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LONG BEACH CARGO SHIP ACCIDENT
Oil edges lower amid resumption of strait shipments even as vessel hit near OmanOil prices are poised for significant weekly declines as supply worries ease with tankers navigating the Strait of Hormuz. Despite a cargo ...26 Jun, 2026, 07.05 AM IST- Why are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Cargo ship attack near Oman lifts crude pricesWhy are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Oil prices gained more than 2% after a ca...26 Jun, 2026, 02.33 AM IST
- Iran fired on cargo ship in Strait of Hormuz, say US officialsIran fired on a cargo ship transiting the Strait of Hormuz on Thursday, according to two US officials cited by Reuters. The vessel had earl...26 Jun, 2026, 01.05 AM IST
- Vessel hit by 'unknown projectile' in Hormuz Strait: Maritime agencyThe UK Maritime Trade Operations (UKMTO) security agency reported that the incident occurred 7.5 nautical miles (14 kilometres) southeast o...25 Jun, 2026, 10.38 PM IST
- 30 India-bound ships cross Strait of Hormuz since Iran war began, 26 more await transitThirty ships bound for India have successfully navigated the Strait of Hormuz, a crucial route disrupted by recent geopolitical tensions. A...25 Jun, 2026, 07.32 AM IST
- India-bound oil supertanker booked in Gulf at 897% of benchmark freight rateA supertanker has been provisionally booked to ship oil from the Persian Gulf to India at a staggering rate, nearly nine times the benchmar...24 Jun, 2026, 12.29 PM IST
- No bids made in Indian Oil tender for ships to carry Gulf cargoes, say sourcesIndian Oil Corporation has failed to secure any bids for chartering vessels to transport crude oil and LPG from the Strait of Hormuz. Ship ...23 Jun, 2026, 11.50 AM IST
- India-bound fertilizer ships cross Hormuz, government saysFour cargo ships laden with vital fertilizers like urea and di-ammonium phosphate have successfully navigated the Strait of Hormuz, en rout...22 Jun, 2026, 08.38 PM IST
- Oil keeps flowing through Hormuz despite Iran saying it’s shutDespite Iran's claims of closing the Strait of Hormuz, millions of barrels of oil continued to flow through the vital waterway over the wee...21 Jun, 2026, 06.12 PM IST
- Indian refiners increase Russian and UAE oil imports ahead of Hormuz recoveryIndia's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...21 Jun, 2026, 11.46 AM IST
- 3 Indian-flagged oil tankers transit through Strait of HormuzThree Indian oil tankers, carrying over 8.6 lakh tonnes of cargo and 94 crew members, successfully navigated the Strait of Hormuz en route ...20 Jun, 2026, 08.50 PM IST
- Largest POW grave site: In 1944, the Japanese hellship Hōfuku Maru sank with over 1,000 Allied POWs aboard; in 2026, forgotten military documents led to a discovery no one expected 80 years laterA Japanese prison transport ship, the Hōfuku Maru, sunk in 1944, has been found off the Philippines coast. This discovery brings to light t...19 Jun, 2026, 06.14 PM IST
- At the gates of Hormuz, 80 million barrels of oil are on standbyLarge volumes of crude oil are waiting in the Persian Gulf and are ready to move through the Strait of Hormuz if shipping activity resumes ...19 Jun, 2026, 12.20 PM IST
- Indian refiners sitting on enough crude, in no rush to resume purchases from West AsiaIndia's state-run refiners have secured enough crude for two months. They are not rushing to buy from the Middle East even if the Strait of...19 Jun, 2026, 10.37 AM IST
- A canal without locks? A Latin American mega project aims to challenge the Panama Canal without digging oneMexico’s dry canal project is changing global trade with a bold rail-based route connecting oceans. The Interoceanic Corridor uses a 192-mi...18 Jun, 2026, 11.09 PM IST
- Hormuz may reopen, but fertiliser relief is still months away for IndiaFertiliser supplies and prices will take months to return to normal. Natural gas and petroleum derivative supplies need to resume. Ammonia ...16 Jun, 2026, 01.17 AM IST
- Alang shipbreaking yard, world's largest, faces worst-ever crisis as vessel arrivals hit record lowAlang, India's largest shipbreaking yard, is experiencing its worst downturn. Geopolitical tensions and extended ship lifespans have led to...14 Jun, 2026, 05.30 AM IST
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