US authorises Iranian oil sales until August 21 as part of push for final West Asia truce dealWashington has granted Iran a 60-day waiver on oil sanctions, permitting the nation to produce, export, and sell its crude until August 21....
22 Jun, 2026, 08.30 PM IST
Beyond West Asia conflict: India's oil imports back on track, boosted by record Russian shipmentsIndia’s crude oil imports have returned to normal levels in June, recovering after earlier disruptions caused by geopolitical tensions and ...
22 Jun, 2026, 05.01 AM IST
Nearly 12 ships carrying fertiliser cross Strait of HormuzAt the onset of the Iran war, eight urea, four diammonium phosphate (DAP), one ammonia and three sulphur vessels bound for India were stran...
22 Jun, 2026, 12.04 AM IST
Trump warns Iran: Stop Lebanon proxies or face ‘harder’ US strikesUS President Donald Trump has issued a stern warning to Iran, demanding an immediate halt to proxy activities in Lebanon. Trump threatened ...
21 Jun, 2026, 07.28 PM IST
Indian refiners increase Russian and UAE oil imports ahead of Hormuz recoveryIndia's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...
21 Jun, 2026, 11.46 AM IST
US Centcom says Iran does not control Hormuz after Tehran closes strait over Israeli strikes in LebanonIran has declared the Strait of Hormuz closed following Israeli strikes in Lebanon, citing violations of a ceasefire. However, the US Centr...
21 Jun, 2026, 07.38 AM IST
Global Markets | European stocks muted as US-Iran peace talks called offEuropean stock markets dipped slightly on Friday, reflecting investor caution after the abrupt cancellation of U.S.-Iran peace negotiations...
19 Jun, 2026, 01.41 PM IST
Government may lift fuel-supply safeguards once West Asia crisis abates: OfficialIndia plans to ease emergency energy measures as global tensions subside. These steps were taken to ensure fuel availability amid West Asia...
18 Jun, 2026, 06.35 PM IST
First signs of LNG traffic return emerge at Strait of Hormuz with a relief for PakistanAn LNG tanker loaded in Qatar is approaching the Strait of Hormuz, signalling a possible revival in traffic after a temporary US-Iran peace...
18 Jun, 2026, 09.21 AM IST
Oil slips again as US, Iran sign peace dealOil prices dropped as the U.S. and Iran reached an interim agreement to end the war, reopen the Strait of Hormuz, and lift sanctions on Teh...
18 Jun, 2026, 07.04 AM IST
IEA sees gradual Hormuz recovery tipping into significant 2027 surplusThe global oil market is set for a gradual recovery. The Strait of Hormuz will reopen following a US-Iran agreement. This ends a major oil ...
17 Jun, 2026, 03.05 PM IST
Trump vows to reimpose US sanctions on Russian crude 'soon' as truce with Iran takes shapePresident Trump announced that the US will soon reimpose sanctions on Russian oil, citing eased global supply concerns due to resumed flows...
17 Jun, 2026, 01.46 PM IST
Iran war is a 'wake-up call' for Southeast Asia's energy sector, report saysA war in Iran has highlighted significant energy risks for Southeast Asia. The region faces a potential tripling of its energy import bill ...
16 Jun, 2026, 03.13 PM IST
Qatar plans to rapidly restart LNG production after Hormuz opensQatar plans to quickly ramp up liquefied natural gas production to nearly full capacity within two months of the Strait of Hormuz reopening...
16 Jun, 2026, 01.56 PM IST
US-Iran MoU signed by Trump, Vance and Iran Speaker: OfficialA significant pact between the US and Iran promises an end to their conflict. President Donald Trump and Vice President JD Vance, alongside...
15 Jun, 2026, 10.57 PM IST
Middle East peace deal lifts market mood, but key challenges remain: William LeeGlobal markets are optimistic about a new peace framework involving Iran, easing energy supply and geopolitical concerns. Investors welcome...
15 Jun, 2026, 12.07 PM IST
Fragile Iran deal offers oil relief, but Hormuz risks remainA deal between the U.S. and Iran will reopen the vital Strait of Hormuz, easing global energy supply concerns. However, unresolved disputes...
15 Jun, 2026, 08.41 AM IST