The U.S. paid $5 million each to keep 60 commercial ships under its flag in 2018; Defence can call on every vessel during war or a national emergencyIn March 2018, the US government approved a $300 million program to support commercial vessels for defense strategies. This Maritime Securi...
17 Oct, 2026, 01.20 PM IST
Brent crude oil prices hit $110 for first time since May as Iran attacks continue, Ukraine eyes Russia energy infraBrent crude surpassed $110 per barrel as escalating attacks around the Strait of Hormuz and renewed Russia-Ukraine hostilities heightened g...
17 Oct, 2026, 11.50 AM IST
Iran ships some LPG, jet fuel despite US blockade, data showsIran has managed to export limited liquefied petroleum gas and jet fuel despite ongoing US naval blockades. The Iranian methodology involve...
17 Oct, 2026, 12.27 AM IST
EC carries Special Summary Revision to silence opposition after voter deletions in SIR: DMKThe opposition DMK alleges that the Special Summary Revision is intended to appease parties after voter removals. Senior leader T K S Elang...
16 Oct, 2026, 03.00 PM IST
US announces new Iran-related sanctions targeting 16 people, 10 entitiesThe United States has imposed sanctions on 16 individuals and 10 entities connected to Iran's financial operations. US Treasury Secretary S...
16 Oct, 2026, 07.34 AM IST
Trump's shadow fleet loophole: Easing US sanctions on oil tankers may not lower fuel costsIn an effort to address soaring shipping costs, the Trump administration is evaluating the possibility of easing restrictions on sanctioned...
15 Oct, 2026, 07.59 PM IST
Hegseth vows to stop Iran getting nuclear weapons as anti-war protesters disrupt speechUS War Secretary Pete Hegseth emphasized that the United States must act to prevent Iran's nuclear ambitions. Protests erupted during his s...
15 Oct, 2026, 06.26 AM IST
Pump price before politics: Is Trump's Russian diesel purchase a necessary compromise or blatant hypocrisy?Recent actions by Donald Trump to secure Russian diesel imports highlight the complexities of US energy policy, balancing domestic fuel pri...
15 Oct, 2026, 12.17 AM IST
Attacks in Strait of Hormuz reach highest level since start of US Iran war, security data showsAt least ten vessels have been attacked in the Strait of Hormuz since Sunday amid ongoing conflict. Four vessels were struck on Tuesday whi...
14 Oct, 2026, 10.42 PM IST
US military says it disabled cargo vessel trying to run Iran blockadeA US military fighter jet disabled the Panama-flagged M/V Ocean Molica after it violated a naval blockade. This action occurred in the Gulf...
11 Oct, 2026, 09.54 AM IST
Putin relays Iran's peace stance to Trump: KremlinPutin met Iranian President Masoud Pezeshkian on the sidelines of a summit in Turkmenistan earlier this week, where the Russian leader expr...
11 Oct, 2026, 12.34 AM IST
India shuns costly Russian oil as Middle East flows recoverIndian refiners have decreased their purchases of Russian crude oil for November delivery as prices rise. Competition from China is further...
08 Oct, 2026, 02.17 PM IST
US CENTCOM rejects Iran's claim of Hormuz closureUS Central Command has rejected Iran's assertion that the Strait of Hormuz is closed, stating that traffic continues. Commercial and energy...
08 Oct, 2026, 07.09 AM IST
Oil tanker captains are being offered over $100,000, plus bonuses, to cross HormuzOil tanker captains are currently receiving extraordinarily high salaries due to increased risks while transiting through the Strait of Hor...
07 Oct, 2026, 02.18 PM IST
Chinese independent refiners turn to Iraq, Qatar as Iranian crude supplies dwindleChinese independent refiners have turned to buying Iraqi and Qatari crude as Iranian supplies dwindle. The traders report purchases totalin...
07 Oct, 2026, 07.32 AM IST
Global Market: Gulf oil flows rebound to 81% of pre-war levels in SeptemberGulf oil flows excluding Iran recovered to 81% of pre-war levels in September, supported by a sharp rebound in Saudi Arabian exports. Crude...
06 Oct, 2026, 02.22 PM IST
Explainer: Who are the Houthis, Iran's allies in Yemen?Yemen's Saudi-backed government has initiated a military counteroffensive against the Iran-backed Houthis, seeking to recover lost territor...
04 Oct, 2026, 07.20 PM IST