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HORMUZ CONFLICT
Are US-Iran headed back to war? What next after Trump's new threatsUS President Trump's comments have intensified the US-Iran crisis with new threats. He is now considering attacks on Iran's power and water...
Indian-flagged crude tanker turns back from Strait of Hormuz after vessel attacks: ReportSeveral oil and gas tankers have turned back from the Strait of Hormuz. This action follows renewed attacks on vessels in the critical wate...
Strait of Hormuz closed again? Check latest status as Donald Trump declares US-Iran war ceasefire collapsedIran war news update: Strait of Hormuz The strategic shipping route remains a flashpoint in the conflict, which began in late February with...
Prolonged US-Iran tensions may push India's crude basket above $75/bbl, raise inflation risks: ExpertsMarket experts warn a prolonged US-Iran standoff could increase India's crude oil import costs. Diversified sourcing is expected to cushion...
Iranian President Masoud Pezeshkian leaves Iraq for Tehran after US strikesUS-Iran war news: Iranian President Masoud Pezeshkian departed Iraq after attending funeral rites for Ayatollah Ali Khamenei. US Central Co...
Global oil market weathers Iran war shock, but reserve depletion raises future price risksThe global oil market absorbed record supply disruptions during the Iran conflict without triggering a prolonged price shock. But analysts ...
One attack, one warning: The world's energy lifeline is still vulnerableAn attack on a Qatari LNG carrier in the Strait of Hormuz has raised concerns. This incident suggests ongoing threats to commercial shippin...
India's MRPL books Iraq crude cargo after Strait of Hormuz reopeningMangalore Refinery has chartered a vessel to load crude oil from Iraq. This marks the first such move by an Indian state-owned refiner sinc...
Oil Price Today (July 7): Crude oil snaps 2-day fall as projectile hits tanker in Hormuz. Where are prices headed?Brent crude futures rose 28 cents, or 0.39%, to $72.29 a barrel, while U.S. West Texas Intermediate (WTI) crude gained 29 cents, or 0.26%, ...
Qatar briefs S Jaishankar on Iran-US dealDuring his Gulf tour, India's External Affairs Minister S Jaishankar engaged in discussions with Qatar's leadership regarding the US-Iran p...
NY Fed says supply chain pressures eased in JuneGlobal supply chain pressures eased in June, with the New York Fed index falling to 1.25 as Middle East disruptions showed signs of easing....
Iran to impose new service fees in Hormuz, reserves special treatment for 'friendly' nationsIran's ambassador to China announced new service fees for ships transiting the Strait of Hormuz, despite US objections. Ambassador Abdolrez...
India lifts emergency natural gas supply controls imposed after LNG disruptionsEmergency natural gas supply controls, implemented earlier this year due to Middle East conflict-induced LNG shipment disruptions, have bee...
June: 10 mbpd, May: 3 mbpd: Gulf oil exports up, but 40% below pre-war levelGulf oil exports surged past 10 million barrels daily in June, a significant jump from May, thanks to US military efforts securing the Stra...
Citi sees brent crude sliding to $60/bbl as supply fears easeGeopolitical tensions easing around the Strait of Hormuz are expected to drive Brent crude prices down to $60 a barrel by year-end, accordi...
Why are oil prices down today, and will Brent futures and US WTI crude prices continue to fall or rise again? Iran-US talks, Strait of Hormuz recovery and US inventory data keep crude market under focusOil prices declined as investors watched Iran-US talks, the recovery of shipping through the Strait of Hormuz, and upcoming US inventory da...
Oil finds its way: Supertankers return to Persian GulfSupertankers are once again navigating the Strait of Hormuz, a crucial oil route, following a period of disruption due to recent Iran confl...