Houthis claim attacks on Saudi tankers in Red Sea, raising risk of new chokepoint in Iran warHouthi militants claimed strikes on two Saudi oil tankers, raising Red Sea shipping risks. The United States launched new strikes on Iran, ...
23 Jul, 2026, 07.22 PM IST
More tankers turn back as Houthi threat rattles Red Sea oil tradeHouthi militia warnings are causing tankers to change course in the Red Sea. Two vessels altered their destinations to the Suez Canal after...
23 Jul, 2026, 07.21 PM IST
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...
23 Jul, 2026, 07.40 AM IST
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...
23 Jul, 2026, 07.21 AM IST
- Brent crude surges 4% to over $95 a barrel, nears 6-week high as conflict threatens key oil transit routes
Oil prices hit a six-week high on Wednesday, with Brent crude racing past ninety-five dollars a barrel. The growing tensions between the U....
22 Jul, 2026, 05.28 PM IST
Houthi Red Sea threat would challenge a stretched US militaryThe Houthis' threats to block Saudi ports signify a troubling development in the Iran war, potentially raising US military commitments in t...
22 Jul, 2026, 12.04 PM IST
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...
22 Jul, 2026, 09.58 AM IST
US, Iran intensify attacks as diplomacy struggles to revive truceDiplomatic efforts to revive the collapsed US-Iran interim agreement are gathering pace. Shipping disruptions are deepening as the Strait o...
21 Jul, 2026, 09.25 PM IST
Saudi oil tankers bound for India, China reroute after Houthi warningTwo oil tankers carrying Saudi crude for India and China changed course. Houthi militia warned shipping companies against loading or unload...
21 Jul, 2026, 08.35 PM IST
US bombs Iranian ports and cities; Tehran retaliates with attacks on US sites in Bahrain, Kuwait and JordanUS and Iranian forces exchanged strikes for the tenth consecutive night. Iran-aligned Houthis threatened a naval blockade against Saudi Ara...
21 Jul, 2026, 08.05 PM IST
Gold gains as hopes for US-Iran diplomacy cool oil price rallyGold prices saw an increase as oil prices softened due to diplomatic efforts. Yemen's Houthis threatened a naval blockade, which could disr...
21 Jul, 2026, 07.55 AM IST
How a Houthi blockade in the Red Sea tightens Iran's grip on global energy suppliesYemen's Houthis declared a maritime blockade against Saudi Arabia on Monday. This action escalates regional conflict and impacts global ene...
20 Jul, 2026, 07.35 PM IST
Yemen's Houthis announce a maritime embargo against Saudi ArabiaYemen's Houthi rebels have announced a maritime embargo against Saudi Arabia. This action follows recent attacks on Sanaa Airport and Abha ...
20 Jul, 2026, 06.38 PM IST
Why the Red Sea remains one of the world's most dangerous shipping routesRed Sea Shipping Route Explained: In a concerning development, Iran has alerted the world to possible disruptions in the Red Sea that threa...
20 Jul, 2026, 01.07 PM IST
Iran tells Houthis to close Red Sea gateway if US hits power network, sources sayIn a significant escalation, Iran has directed Houthi militias to get ready to obstruct the Red Sea oil passage should the United States ca...
16 Jul, 2026, 05.54 PM IST
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,...
15 Jul, 2026, 12.09 AM IST
After Hormuz, Iran turns to Red Sea gateway as new pressure pointIran is signaling potential closure of the Bab el-Mandeb Strait via its Houthi allies. This move risks disrupting global trade and vital en...
14 Jul, 2026, 11.07 PM IST