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HORMUZ STRAIT CRISIS
Six months into Iran war, almost half of global oil flows from war zonesAs of 2026, nearly half the world's oil originates from conflict-affected nations. Current oil disruptions have surpassed previous energy c...
QatarEnergy issues tender to sell crude outside Hormuz, sources sayQatarEnergy has issued a second tender this week for crude sales. The company is selling al-Shaheen and Qatar Marine crude via transfers. T...
India opens ports, airports to foreign-bound cargo impacted by Strait of Hormuz disruptionsIndia's ports will temporarily accept foreign-bound cargo diverted from the Strait of Hormuz. Under this measure, unloading, storage, and t...
ET WLF 2026: Boris Johnson says India, US, UK must work together to find a way out of West Asia crisisBoris Johnson lauded India's strong leadership and predicted an incredible future for the nation. He expressed deep dissatisfaction over th...
ET World Leaders Forum: Geopolitical actors must make peace for global growth, says DP World CEO Yuvraj NarayanDP World CEO Yuvraj Narayan said diplomatic negotiations, rather than logistical workarounds or war-risk insurance, are needed to address d...
Boris Johnson recalls Queen Elizabeth's remark on India's enduring Russia tiesBoris Johnson reflected on Queen Elizabeth II's observation regarding India's robust ties with Russia, a bond that traces back to 1952 duri...
Six EU countries urge windfall tax on energy firmsSix EU nations are urging a bloc-wide windfall tax on oil companies. Profits have surged due to the ongoing Middle East war and rising cost...
UK could have averted US 'trap' in Iran war, says Boris Johnson; calls for India-US-UK coordination over HormuzBoris Johnson has claimed that Britain had the capability to sidestep a potential US trap in Iran. He insisted that UK intelligence should ...
India buys its most expensive LNG in years as war upends marketIndian energy companies are paying more than $23 per mmbtu for September LNG cargoes, among the highest prices for imports since 2022, as t...
Economic pressure a 'delicate dance' against Iran, most effective tool: JD VanceUS-Iran war: United States Vice President JD Vance emphasized that applying economic pressure constitutes Washington's strongest measure ag...
Oil India vs ONGC vs OMCs: What JM Financial’s $80 Brent call means for oil stocksBrent crude may stay near eighty dollars a barrel for twelve months. Analysts favor Oil India and ONGC due to expected earnings growth. Oil...
Plea for pooled gas gains steam amid renewed tensions in West AsiaCity gas firms want the government to reinstate a pooled gas mechanism. This is due to ongoing supply and price uncertainties in West Asia....
The 60-day deadline for an Iran peace deal is expiring. Here's where things standAs the deadline for a resolution on the US-Iran nuclear deal has passed without any advancements, both countries remain firmly entrenched i...
'No substitute': Kuwait's future tied to Hormuz strait fateKuwait's oil exports have plummeted due to the ongoing war and Strait of Hormuz closure. The nation faces its biggest crisis since the 1990...
Iran says Strait of Hormuz is under its control: Fars news reportThe head of Iran's Basij paramilitary unit has declared that the Strait of Hormuz is firmly under Iranian control, countering US President ...
Iran says no progress on reviving interim peace deal with USIran and the United States remain divided over ending the Gulf war permanently. Talks to revive an interim deal agreed in June have seen no...
Global oil supply shortfall to deepen as Hormuz reopening remains elusive, IEA saysGlobal oil supply will fall by 4.3 million barrels daily this year. Renewed Middle East hostilities are disrupting supplies and deepening t...
Why the US-Iran war continues to disrupt oil marketsThe oil market is witnessing unprecedented volatility amid the intensifying US-Iran hostilities. Iran's surprising maneuver to shut down th...
New Hormuz security mechanisms developed with Oman: Iran's Foreign Ministry, says US violations block safe waterwayIran and Oman are developing new mechanisms to monitor shipping safety through the Strait of Hormuz. Discussions between Tehran and Muscat ...
How the Iran-backed Houthis' claims of deadly attacks are stoking fears of a wider regional conflictYemen's Houthi rebels claimed responsibility for deadly attacks this week. These actions escalated the conflict and raised regional concern...