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MIDDLE EAST ENERGY BLOCKADE
Indian Oil close to signing LPG import deal with Algeria's Sonatrach for 2027: SourcesIndian Oil Corp has finalized a deal with Algeria's Sonatrach for LPG imports. This agreement will supply one very large gas carrier monthl...- Oil prices steady as investors assess US-Iran war outlookOil prices stabilized as market participants evaluated the potential implications of the ongoing U.S.-Iran conflict. Shipping activity in t...
- Indian, US fuel exporters reaping bonanza amid oil supply uncertainty due to warsIndia and U.S. oil refiners are benefiting from global fuel supply disruptions caused by wars in Iran and Ukraine, boosting refined fuel ex...
- Trump says no talks with Iran, naval blockade remains in forceUnited States President Donald Trump stated no talks are happening with Iran. He affirmed the naval blockade remains fully in effect and op...
- Trump threatens to 'bomb' Oman if they get in way of Hormuz dealUS President Donald Trump has threatened military action against Oman if it interferes with the US blockade of Iranian ships in the Strait ...
- Global Market: Euro zone bond yields hover near 15-year highs as Middle East war fuels inflation fearsEuro zone bond yields stayed near 15-year highs as Middle East conflict-driven energy inflation raised expectations for ECB rate hikes. Ger...
- L&T bags offshore development project order exceeding Rs 15,000 crore from Middle East clientLarsen & Toubro announced a significant order valued at over Rs 15,000 crore. This contract involves developing multiple offshore facilitie...
- Strait of Hormuz shipping slows sharply after tanker attacksShipping through the Strait of Hormuz slowed significantly over the weekend. This decline followed attacks on tankers and stalled United St...
- Iran, Oman home in on Hormuz Strait deal as ship attacks mountIran and Oman are nearing a deal on managing Strait of Hormuz. This agreement aims to ensure safe passage through the vital waterway. The U...
- 62 commercial vessels redirected, three disabled amid US blockade on Iran: CENTCOMUS CENTCOM said its forces have redirected 62 commercial vessels, disabled three and boarded two while enforcing a blockade against Iran. T...
- Hormuz traffic slows further after US threatens more economic pressure on IranTransit through the Strait of Hormuz has nearly stopped after two ships were attacked. The United States stated it can maintain a naval blo...
- US warns Iran it will step up economic pressure; two more ships attacked in HormuzShip traffic in the Strait of Hormuz slowed significantly after two vessels were attacked. The United States stated it can maintain a naval...
- Rupee logs weekly decline, with RBI intervention curbing lossesThe Indian rupee faced a challenging week, depreciating against the dollar amidst mounting tensions from the Middle East conflict. Despite ...
- Explained: Why Vedanta Aluminium, Hindalco, Nalco shares tumbled up to 7% on FridayVedanta Aluminium, Hindalco and NALCO fell as aluminium prices retreated after Norsk Hydro resumed Alunorte refinery production, easing sup...
- US Navy sends new warship to replace USS Lincoln in Iran war amid mental health crisis, sailors threatening to jump overboardThe USS George Washington is heading towards the Middle East as concerns grow. The USS Abraham Lincoln faces an extended deployment, settin...
- Oil Price Today (August 14): Crude oil dips below $88 despite Trump’s threat to blockade Iran indefinitely. What are experts saying?Brent crude futures were down 30 cents, or 0.34%, at $86.77 a barrel, while US West Texas Intermediate (WTI) crude futures gained 34 cents ...
- US can keep naval blockade on Iranian ports "indefinitely," Pentagon chief saysUS Defense Secretary Pete Hegseth stated the Navy can maintain an indefinite blockade of Iran. Ships will be rotated in and out of the regi...
- Global oil supply shortfall to deepen as Hormuz reopening remains elusive, IEA saysGlobal oil supply will fall by 4.3 million barrels daily this year. Renewed Middle East hostilities are disrupting supplies and deepening t...
- Why the US-Iran war continues to disrupt oil marketsThe oil market is witnessing unprecedented volatility amid the intensifying US-Iran hostilities. Iran's surprising maneuver to shut down th...
- US redirects 53 vessels under Iran blockade, CENTCOM saysUS CENTCOM redirected fifty-three commercial vessels and boarded two ships. Over thirty ships were permitted passage for humanitarian aid p...
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