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HORMUZ STRAIT
Trouble is brewing at Middle East's two key chokepointsShipping disruptions are emerging in key Middle East oil transit routes. Concerns are rising as vessels alter voyages due to security risks...- 'If we don't sell oil, no one will': Iran threatens wider crude disruptionIran warns of regional oil disruption if its exports are blocked. The United States conducted further strikes against Iran's infrastructure...
- Oil Price Today (July 23): Crude oil crosses $95 as US strikes enter 12th day. Why Goldman says $120 is possible?Brent crude futures rose $1.93, or 2%, to $96 a barrel, their highest level since June 8. The benchmark had ended the previous session more...
- Oil prices rise to six-week high as US-Iran tensions escalateOil prices climbed to a six-week high on Thursday. This surge followed new United States strikes on Iran and Houthi attacks. Iran's Revolut...
- Brent crude surges 4% to over $95 a barrel, nears 6-week high as conflict threatens key oil transit routesOil prices hit a six-week high on Wednesday, with Brent crude racing past ninety-five dollars a barrel. The growing tensions between the U....
- Indian refiners halt Iraq oil loadings on rising Hormuz riskDue to heightened security worries, Indian refiners have paused crude oil loadings from Iraq, with major players like Indian Oil Corp. and ...
- Hormuz vessel crossings fall further as security concerns lingerThe ongoing security issues have caused a notable drop in vessel traffic in the Strait of Hormuz, with just three commodity vessels transit...
- Indian Oil Corp cancels Iraq oil lifting amid Hormuz attacks, sources sayIndian Oil Corp cancelled lifting Iraqi oil from Basrah Oil Terminal. Increased risks and attacks in the Strait of Hormuz prompted this dec...
- Strait of Hormuz vessel crossings extend slide on fresh US-Iran attacksVessel crossings through the Strait of Hormuz decreased significantly this week. This drop occurred after a fresh exchange of attacks betwe...
- Tanker crew abandons vessel after reported projectile strike in Strait of Hormuz, UKMTO saysA tanker in the Strait of Hormuz reported being struck by an unknown projectile. Its crew abandoned the vessel and boarded a lifeboat, acco...
- Trump says he had 'very good conversation' with new British PM Andy BurnhamTrump held discussions with the newly appointed British Prime Minister, Andy Burnham, with their talks encompassing key topics such as Nort...
- Brent oil tops $90 as US, Iran intensify attacks in Middle EastOil prices climbed significantly on Monday as tensions rose. Brent crude futures surpassed ninety dollars a barrel, reaching recent highs. ...
- Why the Strait of Hormuz is losing importanceThe Iran-Israel conflict briefly raised fears that disruption of the Strait of Hormuz, through which about 20% of global oil and gas passes...
- Iran warns Strait of Hormuz is a 'red line' and will resist until the endIran vows to strike regional infrastructure if President Trump attacks its infrastructure. The US is targeting Iran's military capabilities...
- 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 ...
- 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,...
- Trump's Strait of Hormuz Plan Explained: Can the US charge ships and what it means for IndiaStrait of Hormuz Explained: US President Donald Trump's proposal to impose a 20% charge on cargo passing through the Strait of Hormuz has s...
- '20% too much, Iran will be fair': Iranian FM Araghchi takes dig at Trump over Hormuz "guardian" remarkIn an amusing retort, Iran's foreign minister dismissed President Trump’s suggestion of charging fees for Strait of Hormuz security, claimi...
- Iran's military 'demolished', being hit 'very hard': TrumpUnited States President Donald Trump announced intensified strikes against Iran. He stated the US is blockading maritime traffic entering a...
- US to charge 20% on Strait of Hormuz cargo, says Trump; reinstates naval blockade on IranPresident Donald Trump announced the United States is reinstating a naval blockade on Iran. He stated the U.S. will be reimbursed twenty pe...
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