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CHINESE SUPERTANKER
Oil tankers u-turn, head back to Middle East as Hormuz reopening nearsIn a strategic pivot, two oil tankers are heading toward the Middle East in expectation of the Strait of Hormuz’s reopening. Shipowners are...
Three oil, LNG tankers exit Hormuz with transponders offTwo supertankers and an LNG tanker, with transponders off, exited the Strait of Hormuz bound for India and China. These vessels, carrying c...
Iran reviews latest US response as Trump suggests he can waitIran war: Trump has indicated he is ready to wait for the right answers from Tehran. He also warned of renewed attacks if an agreement is n...
Tankers exit Hormuz as Trump, Vance talk up Iran deal prospectsTwo Chinese oil tankers have passed through the Strait of Hormuz. This follows positive comments from U.S. President Donald Trump and Vice ...
A tiny oil lifeline reopens through tense Hormuz after months of chokeholdMore oil tankers are navigating the Strait of Hormuz. This offers some relief to the global oil market. Several ships carrying crude oil ha...
Two India-bound LPG tankers transit through Strait of Hormuz amid US-Iran warTwo ships carrying cooking fuel have successfully passed through the Strait of Hormuz. These vessels are heading towards India. This marks ...
Trump says no need for China's help on Iran as shippers seek passage through HormuzPresident Donald Trump states no help is needed from China to end the Iran war. He believes the US will win the conflict. Iran is firming i...
Trump says Iran war 'close to over'; army chief of mediator Pakistan arrives in TehranPresident Trump anticipates the war with Iran is nearing its end, with Pakistan's army chief arriving in Tehran to mediate further talks. D...
Pakistan says all options on table for funding, weighs strategic fuel reservePakistan is exploring various financing options, including Eurobonds and commercial debt, to replace a $3.5 billion UAE facility and bolste...
A panicked race for barrels grips global oil market, price up as much as $140Global oil markets are witnessing a severe physical crude shortage as Middle East disruptions trigger frantic buying and record premiums fo...
A panicked race for barrels grips the global oil marketA desperate scramble for immediately available oil supplies is occurring globally, with traders paying unprecedented prices for prompt carg...
Two supertankers including Pakistan-flagged ship take a u-turn at Hormuz as US-Iran talks collapseTwo empty supertankers turned back from the Strait of Hormuz at the last moment as US-Iran peace talks in Islamabad collapsed, highlighting...
Hormuz sees fresh activity: Three oil supertankers appear to make move through strait as US–Iran talks beginThree oil supertankers are currently navigating the Strait of Hormuz, signalling a potential revival in shipping activity after weeks of di...
Bharat Petroleum may join Reliance, IOCL to secure oil from VenezuelaBharat Petroleum Corp (BPCL) is looking at buying Venezuelan oil., said BPCL's refinery head Sanjay Khanna. However, he said that these imp...
India's state refiners may sharpen competition for Venezuelan OilGovernment-controlled refineries in India, including Bharat Petroleum and Hindustan Mittal Energy, are reportedly seeking to purchase Venez...
India shows some reliance on Venezuelan oil after 3-year hiatus as US sanctions easeIndia plans to resume importing Venezuelan oil after a three-year pause, seizing the opportunity presented by eased US sanctions on the Sou...
Oil falls on fuel demand woes ahead of U.S. Fed commentsThe U.S. Fed will release the minutes of its latest meeting on Wednesday, which will give traders a glimpse of how high officials are proje...
Oil prices slip on global recession gloomReuters reported on Friday that at least four Chinese-owned supertankers were shipping Russian Urals crude to China and a fifth supertanker...
- Somali pirates release South Korean tanker
Somali pirates have freed a hijacked South Korean-operated supertanker and its 24 crew, officials said today amid news reports that a recor...
- Indian warship shells pirates as super-tanker held to ransom
An Indian warship opened fire at a Somali pirate "mother ship", the navy said on Wednesday, as bandits demanded a ransom for a Saudi super-...