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GULF VESSEL ATTACKS
Iran-US attacks restart: Refiners in the crosshairs again as some Gulf cargoes stand delayed, cancelledIndian refiners face mounting crude supply disruptions from the Gulf region. Rising vessel attacks and transit bottlenecks are causing sign...- Saudi Arabia says Iran attacked vessel in Hormuz, killing two sailorsSaudi Arabia reported an Iranian attack on a national oil tanker. This incident tragically killed two Filipino seafarers on Monday. The sup...
- What are Iran's options to retaliate as open warfare resumes with the US?The US launched a fresh wave of attacks on Iran, prompting Iranian missile strikes on what Tehran said were US assets in Jordan, Bahrain, K...
- Asia's refined fuel imports hit post-war low, can the Middle East help?Asia’s refined-fuel imports fell to their lowest level since the Iran conflict began, with August shipments of light and middle distillates...
- Oil prices rise as latest fighting resurrects Middle East supply disruption risksOn Tuesday, oil prices surged as concerns over supply disruptions arose due to escalating conflicts in the Middle East. Both Brent crude fu...
- Vessels crossing Strait of Hormuz drop to 5 per day over weekendOn Friday, 14 vessels passed the strait including a very large crude carrier laden with 2 million barrels of Qatari oil that exited with it...
- 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...
- Oil jumps more than 1% after US attack on Iran's Larak islandBrent crude futures climbed $1.08, or 1.23%, to $89.18 a barrel as at 0040 GMT while U.S. West Texas Intermediate crude was at $84.32, up 9...
- US strikes Iranian rocket launchers near Larak Island on Strait of Hormuz; Tehran vows retaliationUS Iran war: United States forces struck Iranian rocket launchers near the Strait of Hormuz. This action marks the first military engagemen...
- India becomes key petrol supplier to Russia as refinery attacks biteIndia has become a key gasoline supplier to Russia recently. Russian fuel imports surged due to Ukrainian drone attacks on its refineries. ...
- Oil settles lower on clues about Fed policy, rumors of Hormuz dealOn Friday, oil prices dipped, driven by signals from the Federal Reserve and circulating rumors regarding the Strait of Hormuz. Market trad...
- BPCL explores buying Gulf oil on FOB basis, lifts Iraqi oilBharat Petroleum Corp expects its first Iraqi oil cargo soon and seeks more Gulf oil. The company is willing to lift oil from inside the St...
- Iran, Oman reach deal on Strait of Hormuz, but reopening hinges on US conditionsIran and Oman reached an agreement on Strait of Hormuz control and revenues. The Revolutionary Guards stated the strait will not reopen wit...
- Some Indian refiners, a global energy major plan to avoid Iran-blacklisted ships amid Hormuz riskIndian refiners and a global energy major will avoid Iran's blacklisted ships. This decision stems from security concerns over vessels cros...
- US to broaden secondary sanctions to isolate Iran on 'economic D-Day'The United States is set to launch a significant financial offensive against Iran. This move aims to pressure countries to sever economic t...
- Six months on, Hormuz remains disrupted as ships stay awaySix months after conflict began, Strait of Hormuz shipping remains significantly reduced. Commercial traffic operates at a fraction of pre-...
- $20 million: The cost of shipping oil through Strait of Hormuz, TotalEnergies CEO saysShipping oil cargoes via the Strait of Hormuz costs approximately twenty million dollars. This significant freight expense creates wide mar...
- Fewer than 20 ships cross Strait of Hormuz over weekend as US-Iran blockades choke key oil routeFewer than twenty commodity vessels transited the Strait of Hormuz over the weekend. Initial data showed four vessels crossed on Sunday and...
- Two vessels with 22 Indians on board hijacked by pirates in Yemen, SomaliaIn a troubling episode, pirates have seized two commercial vessels, leaving 22 Indian nationals on board. The first vessel, an oil tanker w...
- Crew killed in vessel strike in Strait of Hormuz, UKMTO saysIran war news: The United Kingdom Maritime Trade Operations (UKMTO) on Tuesday reported that a vessel was struck by an unknown projectile ...
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