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BLACK SEA SECURITY RISKS
Two Indians safe, two missing after attack on Ukraine's Odesa portTwo Indian crew members remain unaccounted for after their ship was struck in Odesa. The Indian Embassy in Kyiv is actively coordinating wi...
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...
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 ...
All 28 Indian crew safe after tanker attacked in Iranian waters: Indian Embassy in TehranAll 28 Indian crew members aboard the LPG tanker Disha are safe following an attack. The Indian Embassy in Tehran confirmed their well-bein...
Indian seafarer killed in Black Sea attack on commercial vessel; MEA condemns strikeOne Indian national died after a commercial vessel was attacked in the Black Sea. Two other Indian crew members aboard the MV Omorfi are re...
Tanker switches Asia voyage via Suez amid Houthi warnings, owner saysThe Torm Innovation tanker will navigate the Suez Canal to Asia. This decision follows Houthi threats impacting shipping in the southern Re...
Trouble is brewing at Middle East's two key chokepointsShipping disruptions are emerging in key Middle East oil transit routes. Concerns are rising as vessels alter voyages due to security risks...
Hormuz, Red Sea spark a 1,000% war-risk premium shockWar-risk insurance premiums have surged by as much as 1,000% as tensions across the Strait of Hormuz and the Red Sea disrupt shipping. Fres...
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 ...
More tankers turn back as Houthi threat rattles Red Sea oil tradeHouthi militia warnings are causing tankers to change course in the Red Sea. Two vessels altered their destinations to the Suez Canal after...
India urges caution for ships entering Black SeaIndia issued a security warning for ships in the Black Sea region. This advisory follows a recent Russian attack that killed four Indian na...
India flags safety of seafarers in Black Sea with RussiaIndia voiced strong concern for seafarer safety in the Black Sea region. External Affairs Minister S Jaishankar met with his Russian counte...
Wheat rises, near two-year high on Black Sea supply woesThe most-active wheat contract on the Chicago Board of Trade (CBOT) rose 0.2% to $6.83-3/4 a bushel by 0327 GMT, trading close to Friday's ...
Kazakhstan condemns attack on vessels carrying hydrocarbons in Black SeaKazakhstan condemned UAV attacks on vessels transporting oil via the Caspian Pipeline Consortium infrastructure. These attacks are viewed a...
Russian attack on corn ship off Ukraine's Odesa kills 10A Russian missile strike killed ten people aboard a corn ship near Odesa. The Golden Leo vessel, flagged by Guinea-Bissau, caught fire afte...
Wheat fluctuates as traders weigh Black Sea risks, US exportsWheat prices fluctuated after reaching a two-year high on Black Sea supply risks. Traders weighed these concerns against weak United States...
Wheat holds near two-month high after Black Sea attacksUkraine has lost about a third of its grain export capacity via Black Sea ports. The current market reaction is likely to be more limited t...