Iran war shock: Govt asks ONGC to build ₹15,000 crore strategic oil reserve at MangaluruIndia plans to boost its oil security. Oil and Natural Gas Corporation, ONGC, will build a new strategic petroleum reserve facility in Mang...
19 Jun, 2026, 09.24 AM IST
PetroChina forecasts Chinese oil consumption will drop 4.9% this yearChina's oil use is set to decline in 2026. This shift comes as the nation embraces new energy sources and faces elevated oil prices. PetroC...
18 Jun, 2026, 04.29 PM IST
PetroChina, Indian Oil fail to secure tankers to load Iraqi crudePetroChina and Indian Oil faced difficulties securing tankers for Iraqi crude. PetroChina and Indian Oil Corp could not find vessels. Sinoc...
18 Jun, 2026, 02.57 PM IST
Brent rises nearly 2% as US military strikes Iranian boats, missile launch sitesOil prices surged as U.S. forces conducted strikes in southern Iran. This action has heightened market concerns amid ongoing negotiations t...
26 May, 2026, 07.24 AM IST
Why are oil prices crashing down today, and will Brent and US WTI crude futures continue to decline or move upwards again? Oil market reacts to US-Iran peace deal hopesWhy are oil prices crashing down today, and will Brent and US WTI crude futures continue to decline or move upwards again? Oil prices dropp...
26 May, 2026, 05.33 AM IST
Iran war: Vessels carrying Middle East oil, LNG exit Hormuz, head for Pakistan, ChinaIran war news: An LNG tanker, Fuwairit, is exiting the Strait of Hormuz for Pakistan. A supertanker, Eagle Verona, carrying Iraqi crude for...
25 May, 2026, 08.22 AM IST
Tankers exit Hormuz as Trump, Vance talk up Iran deal prospectsTwo Chinese oil tankers have passed through the Strait of Hormuz. This follows positive comments from U.S. President Donald Trump and Vice ...
20 May, 2026, 09.40 AM IST
Marshall Islands-flagged LPG tanker Symi arrives at Kandla Port after crossing Strait of HormuzThe arrival of the LPG shipment comes amid heightened international attention on maritime traffic through the Strait of Hormuz, a critical ...
17 May, 2026, 09.58 AM IST
Iran war: Trump administration allows Russia oil sales waiver to expire despite tight marketThe Trump administration let a waiver for Russian oil sales expire. This happened even as the Iran war caused worries about global oil supp...
16 May, 2026, 10.43 PM IST
Suezmax tanker with Iraqi crude reaches India after Hormuz transitAn Iraqi crude oil tanker is heading towards India after navigating the Strait of Hormuz. Commercial ship movements through the vital water...
16 May, 2026, 09.19 PM IST
A tiny oil lifeline reopens through tense Hormuz after months of chokeholdMore oil tankers are navigating the Strait of Hormuz. This offers some relief to the global oil market. Several ships carrying crude oil ha...
14 May, 2026, 09.15 PM IST
Two India-bound LPG tankers transit through Strait of Hormuz amid US-Iran warTwo ships carrying cooking fuel have successfully passed through the Strait of Hormuz. These vessels are heading towards India. This marks ...
14 May, 2026, 03.00 PM IST
Trump says no need for China's help on Iran as shippers seek passage through HormuzPresident Donald Trump states no help is needed from China to end the Iran war. He believes the US will win the conflict. Iran is firming i...
13 May, 2026, 06.20 PM IST
The battle for Hormuz risks sparking the next Iran clashIran is now controlling passage through the Strait of Hormuz. This new arrangement could continue even after the current conflict ends. Gul...
12 May, 2026, 03.41 PM IST
Why are oil and gas prices up today, and will Brent, US WTI crude futures, British and Dutch gas rates rise sharply or fall again? Full market explanation after Trump rejects Iran responseWhy are oil and gas prices up today, and will Brent, US WTI crude futures, British and Dutch gas rates rise sharply or fall again? Oil and ...
11 May, 2026, 06.30 PM IST
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