Oil Price Today (August 6): Crude oil dips below $80 on hopes Iran-Oman deal could end Iran war. What are experts saying?Oil prices experienced a minor decline on Thursday amid advancing negotiations. Market watchers are closely monitoring the prospective US-I...
06 Aug, 2026, 08.26 AM IST
Iran and the US say a Strait of Hormuz deal is close, but one or both would have to back downIran and Oman are finalizing an agreement concerning the Strait of Hormuz. This potential deal could reopen the vital waterway and ease glo...
06 Aug, 2026, 06.14 AM IST
Iran, Oman agree shipping route through Strait of HormuzIran and Oman have agreed on shipping route coordinates for the Strait of Hormuz. A joint announcement is being finalized, provided no thir...
05 Aug, 2026, 09.46 PM 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 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
Tehran may allow Europe to clear mines in HormuzIran may permit European nations to clear mines from the Strait of Hormuz. This potential shift could aid peace talks and normalize shippin...
05 Aug, 2026, 01.31 AM IST
'Hormuz deal with Iran today' Oil slips below $80 on truce hopeOil prices experienced a significant decline on Tuesday, falling over five percent. Hopes for a diplomatic resolution to the West Asia conf...
05 Aug, 2026, 12.56 AM IST
Iran, Oman near Hormuz reopening deal as talks advanceIran and Oman are making progress on a deal to reopen the Strait of Hormuz. This potential agreement involves shared control and service fe...
04 Aug, 2026, 09.54 PM IST
US hopeful of Hormuz deal within days as diplomacy with Iran gathers paceThe United States expresses hope for a deal with Iran to reopen the Strait of Hormuz soon. Treasury Secretary Scott Bessent indicated talks...
04 Aug, 2026, 09.26 PM IST
- Six Saudi tankers turn away from Gulf of Aden, ship-tracking data shows
The tankers, which were empty of cargo after returning from destinations in Asia, were sailing in formation towards southern Africa, rath...
03 Aug, 2026, 07.28 PM IST
Indian Oil rules out shift from Gulf crude despite regional conflictIndian Oil Corp will continue using Gulf crude, it said citing freight advantages and refinery configurations. The company anticipates no i...
01 Aug, 2026, 01.43 PM IST
Oil Price Today (July 31): Crude oil extends fall to $88. What’s behind the decline amid Iran war?Saudi Arabia is seeking to spearhead a coalition to enhance defense cooperation in the Bab El-Mandeb Strait, the Red Sea and the Gulf of Ad...
31 Jul, 2026, 08.18 AM IST
Drone attack in Egypt raises fresh fears over Suez Canal, global oil supplyA drone strike on Egyptian tankers has raised energy security concerns for the Suez Canal. This vital route offers a safe passage for Saudi...
30 Jul, 2026, 11.17 PM IST
Oil Price Today (July 30): Crude oil dips below $90 after 8% surge on Wednesday. Here’s whyBrent crude futures were down $1.29, or 1.42%, at $89.45 a barrel. U.S. West Texas Intermediate (WTI) crude slipped 56 cents, or 0.66%, to ...
30 Jul, 2026, 07.41 AM IST
Iran rules out Oman's proposal for regional joint management of Hormuz Strait, senior Iranian official tells ReutersIran has rejected Oman's proposal for joint management of the Strait of Hormuz. A senior Iranian official stated the plan has no chance of ...
29 Jul, 2026, 10.41 AM IST
MEA urges caution for Indian seafarers taking Black Sea jobs after deaths of five nationalsIndian nationals are urged to assess Black Sea job security risks. The Ministry of External Affairs issued a new travel advisory for seafar...
26 Jul, 2026, 12.00 PM IST
Iran Guards say stopped four ships trying to transit Hormuz straitIran's Revolutionary Guards reported stopping four ships in the Strait of Hormuz. Warning shots were fired by the IRGC Navy after ships too...
25 Jul, 2026, 05.19 PM IST