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IRAN OIL SHIPPING
Iran lifts Hormuz transit curbs for ships from India, China, Iraq and Qatar, could ease pressure on India’s oil and gas supplyIran has announced the lifting of transit restrictions for vessels from India, China, Iraq, and Qatar. This decision aims to enhance region...
US midterm elections: Crude cools, but Iran war risks keeps markets guessingOil prices are expected to stay elevated amid President Trump's weakened political position after the midterms. Uncertainties regarding the...
US oil prices crash below $90 as JD Vance blames Iran War for GOP election loss: WTI falls to $88.92, Brent drops to $94.82, but will gas prices follow?Why did oil price crash below $90 today? US oil prices fell sharply after midterm election results indicated Democratic control of Congress...
US Iran war: UAE plans third crude oil pipeline to avoid Strait of HormuzThe United Arab Emirates is planning to construct a third oil-export pipeline to minimize reliance on the Strait of Hormuz. This new pipeli...
Thousands mock Trump's midterm setback at Tehran rallyThousands participated in an anti-American rally in Tehran following the recent US midterm elections. Demonstrators chanted slogans and dis...
MRPL boosts delivered oil buying as Iran war raises shipping risksMangalore Refinery and Petrochemicals Ltd plans to increase crude oil purchases on a delivered basis. This strategy aims to reduce shipping...
Iran says tankers destroyed after hitting mines in HormuzAmid ongoing U.S.-Iran tensions, a fiery incident involving four oil tankers took place as they struck naval mines in the Strait of Hormuz,...
India weighs new oil manoeuvre as old routes get jammedThe West Asia war has forced India to look at energy security through a new, different lens. The oil issue, for India, has now gone from be...
Saudi Aramco Q3 profit jumps 34.5% to $36.25 billion despite ongoing US-Iran conflictSaudi Aramco reported a 34.5% year-on-year rise in third-quarter net profit to $36.25 billion, beating analyst estimates. Higher oil prices...
Iran's Khamenei gives Pezeshkian government ‘certain powers’ for US peace talks: ReportIranian President Masoud Pezeshkian announced the Supreme Leader granted the government powers for talks with the United States. Following ...
Oil rises after report of US strike on Iran's Qeshm IslandOil prices have surged in reaction to reports of a US strike on Iran's Qeshm Island, sparking fears of significant supply interruptions. Pr...
Araghchi says Iran, Qatar propose reopening Strait of Hormuz within two days if US meets Tehran's conditionsIran is currently in talks with Qatari mediators to reopen the Strait of Hormuz in two days. The country's Foreign Minister Abbas Araghchi ...
Oil Price Today (November 2): Crude oil falls to $111 as Iran-Qatar talks continue to end war. What are experts saying?Crude oil price : Oil prices have plummeted dramatically, impacting Brent and WTI crude significantly. As Iranian and Qatari officials enga...
Oil slips more than 1% as talks continue on ending Iran warOil prices witnessed a decline of more than 1% as Iranian and Qatari diplomats engaged in discussions regarding the US-Israeli conflict. Br...
Tanker in Strait of Hormuz hit by explosives attached to small boat, UKMTO saysA tanker in the Strait of Hormuz was hit by a small boat carrying two explosive devices on Thursday, triggering a fire in its engine room a...
The age of pirates isn't over: Modern-day Somali raiders are hijacking oil tankers, holding sailors hostage and demanding millions in ransomOn April 21, 2026, armed men hijacked the Honour 25, a diesel tanker, in a swift attack. The crew was held hostage on board, with a ransom ...
22 Indians, including 14 seafarers, killed in West Asia conflict, MEA saysAmidst the turmoil in West Asia, the loss of twenty-two Indian nationals, including 14 seafarers, has come to light, with three fatalities ...