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...
27 Aug, 2026, 05.30 PM IST
Oil Price Today (August 27): Crude oil dips to $87, down for 4th session amid Hormuz reopening hopes. What are experts saying?Oil prices slipped on Thursday, extending their losing streak, as hopes of a Strait of Hormuz reopening grew amid diplomatic efforts involv...
27 Aug, 2026, 09.19 AM IST
Shipping traffic through Strait of Hormuz rises slightly, data showsShipping traffic through the Strait of Hormuz saw a slight increase on Wednesday. This occurred while a geopolitical standoff between the U...
27 Aug, 2026, 09.06 AM IST
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...
26 Aug, 2026, 06.39 PM IST
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...
26 Aug, 2026, 10.28 AM IST
'Not open tomorrow': Iran FM Gharibabadi says temporary Oman route isn't Strait of Hormuz reopeningSpeaking in a television programme on Tuesday night, Gharibabadi said the understanding reached with Oman should not be interpreted as the ...
26 Aug, 2026, 07.44 AM IST
US shifts Iran war strategy from fresh strikes to sanctions as Trump seeks to squeeze Tehran: ReportThe United States is implementing economic sanctions alongside a naval blockade aimed at Iran. These new measures specifically target coope...
26 Aug, 2026, 07.21 AM IST
Trump says all mines removed from Strait of Hormuz, warns Iran against new placementsPresident Trump announced all mines removed from the Strait of Hormuz. He warned Iran that new mine placement would trigger immediate US mi...
25 Aug, 2026, 08.21 PM IST
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...
25 Aug, 2026, 02.11 PM IST
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-...
25 Aug, 2026, 09.58 AM IST
$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...
24 Aug, 2026, 09.11 PM IST
Iran threatens 45 tankers with fines, confiscation in Hormuz escalationIran has blacklisted forty-five tankers for violating its Strait of Hormuz transit rules. The Persian Gulf Strait Authority announced these...
24 Aug, 2026, 04.19 PM IST
UKMTO says tanker struck by unknown projectile off Saudi Arabia's YanbuA tanker sustained damage from an unknown projectile near Saudi Arabia's Yanbu port. The vessel experienced a fire on its main deck, but al...
24 Aug, 2026, 02.38 PM IST
'Vessels violating Iranian protocols for Strait of Hormuz' shall face fines, detention, confiscation: IranIran's Ports and Maritime Organization warned vessels of future passage restrictions and potential confiscation. Authorized countries trans...
24 Aug, 2026, 08.14 AM IST
US Iran war: Hormuz ship crossings hover in single digits, data showsShip crossings at the Strait of Hormuz decreased on Thursday. This decline occurred amid growing concerns for Middle East shipping routes. ...
21 Aug, 2026, 08.47 AM IST
Hormuz shipping unchanged amid US-Iran stalemate, data showsShipping traffic through the Strait of Hormuz remained unchanged on Wednesday. Discussions to end the war between the United States and Ira...
20 Aug, 2026, 08.33 AM IST
Strait of Hormuz shipping slows sharply after tanker attacksShipping through the Strait of Hormuz slowed significantly over the weekend. This decline followed attacks on tankers and stalled United St...
17 Aug, 2026, 06.06 AM IST