India turns to Latin American, African oil after Hormuz disruptionIndian refiners sought oil from Latin America and Africa as Middle East supplies faced disruptions. Imports from Venezuela, Brazil, Angola,...
25 May, 2026, 01.50 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
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
US wants 'concrete actions' on Iran from next Iraqi PMAmerica wants Iraq's new prime minister, Ali al-Zaidi, to take clear steps. These steps must separate the Iraqi state from Iran-backed arme...
06 May, 2026, 11.32 AM IST
Indian ships reverse course in Hormuz strait, vessel tracker saysIn a tense standoff, two Indian vessels opted to reverse course in the Strait of Hormuz following gunfire allegedly from Iran's Revolutiona...
18 Apr, 2026, 05.30 PM IST
EXPLAINED: What does a US naval blockade of Iran mean for oil flows?The US military will block ships entering or leaving Iran's ports. This action will stop about two million barrels of Iranian oil daily fro...
14 Apr, 2026, 12.49 PM 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
Iraq could restore oil exports to pre-war level within a week if Hormuz reopens, Basra Oil chief saysIraq can quickly restore crude exports to about 3.4 million barrels per day within a week if the war ends and the Strait of Hormuz reopens,...
07 Apr, 2026, 01.33 PM IST
Oil Price Today (March 13): Crude oil drops below $100 despite Iran-Israel war entering 14th day. Here’s whyCrude Oil Price Today (13 March): Crude oil prices dipped Friday morning after the U.S. issued a 30-day license for countries to purchase s...
13 Mar, 2026, 07.55 AM IST
Gulf attacks halt Qatar LNG, Saudi refinery, Israeli energy outputQatar's LNG output accounts for about 20% of global supply and is critical to balancing demand in Asian and European markets. The halt came...
03 Mar, 2026, 12.00 AM IST
Oil dips on pending Kurdistan supply resumptionOil prices dropped this Monday, influenced by the potential resumption of exports from Kurdistan's oilfields and anticipation of Russia-Ukr...
24 Feb, 2025, 07.53 AM IST
Oil markets brace for shipping disruption in southern Red SeaAirstrikes in Yemen on January 12 by the US and UK have heightened a sense of chaos for ships in the area, especially after western navies ...
21 Jan, 2024, 12.38 AM IST
Red Sea: Oil market makes plan to navigate weeks-long troubled waters amidst Houthi threatsThe oil market is bracing for long-term disruptions in the southern Red Sea due to attacks by Houthi militants. Charters of tankers reveal ...
20 Jan, 2024, 02.28 PM IST
Iraq may open doors to Indian tea after 10-year hiatusThe Baghdad Chamber of Commerce has invited Indian tea companies to participate in the first tea festival in Iraq which will be held at the...
08 Nov, 2021, 08.41 PM IST
Iraq invites Indian companies to tea festivalConfirming the invitation, Sujit Patra, secretary of the Indian Tea Association (ITA), said, "Iraq had been a major market for Indian tea t...
08 Nov, 2021, 12.04 AM IST
How Iran fuel oil exports beat U.S. sanctions in tanker odyssey to AsiaThe shipments were loaded onto tankers with documents showing the fuel oil was Iraqi.
20 Mar, 2019, 12.22 PM IST
Oil back in bull market as Kurdish vote amplifies supply riskOil has gained more than 10 per cent this month on forecasts for rising crude demand.
26 Sep, 2017, 03.37 PM IST