India faces mounting vulnerability due to its soaring dependence on imported crude oil, now exceeding 90%. A recent EY report urges augment...

"Violating the ceasefire is contrary to Clause 1 of the Islamabad Memorandum of Understanding and will result in the complete halt of all d...

Iran has accused the United States of failing to uphold the interim agreement, in particular by failing to sustain a promised ceasefire in ...

Residents in the UAE received erroneous missile threat alerts due to a technical glitch in the early warning system. The National Emergency...

Strait of Hormuz traffic saw a dip Friday after a Taiwanese ship was attacked, prompting a pause in evacuation efforts. Despite this, sever...

US-Iran war: Divergent remarks from Vice President JD Vance and Secretary of State Marco Rubio regarding Israel's military actions in Leban...

In a worrying development, a cargo ship on a UN-supported journey through the Strait of Hormuz was hit by a projectile, raising alarms as I...

The UK Maritime Trade Operations (UKMTO) security agency reported that the incident occurred 7.5 nautical miles (14 kilometres) southeast o...

The IMF notes a decline in energy and commodity prices following a ceasefire in the Strait of Hormuz, though full normalization will take t...

U.S. Secretary of State Marco Rubio assured Gulf Arab allies that any deal with Iran would prioritize their security interests. Concluding ...

Indian stock markets experienced a significant surge on Thursday, with both the Sensex and Nifty climbing over 1%. This bullish trend was f...

On Thursday, Indian stock markets experienced a remarkable surge, with both Sensex and Nifty seeing significant gains as oil prices fell be...

Aviation stocks, including IndiGo and SpiceJet gained after crude oil prices declined sharply as supply concerns eased following progress i...

Oil prices are dropping significantly as tankers resume passage through the Strait of Hormuz following a preliminary peace accord between t...

Donald Trump said on Wednesday he ordered an investigation into major oil companies over high gasoline prices as the US leader faces critic...

Oil prices dipped to four-month lows as tensions eased between the US and Iran, paving the way for more tankers to navigate the Strait of H...

US-Iran war: Tehran has denied any scheduled visits for International Atomic Energy Agency inspectors to nuclear sites previously targeted ...