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OIL EXPORTS FROM PERSIAN GULF
Oil exports from Persian Gulf 'surpassed pre-conflict levels', claims US Treasury Secy BessentUS Treasury Secretary Scott Bessent announced that oil exports from the Persian Gulf have exceeded pre-conflict levels. This development oc...- 'We could take all of the oil in Iran': Trump weighs quick end to Iran war against letting conflict 'wither'President Donald Trump expressed that the United States has the capability to end the war with Iran quickly. He raised a question about whe...
- 'Knocked the hell out of them, we may go a little further': Trump says Iran will never have nuclear weaponUS President Donald Trump said Iran must not be allowed to acquire nuclear weapons, defending his administration's pressure campaign agains...
- Oil little changed as supply concern lingers amid Houthi attacks on Saudi ArabiaOil prices showed minimal movement as Brent crude futures dipped slightly. In light of intensifying Houthi attacks impacting oil supply, Sa...
- Hormuz war risk pushes crude shipping costs sevenfold, squeezes refiners' margins: Goldman SachsGlobal crude oil freight rates are rising due to war-related risks in the Strait of Hormuz and increased ship-to-ship transfers. Goldman Sa...
- Kuwait-flagged tanker carrying 21 Indian seafarers hit by unknown projectile in Strait of HormuzA Kuwait-flagged oil tanker named M/T Al Dasma was hit by a projectile while passing through the Strait of Hormuz. All 21 Indian seafarers ...
- One dead, eight injured in attack on King Fahd International Airport in Saudi Arabia's DammamOne individual died and eight were injured in an attack at King Fahd International Airport. The Saudi Civil Aviation Authority confirmed th...
- Iran asks US to prove it wants peace by lifting blockade"Iran is prepared to give diplomacy another chance if we see strong evidence of a sincere desire on the part of the US to achieve a just an...
- 6,000 sailors stranded near Strait of Hormuz as UN maritime chief warns against passage amid rising ship attacks and US-Iran tensionsThousands of seafarers remain stranded in the Strait of Hormuz amid escalating maritime attacks and risks. The International Maritime Organ...
- International Oil prices to jump 'super spike', claims energy research analyst, predicts global oil ratesInternational Oil prices: The recovery in Middle Eastern oil exports, higher production outside the Persian Gulf and dwindling demand had n...
- Oil prices may ease to $80 per barrel in 2027 as Middle East supply recovers: Goldman SachsGoldman Sachs expects Brent crude prices to ease to $80 per barrel in 2027 as Middle Eastern supplies recover and the global oil market mov...
- Iran boosts defences after POTUS leaves room for 'Mother of all Bombs'Iran's military has reportedly strengthened its defenses against potential US airstrikes amid ongoing tensions. The Islamic Revolutionary G...
- Iran ships some LPG, jet fuel despite US blockade, data showsIran has managed to export limited liquefied petroleum gas and jet fuel despite ongoing US naval blockades. The Iranian methodology involve...
- Crude oil crisis in Hormuz: Much more than just price and quantityThe conflict in Iran has closed the Strait of Hormuz, severely impacting global oil shipments and market dynamics. While oil availability h...
- Trump suggests renaming the Pacific Ocean after him – here's a list of water bodies and regions he has renamed or has tried toAt a recent rally in Tennessee, Donald Trump suggested renaming more water bodies in his honor, including oceans. The president mentioned p...
- Saudi, UAE join Japan-led push to bolster Asian oil buffersSaudi Arabia and the United Arab Emirates are joining Japan's efforts to strengthen oil supply security in Southeast Asia. This collaborati...
- Conflicts in West Asia and Persian Gulf claimed 11 Indian seafarers' lives: GovernmentConflicts in West Asia and the Persian Gulf have led to the deaths of 11 Indian seafarers. The Indian government successfully repatriated 4...
- India shuns costly Russian oil as Middle East flows recoverIndian refiners have decreased their purchases of Russian crude oil for November delivery as prices rise. Competition from China is further...
- Oil Price Today (October 8): Crude oil jumps 2% to $102 amid rising attacks on ships in Middle East. What lies ahead?Oil prices climbed on Thursday, with Brent crude surpassing $102 a barrel as Middle East tensions and attacks on Gulf shipments heightened ...
- Oil rises as Middle East supply concerns persist amid shipping attacksRising oil prices are driven by persistent supply concerns from the Middle East. This month has seen a surge in attacks on shipping in the ...
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