Indian refiners have decreased their purchases of Russian crude oil for November delivery as prices rise. Competition from China is further...

Oil prices climbed on Thursday, with Brent crude surpassing $102 a barrel as Middle East tensions and attacks on Gulf shipments heightened ...

Aa Ukrainian drone assault targeted the Liberian-flagged Aframax Rio, carrying Indian citizens off the coast of Sochi. Fortunately, all 23 ...

Rising oil prices are driven by persistent supply concerns from the Middle East. This month has seen a surge in attacks on shipping in the ...

Iran's Revolutionary Guards have announced intentions to close illegal transit routes in the Strait of Hormuz. These routes allegedly facil...

Attacks on tankers in the Strait of Hormuz reached unprecedented levels during the week of September 28 to October 5. There were at least 1...

Today’s school assembly will provide students with critical updates on national, international, and sports news. RBI raised the repo rate b...

Oil tanker captains are currently receiving extraordinarily high salaries due to increased risks while transiting through the Strait of Hor...

A Liberian-flagged oil tanker carrying an Indian crew caught fire off Russia's Black Sea coast following a Ukrainian drone attack, with all...

As a storm approaches key oil-producing areas in the US and tensions heighten in Saudi Arabia, oil prices are on the rise. The impending st...

Ukraine struck an oil tanker off the southern Russian coast on Tuesday evening, triggering a huge fire and black smoke cloud that blanketed...

Middle Eastern oil exports have significantly recovered as shipping companies navigate a complex transport network. While conventional meth...

It started at the Gaza border. Then came Hezbollah, Houthi attacks, rerouted ships, an Israel-Iran war, American strikes and an oil shock. ...

Yemen's government has launched a military operation against the Iran-backed Houthi rebels near Taiz city. An Israeli airstrike in Gaza kil...

Iraq's Oil Tankers Company has recently arranged for a Very Large Crude Carrier to transport oil. This shipment of 2 million barrels is sig...

Yemen's Saudi-backed government has initiated a military counteroffensive against the Iran-backed Houthis, seeking to recover lost territor...

Indian oil refiners are now hiring tankers to pick up crude oil within the Persian Gulf. This approach helps cut costs and secure supply ch...