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Why crude oil markets suddenly reversed course today: US oil prices collapse below $87 after Trump cancels Iran strike plans, WTI crude drops 3%US oil prices collapsed below $87 as WTI crude dropped nearly 3% after President Trump canceled planned Iran strikes. The move reversed a w...- On This Day in History, June 10: Troy falls, Italy enters WWII, Jurassic Park premieres, Thatcher wins for 3rd time, FIFA World Cup opens and other key eventsOn This Day in History, June 10 witnessed events that ranged from the legendary destruction of Troy and the birth of Gothic architecture to...
- North Korea to build 10,000-ton destroyer, state media says before Xi Jinping's visitNorth Korea announced plans to build a 10,000-ton destroyer and develop secret underwater weapons, with leader Kim Jong Un ordering the dep...
- Taiwan beefs up anti-ship missile arsenal to counter threat of Chinese invasionTaiwan is boosting its missile power to over 1,800 by 2029. This move aims to deter a potential Chinese invasion or blockade. The island is...
- Hormuz exposes China's Indian Ocean vulnerability, new reportA new report suggests China's maritime vulnerability begins at the Strait of Hormuz, not the Strait of Malacca, creating a strategic compet...
- Merchant ships desert Strait of Hormuz amid renewed US strikesCommercial shipping traffic through the Strait of Hormuz nearly came to a halt on Thursday as fears of renewed military escalation between ...
- Taiwan detects 9 sorties of Chinese aircraft, 7 vessels, 1 shipTaiwan's defense ministry reported Chinese military activity near its waters. Nine Chinese aircraft and seven vessels were detected on Mond...
- 45 warships will be delivered in 3-4 years, approval given for 195 naval vessels: Vice Admiral Sanjay VatsyanThe Indian Navy has said around 45 ships are currently under construction in the country and will be delivered over the next 3–4 years, sig...
- Pakistan hands US revised Iranian proposal for ending warPakistan has shared a revised peace proposal from Iran with the United States. The proposal aims to end the ongoing war in the Middle East....
- UAE and Saudi Arabia report drone incidents as Iran war deadlock drags onA drone strike caused a fire at the Barakah nuclear power plant in the UAE, while Saudi Arabia said it intercepted three drones that entere...
- Strait of Hormuz deadlock deepens? Drone strike at nuclear power plant in UAEInternational Atomic Energy Agency said emergency diesel generators were providing power to the plant's "unit 3", and called for "maximum m...
- Sri Lanka's move to lease strategic airport near China-controlled Hambantota port sparks Indian interestIndia is keenly watching Sri Lanka's move to offer control of Mattala Rajapaksa International Airport to foreign investors. This presents a...
- Taiwan detects eight PLAN vessels, one official ship around its territorial watersIn a post on 'X', Taiwan's MND said, "8 PLAN vessels and 1 official ship operating around #Taiwan detected up until 6 a.m. (UTC+8) today. #...
- What makes the Rs 90,000-crore Great Nicobar Island project critical for India both militarily and economicallyIndia is undertaking a massive Rs 90,000 crore project in Great Nicobar. This initiative will develop a major transshipment port and intern...
- Oil Price Today (May 15): Crude oil above $105 as Iran war resolution stagnates. Where is liquid gold headed?Oil prices climbed Friday amid fears of ship attacks and seizures, despite Iran's claims of safe passage through the Strait of Hormuz. Trad...
- Pakistan inducts new Chinese submarine, puts focus on India’s undersea strength and pacePakistan commissioned its first Chinese-built Hangor-class submarine, PNS Hangor, boosting its AIP-equipped fleet to four. This marks the f...
- Why are oil prices up today, and will Brent crude futures and US WTI rates rise sharply in near future? Oil rises as supply fears returnWhy are oil prices up today, and will Brent crude futures and US WTI rates rise sharply in near future? Oil prices increased as hopes for a...
- Peace deal hopes fade after Trump rejects 'garbage' Iran proposalHopes for an Iran peace deal have dimmed as President Trump stated a ceasefire is "on life support" following Tehran's rejection of a U.S. ...
- Oil prices rise as fragile US-Iran talks sustain supply worriesOil prices edged up in early Asian trade as fragile U.S.-Iran negotiations highlighted supply concerns, with Tehran's response revealing si...
- Oil Price Today (May 11): Crude oil back at $105 as US-Iran peace talks falter. What are experts saying?Oil prices surged over $4 a barrel as the U.S. and Iran failed to reach a peace agreement, keeping the Strait of Hormuz largely shut and gl...
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