US of deliberately violating MoU condition over Strait of HormuzIran's Foreign Minister Abbas Araghchi accused the United States of violating a shipping agreement. He stated the US established an unautho...
26 Jul, 2026, 07.15 AM IST
Airstrikes have paused and talks are pressing forward. But can US and Iran take the off-ramp?The United States military has halted airstrikes on Iran after nearly two weeks of intensified bombing. Diplomatic efforts are progressing ...
26 Jul, 2026, 06.19 AM IST