Expansion of US strikes on Iran leads to more retaliation across the GulfThe United States launched another round of airstrikes on Iran after a US service member was killed in Iraq, while Iran retaliated with att...
Pakistan can hit an oil jackpot amid a widening US-Iran warGulf states are seeking military partnerships with Pakistan amid regional tensions. Pakistan could gain oil and investment while deepening ...
After Saudi Arabia, Kuwait explores defence pact with PakistanKuwait is in talks with Pakistan to sign a comprehensive defence pact amid escalating regional tensions following Iran's renewed attacks on...
Less Gulf, more Russia: RIL diversifies crude sourcing amid market turmoil due to Iran warReliance Industries increased crude oil sourcing from Russia and Latin America. This strategic move reduced dependence on Arabian Gulf crud...
Iran-linked tankers U-turn, zig-zag as US enforces blockadeUS sanctions on Iranian shipping have been reimposed, impacting tanker movements. Several Iran-linked tankers changed course in the Gulf of...
Pirates allegedly hijack chemical tanker off Yemen coast in Gulf of Aden: ReportArmed assailants boarded the chemical tanker Asana in the Gulf of Aden off southern Yemen on Friday and are believed to have taken control ...
Dark ships and Oman transfers indicate Hormuz transits continueShip-to-ship transfers are occurring off Oman's coast, indicating continued Strait of Hormuz transit. Satellite images show tankers off Fuj...
Euro zone yields rise, gap between German and US borrowing costs smallest in a monthGerman and US borrowing costs are nearing their narrowest gap in a month. Euro zone yields rose due to Gulf fighting, increasing inflation ...
India asks shipowners to avoid deploying seafarers through Strait of Hormuz after attacksIndia's maritime authority has advised against deploying seafarers in the Strait of Hormuz. This directive follows recent attacks on mercha...
Ship traffic through Strait of Hormuz drops after U.S. blockadeFewer vessels traversed the Strait of Hormuz on Wednesday after the US reimposed its naval blockade. Shipping data indicated a decrease in ...
Handful of vessels crossing Hormuz as US blockade takes effectA few ships passed through the Strait of Hormuz on Wednesday. This occurred hours after the United States resumed its naval blockade of Ira...
India can find alternative sources for crude, but LPG at risk: ExecutivesIndustry executives said India should be able to source alternative crude and LNG supplies, albeit at higher prices. LPG supplies, however,...
US-Iran war: Trump drops 20% toll plan on Hormuz, seeks Gulf investment deals insteadUS President Trump announced Gulf nations will invest in the United States. This replaces a proposed fee for shipping through the Strait of...
CBSE Gulf exam row: Supreme Court posts assessment plea for next weekThe Supreme Court on Tuesday said it will hear next week petitions challenging the CBSE's assessment scheme for regular Class 12 students i...
Seven Indian-flagged ships operating as per schedule in Persian GulfSeven Indian flagged vessels are operating safely in the Persian Gulf as per schedule. These ships are not carrying oil, gas, or fertilizer...
Global Market Today: Asian shares slip as oil jumps on Gulf attacksAsian markets declined as intensified Gulf fighting and oil price surges rekindled inflation risks. Oil prices climbed significantly, impac...
Iran expands attacks on Gulf states after US strikes, says Strait of Hormuz closedU.S. and Iranian forces exchanged heavy missile and drone assaults across the Gulf region. Iran stated it had again closed the vital Strait...