Iran claims it struck an oil tanker in the Strait of HormuzIran reports striking an oil tanker in the Strait of Hormuz. Hundreds of thousands rallied in Tehran showing strong government support. Sou...
Aramco closes supply tap for Indian refiners, new oil barrels to cost moreSaudi Arabia has sold some spot cargoes to traders expected to deliver small volumes to Indian refiners through Hormuz. The risk-taking tra...
Iranian drones, missile target US-contracted vessel near Strait of Hormuz, crew injured: ReportA US-contracted vessel faced an Iranian drone and missile strike near the Strait of Hormuz. Minor crew injuries, including smoke inhalation...
- Hormuz crisis lifts ONGC oil business, squeezes petrochemical unit as feedstock costs surge
The financial landscape for ONGC's petrochemical unit OPaL is alarming, as it faces considerable losses amid skyrocketing naphtha and gas p...
China's foreign minister urges reopening of Strait of Hormuz in meeting with Iranian counterpartChina's Foreign Minister Wang Yi urged Iran and the United States to remain rational. He encouraged both nations to exercise restraint and ...
Saudi Arabia runs out of oil export routes as pipeline shuts, Hormuz blockedSaudi Arabia's oil exports face growing challenges after attacks closed a key pipeline. Iran and its allies have tightened their grip on vi...
Houthis strike Saudi targets anew as talks over Strait of Hormuz stallIran-aligned Houthis launched fresh attacks on Saudi Arabia as their advances along Yemen’s Red Sea coast intensified pressure on Riyadh. G...
Oman postpones regional talks on Strait of HormuzOman postponed a meeting on the Strait of Hormuz amid regional tensions. An Iranian ship was struck near the waterway, killing one person. ...
Oil prices jump more than 2% after new strikes on Saudi, Strait of HormuzOil prices jumped over two percent on Monday, driven by fresh attacks from Houthi militants and Iranian forces. This escalation has heighte...
Iranian cargo ship is struck, and talks between Tehran and its neighbors are postponedAn Iranian cargo vessel was struck off Qeshm Island in the Strait of Hormuz, killing one and injuring four, Iranian state media reported. T...
Tehran to present temporary Hormuz plan on MondayTalks between Tehran and Muscat over the waterway, a global chokepoint for energy exports, have progressed in recent weeks and the latter h...
New attacks in Hormuz and Saudi test nerves as war's spread worsens oil disruptionUS Iran war news: Maritime trackers reported an attack on a ship in the Strait of Hormuz. Saudi Arabia shut down its vital East-West oil pi...
Fresh strike on vessel in Hormuz, Houthi takeover of Bab el-Mandeb Strait sees West Asia simmer as BRICS calls for peaceA vessel was struck by an unknown projectile while transiting the Strait of Hormuz. Yemen's Houthis seized a key Red Sea port and struck Sa...
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...
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 ...
Shipping traffic through Strait of Hormuz falls to single digits, data showsVessel traffic in the Strait of Hormuz dropped significantly on Thursday. Two Panamax ships exited the strait, carrying fertilizer and sail...
India ramps up domestic LPG production as renewed US-Iran attacks spark fresh fears over Strait of Hormuz suppliesIndia is increasing domestic cooking gas production to address supply gaps. Local refiners aim to add over ten percent to current output le...