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India-crewed tanker hit near Iran, MEA says communication between ship & US Navy preceded strikeThe US military fired on a tanker carrying 24 Indian crew members. This happened as the US enforces a blockade of Iranian ports. India's Mi...
Govt hikes domestic LPG prices by Rs 29 per cylinderIndia imports 60% of its LPG requirement, with 90% of supplies sourced from West Asia. Despite the near closure of the Strait of Hormuz, In...
West Asia War: Hormuz strait will be open but with transit fees, Iran envoy to Moscow quotedIran and Oman will control passage through the Strait of Hormuz. New conditions, including transit fees, will be implemented. This follows ...
Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...
Oman beats Qatar as India’s top LNG supplier as war disrupts Gulf gas flowsIn a significant turn of events, Oman has emerged as India's top source for liquefied natural gas, particularly following the upheaval caus...
The Iran war is pushing the global gas trade into the shadowsAs the Strait of Hormuz remains under Iranian control amid the ongoing West Asia conflict, Qatar has quietly resumed some LNG exports by ad...
Why Asia's oil lifeline can't survive on US crude aloneAsian nations are receiving more crude oil from the United States. However, these increased shipments cannot fully replace oil lost due to ...
US-Iran conflict flares again: American strikes trigger missile retaliation as peace talks falterTensions flare as the US strikes Iran following an Iranian drone shootdown. Iran retaliates with missile fire towards Kuwait, targeting US ...
Quarter of big oil tankers trapped by Iran war have escapedTwenty-nine of 109 vessels capable of hauling 700,000 barrels or more have crossed the Strait of Hormuz, with many switching off navigation...
Bandar Abbas under attack again? Why the world fears every strike near Bandar Abbas as the renewed Strait of Hormuz crisis deepens the global oil shockThe US has struck Bandar Abbas again. For the second time in less than a week, American forces targeted Iran's most critical southern port ...
Merchant ships desert Strait of Hormuz amid renewed US strikesCommercial shipping traffic through the Strait of Hormuz nearly came to a halt on Thursday as fears of renewed military escalation between ...
Iranian missile likely involved in attack on ship in Strait of Hormuz, South Korea saysSouth Korea's Foreign Ministry stated an Iranian anti-ship missile was likely involved in an attack on a HMM cargo ship in the Strait of Ho...
Strait of Hormuz closure chokes trade and aid for AfghanistanAfghanistan's trade routes are severely disrupted. Conflicts in the Middle East and border closures with Pakistan have crippled businesses ...
ADNOC LNG tanker heads to India as gas shipments resume through Strait of HormuzA liquefied natural gas tanker from Abu Dhabi has exited the Strait of Hormuz. This marks an increase in energy shipments through the cruci...
Oil price hits $100 as Brent Crude rises over 4 per cent. Will rate go further up?US and Iran have been working on an agreement to end the Middle East war and reopen the crucial waterway to tanker and cargo traffic since ...
India to prioritise releasing stranded vessels in Hormuz, may resume tanker loading when conditions improve, says officialIndia is ensuring the safe passage of its ships near the Strait of Hormuz. Tensions in the region are impacting global shipping. Authoritie...
India prepares to send oil tankers through Hormuz for new supplyIndia is preparing to resume sending ships through the Strait of Hormuz to pick up oil and energy cargoes from Middle East suppliers for th...