India adds new crude suppliers, but Russia-led 5 countries retain grip on oil importsIndia expanded its crude sourcing to 31 countries during the six-month Iran war, but supply concentration increased sharply as Russia’s sha...
08 Sep, 2026, 06.04 AM IST
Brent crude oil price nears $100 as attacks on tankers threaten to worsen supply shockOil prices climbed to a six-week high as US-Iran attacks on commercial vessels disrupted Strait of Hormuz shipping. Falling tanker traffic ...
07 Sep, 2026, 09.33 PM IST
Qatar sends empty LNG ships back toward Gulf amid signs exports could resumeSeveral LNG tankers associated with Qatar are currently en route to the Persian Gulf, hinting at a potential restart of shipments through t...
07 Sep, 2026, 03.44 PM IST
Oil extends gains after US and Iran strike shipsOil prices experienced a significant rise on Monday, following a spike in tensions between the US and Iran. The US struck three Iranian oil...
07 Sep, 2026, 07.37 AM IST
Oil importers are learning to live with a new reality as old routes of business fall apartOngoing tensions involving Iran are pushing major oil importers to develop alternative supply routes, which increasingly bypass the supply ...
03 Sep, 2026, 11.58 AM IST
Gulf shipping traffic via Hormuz below 10-day average, data showsSix commodity vessels transited the Strait of Hormuz on Wednesday. This number was down from eleven the previous day. The daily average for...
03 Sep, 2026, 09.57 AM IST
Iraq oil exports surge, India set to benefit as Hormuz flows easeIraq's oil exports increased significantly in August and September. This rise followed wide profit margins and Iranian tanker passage appro...
03 Sep, 2026, 07.34 AM IST
Oil edges down as investors weigh uncertainty over U.S.-Iran strikesOn Thursday, oil prices dropped slightly amid escalating military tensions. Investors are closely monitoring the hostilities between the Un...
03 Sep, 2026, 07.27 AM IST
Iran-US attacks restart: Refiners in the crosshairs again as some Gulf cargoes stand delayed, cancelledIndian refiners face mounting crude supply disruptions from the Gulf region. Rising vessel attacks and transit bottlenecks are causing sign...
03 Sep, 2026, 07.01 AM IST
Oil up more than 2% as renewed US-Iran strikes stoke supply fearsOil prices surged as hostilities reignited between the United States and Iran. This escalation raised alarms over possible supply interrupt...
01 Sep, 2026, 07.49 PM IST
Two tankers carrying Saudi oil attacked in Strait of HormuzTwo supertankers carrying Saudi crude were struck by unknown projectiles within minutes of each other while exiting the Strait of Hormuz, s...
01 Sep, 2026, 04.11 PM IST
Asia's refined fuel imports hit post-war low, can the Middle East help?Asia’s refined-fuel imports fell to their lowest level since the Iran conflict began, with August shipments of light and middle distillates...
01 Sep, 2026, 08.30 AM IST
Oil prices rise as latest fighting resurrects Middle East supply disruption risksOn Tuesday, oil prices surged as concerns over supply disruptions arose due to escalating conflicts in the Middle East. Both Brent crude fu...
01 Sep, 2026, 07.22 AM IST
Vessels crossing Strait of Hormuz drop to 5 per day over weekendOn Friday, 14 vessels passed the strait including a very large crude carrier laden with 2 million barrels of Qatari oil that exited with it...
31 Aug, 2026, 10.34 AM IST
Strait of Hormuz ships traffic tanks to below 10-day average, data showsSeven commodity vessels transited the Strait of Hormuz on Thursday, a decrease from the previous day. This traffic level remains below the ...
28 Aug, 2026, 10.03 AM IST
Shipping traffic through Strait of Hormuz rises slightly, data showsShipping traffic through the Strait of Hormuz saw a slight increase on Wednesday. This occurred while a geopolitical standoff between the U...
27 Aug, 2026, 09.06 AM IST
Indian refiners widen oil search as attacks hurt Russian flowsIndian refiners are reducing Russian crude imports amid Ukrainian attacks on supply routes. They are now seeking alternative oil supplies f...
26 Aug, 2026, 11.36 AM IST