The month of August and September witnessed an impressive 70% rise in maritime traffic transiting the Strait of Magellan. This surge is pri...

The US Energy Information Administration has revised its oil price forecasts for the coming years due to supply issues. Global benchmark Br...

Gérard Mestrallet emphasized the significance of developing diverse routes for the India-Middle East-Europe Economic Corridor, especially i...

Middle Eastern oil exports have significantly recovered as shipping companies navigate a complex transport network. While conventional meth...

It started at the Gaza border. Then came Hezbollah, Houthi attacks, rerouted ships, an Israel-Iran war, American strikes and an oil shock. ...

A momentous occasion unfolded as the cargo vessel 'DLB Patkai' set sail from Bogibeel Terminal in Dibrugarh, heading to Dhaka. This signifi...

IndiGo will increase fuel charges for both domestic and international flights starting from October 6, 2026. The increase follows a 13.2% r...

Oil prices have seen a decline as increased crude exports from the Middle East and stock releases from G7 nations boost supply levels. Bren...

India’s crude oil imports rose to a 2026-high of 5.26 million barrels per day in September as Gulf supplies surged, with Iraq becoming the ...

The US military is deploying approximately 9,000 additional troops to the Middle East aboard ships for heightened tensions with Iran. Presi...

Oil prices have declined as Saudi Arabia restored partial capacity of its East-West pipeline, affecting global oil supply. Concerns regardi...

Brent crude futures were up $1.65, or 1.57%, at $107 a barrel, while US West Texas Intermediate crude rose $1.29, or 1.40%, to $94 a barrel.

The ongoing US-Iran war is affecting vital maritime chokepoints, specifically the Strait of Hormuz and Bab el-Mandeb Strait. Shipping traff...

Omani Foreign Minister Badr Albusaidi called for self-restraint from all parties involved in the Middle East war. He emphasized that Oman i...

A senior US State Department official said the India-US trade pact is “90-per cent-plus” complete, with only final issues being resolved. T...

Saudi Arabia’s increased crude shipments through the Strait of Hormuz have pushed ship-to-ship transfer operations in the Gulf of Oman to c...

US President Donald Trump expressed strong support for the India-Middle East-Europe Economic Corridor during a meeting. He emphasized the n...