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One tycoon makes millions from 'dark' journeys on a dangerous oil route while others feared HormuzAmidst the Persian Gulf war, the UAE secretly navigated its oil exports through the Strait of Hormuz using 'dark' ship transits. Korean shi...
Iran exploring oil sales to Japan, buyers seek longer sanctions waiver, sources sayIran is currently in discussions with Japanese companies regarding the potential resumption of oil sales, backed by a U.S. sanctions waiver...
OPEC+ to boost crude output, but can it deliver and who will buy?OPEC+ has boosted oil production quotas for the fifth consecutive month, raising questions about shipping capacity and buyer demand. While ...
British military says cargo ship reports being under attack in the Red Sea off the coast of YemenA cargo ship faced an attack Sunday off Yemen's coast in the Red Sea, near Hodeida. Unknown assailants targeted the vessel, prompting an in...
Oil prices little changed as US-Iran peace efforts holdOil prices saw minimal change as peace talks between the U.S. and Iran offered hope for the Strait of Hormuz's reopening. Despite recent sk...
Oil Price Today (July 2): Crude oil at $70, falls for 2nd session as US-Iran talks progress. Worst over?Brent crude futures fell 80 cents, or 1.09%, to $70.80 a barrel, while U.S. West Texas Intermediate crude declined 90 cents, or 1.28%, to $...
Oil falls after US, Iran talks conclude in DohaOil prices dipped as Qatar reported positive progress in indirect Iran-U.S. talks concerning the vital Strait of Hormuz. Despite recent exc...
US-Iran talks end without breakthrough as Tehran's nuclear prowess stays off the tableIndirect talks between Iran and the US concluded without significant progress on lasting peace, focusing instead on resolved issues like ma...
Adani Ports to sell 49% stake in Vizhinjam port to MSC's TiL for $1.4 billionAdani Ports and Special Economic Zone will sell a 49% stake in Adani Vizhinjam Port to MSC Group's Terminal Investment Ltd. for $1.397 bill...
Oil climbs following renewed US, Iran strikes in Middle EastOil prices saw an uptick as renewed US-Iran tensions in the Middle East disrupted shipping through the Strait of Hormuz. Despite reports of...
US-Iran war: UKMTO says ship hit by projectile within Strait of HormuzUS-Iran war news: A tanker in the Strait of Hormuz reported being struck by an "unidentified projectile," according to the UKMTO. This inci...
Strait of Hormuz to be closed again? Why are U. S, Iran launching strikes after signing interim peace deal?Iran has accused the United States of failing to uphold the interim agreement, in particular by failing to sustain a promised ceasefire in ...
Oil prices dive as more tankers move through Strait of HormuzCrude oil prices experienced a significant drop, heading for steep weekly losses as tanker traffic through the Strait of Hormuz increased, ...
US strikes Iran following attack on cargo ship in Strait of HormuzUS forces struck Iranian missile and drone sites following an attack on a cargo ship in the Strait of Hormuz, jeopardising a recent interim...
'Foolish violation of ceasefire agreement': Trump says Iran launched drones at ships in HormuzUS President Donald Trump has accused Iran of breaching a ceasefire, alleging the nation launched four attack drones towards commercial shi...
Hormuz traffic eases, ships continue using disputed Oman routeDespite a projectile striking a vessel, ships are continuing to use a non-Iranian-approved passage through the Strait of Hormuz. Traffic le...
Saudi Aramco resumes oil loading at Ras Tanura after four-month halt, data showsSaudi Aramco has restarted oil loading at its Ras Tanura terminal after a four-month pause, with two massive crude carriers seen taking on ...
Why are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Cargo ship attack near Oman lifts crude pricesWhy are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Oil prices gained more than 2% after a ca...
Iran fired on cargo ship in Strait of Hormuz, say US officialsIran fired on a cargo ship transiting the Strait of Hormuz on Thursday, according to two US officials cited by Reuters. The vessel had earl...
British military says a cargo ship was hit while moving through the Strait of HormuzIn a worrying development, a cargo ship on a UN-supported journey through the Strait of Hormuz was hit by a projectile, raising alarms as I...