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BAB EL MANDEB STRAIT
Brent crude oil price surges past $100 as Houthi tanker attacks in Red Sea rattle marketsBrent crude surged above $100 a barrel after Houthi rebels claimed attacks on Saudi oil tankers in the Red Sea, escalating supply concerns....
Oil prices rise to six-week high as US-Iran tensions escalateOil prices climbed to a six-week high on Thursday. This surge followed new United States strikes on Iran and Houthi attacks. Iran's Revolut...
- 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....
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...
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...
Oil prices rise slightly after US announces new round of strikes on IranOil prices saw a slight increase as fears of supply disruptions grew. U.S. forces continued striking Iranian military targets for the eleve...
After Hormuz, Gate of Tears may make the world cry. What about India?The Bab el-Mandeb Strait, a key shipping route connecting Red Sea and Gulf of Aden, faces growing risks of disruption after Yemen’s Houthi ...
Ajit Doval in Riyadh amid push for safer sea lanes and energy security; regional situation, defence partnership also on agendaNational Security Advisor Ajit Doval traveled to Saudi Arabia to deliberate on energy security measures. He emphasized the importance of sa...
US, Iran intensify attacks as diplomacy struggles to revive truceDiplomatic efforts to revive the collapsed US-Iran interim agreement are gathering pace. Shipping disruptions are deepening as the Strait o...
Saudi oil tankers bound for India, China reroute after Houthi warningTwo oil tankers carrying Saudi crude for India and China changed course. Houthi militia warned shipping companies against loading or unload...
Gold gains as hopes for US-Iran diplomacy cool oil price rallyGold prices saw an increase as oil prices softened due to diplomatic efforts. Yemen's Houthis threatened a naval blockade, which could disr...
How a Houthi blockade in the Red Sea tightens Iran's grip on global energy suppliesYemen's Houthis declared a maritime blockade against Saudi Arabia on Monday. This action escalates regional conflict and impacts global ene...
Why the Red Sea remains one of the world's most dangerous shipping routesRed Sea Shipping Route Explained: In a concerning development, Iran has alerted the world to possible disruptions in the Red Sea that threa...
Iran tells Houthis to close Red Sea gateway if US hits power network, sources sayIn a significant escalation, Iran has directed Houthi militias to get ready to obstruct the Red Sea oil passage should the United States ca...
Oil prices rise for 4th day as US strikes on Iran raise fears of wider conflictOil prices climbed for a fourth day on Thursday. New U.S. strikes on Iran fuelled fears of conflict and supply disruptions. Brent crude fut...
One misstep away: Pakistan’s Iran tightrope faces its toughest testSaudi Arabia and Yemen's Houthi movement are facing renewed conflict, raising regional escalation fears and making Pakistan's strategic bal...
After Hormuz, Iran turns to Red Sea gateway as new pressure pointIran is signaling potential closure of the Bab el-Mandeb Strait via its Houthi allies. This move risks disrupting global trade and vital en...