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GULF OIL FLOWS
Gulf oil threatened anew as Houthis reach key island and pipeline is shut downThe Houthis have seized control of Perim island, significantly affecting a crucial shipping corridor. Additionally, a drone strike originat...- Gulf states weigh rare meeting with Iran next week on HormuzGulf states are considering a meeting with Iranian officials next week. Oman aims to convene foreign ministers to discuss the Strait of Hor...
- IEA slashes oil demand forecast as prices surgeThe International Energy Agency on Friday further reduced its forecast for global oil demand this year, citing the recent escalation in the...
- Saudi crown prince sought US military help from Trump with Houthis, sources saySaudi Crown Prince Mohammed bin Salman asked US President Donald Trump for help countering Yemen’s Iran-aligned Houthis as threats to Red S...
- New problem shaping up for the oil market as Hormuz remains shutHouthi forces have seized Perim Island, threatening the vital Bab el-Mandeb Strait shipping lane. This development occurs as the Strait of ...
- Houthis seize key Yemeni Red Sea port, sources say, threatening global energy flowsHouthi militants seized Yemen's Mocha port, threatening vital global energy supplies. This escalation occurs as Iran and the United States ...
- Brent holds above $100 as tanker attacks deepen supply fearOil prices are holding steady as Brent crude exceeds one hundred dollars per barrel. Traders are anticipating further supply interruptions ...
- Oil’s $100 nightmare is back as worst-case scenario is taking shapeHouthi attacks on Saudi energy facilities have disrupted oil operations. These strikes also pressure the Bab al-Mandeb chokepoint, impactin...
- India faces higher oil import costs as crude prices surge on West Asia supply risksInternational crude prices surged, impacting India's oil import bill and inflation. Escalating West Asia tensions raised concerns about glo...
- Global Market: Goldman lifts brent, WTI forecasts as Hormuz shipping risks mountGoldman Sachs has raised its Brent and WTI crude price forecasts by $5 a barrel for December 2026 and 2027, citing prolonged Middle East sh...
- Why isn't oil above $100 despite supply disruptions?Global oil prices remain below one hundred dollars per barrel. Significant volumes continue to flow through the Strait of Hormuz. Gulf expo...
- Brent crude oil price nears $100 as attacks on tankers threaten to worsen supply shockOil prices climbed to a six-week high as US-Iran attacks on commercial vessels disrupted Strait of Hormuz shipping. Falling tanker traffic ...
- US military says destroys Iranian oil tankers after missile attacksThe United States destroyed three Iranian oil tankers on Saturday. This action followed Iran's attempted missile attacks on American naval ...
- Iran vows to respond to US strikes, says US energy companies' facilities are 'exposed'Iran has threatened to retaliate against any new United States attacks on its assets. The nation warned that regional energy production is ...
- Rupee ends flat, hemmed in by RBI intervention, oil pangsThe Indian rupee remained steady on Monday, supported by central bank intervention. Rising oil prices and concerns over energy flows also i...
- Iran to announce new restricted zone in the Gulf, top security official saysIran's top security official has announced that the country will be establishing a new restricted zone in the Persian Gulf. This move comes...
- Crude oil rally nears $100: Will geopolitical risks push prices higher?Crude oil prices are nearing $100 per barrel, driven by escalating geopolitical tensions between the US and Iran. While physical supply rem...
- Oil importers are learning to live with a new reality as old routes of business fall apartOngoing tensions involving Iran are pushing major oil importers to develop alternative supply routes, which increasingly bypass the supply ...
- Oil shipments to India face delivery hurdles on Mideast snarlsIndian refiners face disrupted oil shipments from the Middle East. Bharat Petroleum and Indian Oil experienced delayed crude oil deliveries...
- Oil Price Today (August 31): Crude oil reclaims $90 as fresh US attacks dim peace deal hopes. What are experts saying?U.S. forces on Sunday struck two launchers on Iran's Larak island in the Strait of Hormuz. It was the first known American strike on the Gu...
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