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IRAQ OIL SUPPLY
Houthis attack city in Yemen that UN says is at 'grave risk' by rebels' siegeIran-backed Houthi rebels recently targeted a residential area in Taiz, killing two teenage girls and wounding others. The siege on Taiz ha...- Death toll rises to 73 in Houthi strike on Yemen training camp in deadliest attack in monthsA missile strike by Houthi rebels in southern Yemen killed 73 new military recruits early this week. The recruits were training at the al-A...
- Trump's ‘mother of all bombs’ hit on Iran could be a fireworks showThe US military is contemplating a potential strike against Iran using the Massive Ordnance Air Blast bomb, known as MOAB. Proposed targets...
- Saudi Arabia spends $83 billion on defence. Why are missiles and drones still getting through?Saudi Arabia has invested significantly in defense, spending approximately $83 billion in 2025. Houthi rebels have increasingly targeted cr...
- Crude oil crisis in Hormuz: Much more than just price and quantityThe conflict in Iran has closed the Strait of Hormuz, severely impacting global oil shipments and market dynamics. While oil availability h...
- IMF raises 2026 global growth forecast to 3.1%, warns of rising risks from war and debtThe IMF projects global growth of 3.1% in 2026, supported by AI infrastructure investment, but warns that prolonged Middle East conflict, e...
- IMF says AI investment propping up global growth, but war and debt threaten outlookThe International Monetary Fund forecasts a global GDP growth of over 3% for 2026 driven by strong AI investment. Despite this growth, down...
- Brent commands a war premium as Middle East supply risks keep oil on edgeBrent crude is trading above $100 a barrel as geopolitical tensions and supply risks in the Middle East sustain its premium over WTI. For I...
- ‘We have all of those elements’ in India, says BP CEO Meg O’Neill as firm weighs oil and gas bids under Samudra Manthan schemeIndia's government has introduced the Samudra Manthan policy to enhance energy security through increased oil exploration. BP's CEO Meg O'N...
- Attack risks rise for tankers as Iran vows to block more Hormuz routesTankers face growing risks of attacks and intimidation while navigating the Strait of Hormuz after Iran warned regional countries against o...
- From just-in-time to just-in-case: oil executives say world needs more export routesThe ongoing disruptions from the Iran conflict are reshaping energy supply chain strategies. TotalEnergies and BP are actively seeking alte...
- 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...
- Global Market: OPEC+ keeps November oil output steady as Brent tops $100Seven major OPEC+ producers agreed to keep November crude output unchanged as the Iran conflict disrupted supplies and pushed Brent above $...
- Trump’s diesel squeeze may put Indian refiners in a sweet spot, and a bindA potential US diesel export ban could worsen an already tight global fuel market by removing about 1.2 million barrels a day of supply at ...
- India's crude imports hit 2026 high in September as Gulf supplies surge despite Hormuz risksIndia’s crude oil imports rose to a 2026-high of 5.26 million barrels per day in September as Gulf supplies surged, with Iraq becoming the ...
- India oil refiners change tactics and hire ships to cross HormuzIndian oil refiners are now hiring tankers to pick up crude oil within the Persian Gulf. This approach helps cut costs and secure supply ch...
- Explained: How the US controls Iraq's oil revenuesUS troops are set to leave their last bases in Iraq, but Washington will retain significant economic leverage through Iraq’s oil revenues, ...
- Oil Price Today (September 30): Crude oil at $104 as Trump rejects easing Iran sanctions. What are experts saying?Brent crude futures rose $1.14, or 1.11%, to $103.73, while US West Texas Intermediate crude gained 15 cents, or 0.30%, to $89.50 a barrel....
- India's Russian crude imports fall to five-month low as refiners diversify suppliesIndia's crude oil landscape shifted in September as imports from Russia plummeted to their lowest since April, prompting refiners to seek a...
- Oil’s sea lanes get tougher to navigate; India must press Iran to ease Hormuz blockadeSea lane disruptions in the Red Sea and Persian Gulf impact India's oil imports significantly. India faces challenges securing oil from Wes...
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