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IRAQI BASRAH CRUDE
Why are oil prices up today, and will Brent and US WTI crude futures continue to rise or fall again? Oil market reacts to US-Iran talks, Strait of Hormuz developments and supply outlook- PetroChina, Indian Oil fail to secure tankers to load Iraqi crude
- Iran war: Vessels carrying Middle East oil, LNG exit Hormuz, head for Pakistan, China
- Three crude oil tankers exit Strait of Hormuz with trackers switched off, data showsCrude oil tankers are taking precautions to avoid Iranian attacks. Vessels are switching off trackers when exiting the Strait of Hormuz. Th...11 May, 2026, 10.07 AM IST
- Oil tankers transiting Strait of Hormuz since start of Iran warOil tankers from various nations are successfully passing through the Strait of Hormuz. These vessels are carrying vital oil and gas suppli...20 Apr, 2026, 11.32 AM IST
- Greek, Indian tankers U-turn before Hormuz amid reopening doubtSeveral oil tankers have turned back in the Persian Gulf. This follows Iran's mixed signals on keeping the Strait of Hormuz open. Shipowner...18 Apr, 2026, 12.00 PM IST
- Oil tankers transiting Strait of Hormuz since start of Iran warOil tankers are successfully transiting the Strait of Hormuz. Vessels from various nations are carrying crude oil and refined products to d...15 Apr, 2026, 09.45 AM IST
- First movers at Hormuz: Two Chinese tankers will test Iran-US truce at crude chokepointTwo Chinese oil tankers, Cospearl Lake and He Rong Hai, are heading towards the Strait of Hormuz, potentially becoming the first large fore...09 Apr, 2026, 09.13 AM IST
- Iraqi crude tanker passes through Strait of Hormuz after Iran transit exemptionRecent maritime activity has unveiled the presence of the oil tanker Ocean Thunder, navigated through the Strait of Hormuz while transporti...05 Apr, 2026, 04.19 PM IST
- US oil heads to Greece for first time in four years as refiners seek alternatives to Middle East crudeUS crude oil is reaching Greece for the first time in four years. This shift is driven by Middle East conflicts impacting trade routes. Mea...01 Apr, 2026, 07.51 AM IST
- Iraq oil output further plunges as storage fills, Hormuz exports blocked by conflictIraq's oil production has significantly slumped due to the Iran war, with output from southern fields falling to around 800,000 barrels per...25 Mar, 2026, 07.38 PM IST
- Russia oil’s unexpected staying power in India extends into 2026India oil imports: India continues to buy Russian oil, a key financial support for Moscow. Despite US pressure and sanctions, these imports...27 Jan, 2026, 07.01 AM IST
- Indian refiners shift oil strategy; trim Russian buys and turn to Middle EastIndian refiners are shifting away from Russian oil. They are increasing imports from the Middle East. This move could help India secure a t...21 Jan, 2026, 04.23 PM IST
- BPCL buys Iraqi, Oman crude via one-year import tenders, sources sayIndia’s state-run Bharat Petroleum Corp has finalized two import tenders for Iraq’s Basrah oil and Oman crude covering April 2026–March 202...21 Jan, 2026, 09.44 AM IST
- Mukesh Ambani's Reliance trying to re-sell Middle Eastern crude in rare moveWhy Reliance Industries Selling Middle Eastern Oil Cargoes: Reliance Industries, a major Indian refiner, is now selling Middle Eastern oil ...06 Nov, 2025, 03.01 PM IST
- Saudi Aramco, Iraq company SOMO halt oil sales to Nayara EnergySaudi Aramco and Iraq's SOMO have suspended crude sales to India's Nayara Energy following EU sanctions on the Russian-backed refiner. This...01 Sep, 2025, 11.43 PM IST
- Crude under the hammer: How sellers are hoping to boost value of their oilIraq’s state oil marketing company, known as SOMO, conducted its first-ever auction in April.03 Aug, 2017, 05.30 PM IST
- MT Desh Shanti arrives in Vizag after Iran releaseThe tanker reached at Off Shore Tanker Terminal (OSTT) of Visakhapatnam Port at 0535 hours today," port sources said.18 Sep, 2013, 01.06 PM IST
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