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INDIA IRANIAN CRUDE OIL IMPORTS
'All US blockade enforcement efforts have ceased': Centcom lifts blockade on ships to, from Iranian portsBig news out of the Middle East! The US has officially lifted its blockade on ships going to and from Iranian ports. Central Command confir...
Maritime data company says stranded ships have begun transiting Strait of HormuzA new chapter has begun for maritime trade as leading shipowners are now actively navigating their fleets through the strategic Strait of H...
Rupee closes flat at 94.52 vs USD as oil-led rally faces off against dollar demand; Fed verdict loomsThe Indian rupee closed almost flat against the US dollar on Wednesday. Earlier gains were erased as corporate and importer demand for doll...
Iranian oil tankers pass US blockade after US-Iran deal, data showsIranian oil tankers are now sailing through a US blockade. This follows a deal to reopen the Strait of Hormuz. Three tankers carrying five ...
Global Markets: Japan exports extend growth streak despite Middle East supply disruptionsJapan's exports saw a significant rise in May, fueled by a weaker yen and robust demand for semiconductors. This growth outpaced expectatio...
Brent oil price drops under $80 on US-Iran dealOil prices fell to a three-month low Tuesday on optimism over the expected reopening of the Strait of Hormuz after a peace deal between the...
Oil prices to ease after US-Iran deal, but return to pre-war levels could take months: AnalystsEnergy markets anticipate price moderation for crude oil and liquefied natural gas. A potential US-Iran peace agreement and the reopening o...
US Stock Market: Energy stocks slide as oil prices tumble on US-Iran peace breakthroughUS energy stocks tumbled Monday as crude oil prices plunged following a breakthrough US-Iran agreement to end hostilities and stabilize glo...
Oil Price Today (June 16): Crude oil rebounds after 5% plunge as traders await US-Iran peace deal details. Where are prices headed?The rebound followed a sharp selloff on Monday, when oil prices tumbled nearly 5% to their lowest closing level since March 4. The decline ...
Oil rebounds on concerns about US-Iran peace deal, restoration of supplyOil prices rebounded as concerns grew over the lack of details in a preliminary U.S.-Iran agreement to end the war. The resumption of suppl...
Strait path laid for crude prices to travel downwardIndian refinery executives anticipate oil prices falling below $80 per barrel within weeks if a US-Iran agreement is signed Friday, reopeni...
Oil slips 4% as US, Iran reach peace deal to reopen Strait of HormuzOil prices dropped significantly as President Trump and Iran's deputy foreign minister announced an initial deal to end the war and reopen ...
India's Russian oil imports rise in May as refiners boost purchasesIndia continued its strong demand for Russian fossil fuels in May. The nation emerged as the second-largest buyer globally, importing hydro...
Oil Price Today (June 12): Crude oil hits 3-month low as draft Iran-U.S. pact signals Hormuz reopening, sanctions reliefOil prices dropped significantly, hitting a three-month low on Friday. Reports emerged of a potential deal between Iran and the United Stat...
Hormuz oil traffic rebounds as Gulf exporters find workarounds: ReportOil shipments through the Strait of Hormuz are increasing for non-Iranian producers. This surge occurs despite ongoing tensions between Was...
Why crude oil markets suddenly reversed course today: US oil prices collapse below $87 after Trump cancels Iran strike plans, WTI crude drops 3%US oil prices collapsed below $87 as WTI crude dropped nearly 3% after President Trump canceled planned Iran strikes. The move reversed a w...
Oil Price Today (June 11): Crude oil rises over 2% as US strikes Iranian targets again. $100/bbl in sight?Oil prices surged over $2 a barrel after Iran announced the closure of the Strait of Hormuz, a critical shipping route, following U.S. stri...