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KUWAIT FORCE MAJEURE
Oil falls as supply starts moving through Strait of HormuzOil prices dipped Friday as tankers resumed passage through the Strait of Hormuz following a U.S.-Iran peace deal. The agreement is expecte...- Gulf states in limbo as US-Iran crisis drags onGulf nations grapple with war and peace as Iran's Strait of Hormuz blockade cripples energy exports. Infrastructure damage requires extensi...
- Sensex jumps 1,300 points in three days ahead of Iran war ceasefire expiry: 4 key factorsIndian benchmark indices Sensex and Nifty surged nearly 1% on Tuesday, extending gains for a third consecutive session. Cooling oil prices,...
- Sensex rises over 700 points, Nifty tops 24,550 as investors eye Iran-US peace talks. What lies ahead?Indian stock markets traded higher on Tuesday. The Sensex and Nifty saw gains as investors anticipated peace talks between Iran and the US....
- Oil falls on expectations US-Iran talks likely to proceed, opening supplyOil prices dropped Tuesday as expectations of U.S.-Iran peace talks this week raised hopes for increased supply from the Middle East. Brent...
- Kuwait declares force majeure on oil shipments amid Hormuz blockadeKuwait has declared force majeure on its crude oil and refined product shipments. This action follows a blockade of the Strait of Hormuz. T...
- From falling U.S. wealth to Indian factory closures, oil shock raises global recession riskGlobal markets face turmoil as war in Iran disrupts oil supplies. Businesses worldwide report soaring costs for raw materials. Plastic bag ...
- Israel Iran War News Day 26: Kuwait airport hit again, US to send more soldiers while Trump claims ‘gift’ from Iran amid peace proposalIsrael Iran Day 26 News Updates: The West Asia war is escalating on its 26th day. Strikes are intensifying across Iran, Israel, and Lebanon...
- Oil jumps to highest settlement since July 2022 as more Mideast supply disruptedOil prices have surged to their highest in nearly four years. Iraq declared force majeure on oilfields. The U.S. is deploying more troops t...
- Macquarie walks away from Kuwait oil pipelines deal amid Iran war, sources sayUS-Israel Iran War: Kuwait Petroleum Corporation is seeking offers for its oil pipeline network despite regional tensions. Macquarie has ex...
- Bahrain orders lockdown after Iranian strike on Muharraq fuel tanksMiddle East war: Bahrain is responding to Iranian attacks. A blaze in Muharraq Governorate prompts public advisories. Earlier, an Iranian s...
- LPG cylinder gas price today (March 11): Why is the Middle East war triggering LPG prices in India? Check rates in Delhi, Mumbai and other citiesLPG Gas price: The ongoing Middle East crisis has triggered a shortage of LPG prices in India. A few days back, the prices of domestic and ...
- Saudi Aramco reducing output at two oilfields, two sources saySaudi oil giant Aramco is rerouting crude to the Red Sea port of Yanbu. The vital Strait of Hormuz is effectively closed due to the US-Isra...
- Oil dives $20 to below $90/bbl in record intraday reversal as Trump signals possible end to warCrude oil prices plummeted over $20 from intraday highs, falling below $90 a barrel following U.S. President Trump's remarks suggesting a s...
- US-Israel war on Iran disrupts oil, gas supply: Key energy disruptions across Middle East so farA war involving the US and Israel has severely disrupted oil and gas exports from the Middle East. Major producers like Kuwait and Iraq are...
- Saudi Arabia races to reroute oil as Gulf storage fills fastSaudi Arabia is rerouting millions of barrels of oil to its Red Sea ports, primarily Yanbu, to maintain global supply amidst Middle East te...
- Oil prices rise as Iran conflict widensOil prices were up more than one percent in early Asian trade on Thursday off the back of persistent worries about supplies because of the ...
- Qatar shuts LNG output; supplies to India hit, city gas sector flags crisisQatar has halted liquefied natural gas (LNG) production after its facilities came under attack amid the ongoing West Asia conflict, disrupt...
- Qatar halts LNG output after attacks; disruptions to hit Indian supplies, city gas firms flag concernsQatar has stopped liquefied natural gas production following attacks. This halts supplies to India, affecting industrial consumers and city...
- IOC declares force majeure on oil purchases from Saudi, UAE, Iraq, KuwaitIOC has reduced processing at its refineries by at least one-fourth as shutting down of businesses, suspension of flights and most vehicles...
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