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OMAN TANKER ATTACK
IRGC Navy says it hit third supertanker in Strait of HormuzThe Islamic Revolutionary Guard Corps Navy struck a supertanker in the Strait of Hormuz for non-compliance. Two Indian nationals remain mis...
Oman tanker attack: Union seeks 'urgent status update' on two Indian seafarers missing after drone strikeTwo Indian seafarers, Bir Bahadur Yadav and Amit Singh, are missing following a recent drone attack. The drone strike on MT Petro Dolphin o...
Oil Price Today (October 12): Crude oil dips to $103 despite simmering Iran war tensions. Here’s whyBrent crude futures declined $1.42, or 1.36%, to $103.35 a barrel, while US West Texas Intermediate crude fell $1.42, or 1.60%, to $90.42 a...
Oil falls on hopes Russia-Ukraine energy ceasefire will boost suppliesOn Monday, oil prices dipped as the prospect of increased Russian supplies emerged following a ceasefire announcement linked to a new diese...
MEA condemns attacks on two vessels in Hormuz region, calls for de-escalationThe Ministry of External Affairs condemned drone attacks on two commercial vessels in the Strait of Hormuz. MT Petro Dolphin and MT Valther...
Two Indians missing, 9 rescued as drone attacks oil tanker off Oman coastA drone attack occurred on the tanker MT Petro Dolphin, resulting in two Indian seafarers missing. Nine other crew members were rescued and...
1 Indian dead, 10 injured in Riyadh airport attack; Houthis claim responsibilityA missile strike targeting King Khalid International Airport in Riyadh led to several deaths, including an Indian national. The Indian Emba...
US military says it disabled cargo vessel trying to run Iran blockadeA US military fighter jet disabled the Panama-flagged M/V Ocean Molica after it violated a naval blockade. This action occurred in the Gulf...
Brent commands a war premium as Middle East supply risks keep oil on edgeBrent crude is trading above $100 a barrel as geopolitical tensions and supply risks in the Middle East sustain its premium over WTI. For I...
Attack risks rise for tankers as Iran vows to block more Hormuz routesTankers face growing risks of attacks and intimidation while navigating the Strait of Hormuz after Iran warned regional countries against o...
Iranian official says 'illegal routes' in Strait of Hormuz to soon be blockedIran's Revolutionary Guards have announced intentions to close illegal transit routes in the Strait of Hormuz. These routes allegedly facil...
A global job spinner for Indians is now turning into a death trapIndia has emerged as the world’s second-largest supplier of seafarers, but its growing presence aboard global merchant ships has also left ...
Oil tanker captains are being offered over $100,000, plus bonuses, to cross HormuzOil tanker captains are currently receiving extraordinarily high salaries due to increased risks while transiting through the Strait of Hor...
Middle East oil exports are recovering despite Strait of Hormuz tanker attacks, but the bigger problem is getting crude safely to buyersMiddle Eastern oil exports have significantly recovered as shipping companies navigate a complex transport network. While conventional meth...
Global Market: Gulf oil flows rebound to 81% of pre-war levels in SeptemberGulf oil flows excluding Iran recovered to 81% of pre-war levels in September, supported by a sharp rebound in Saudi Arabian exports. Crude...
5 Indian nationals rescued after projectile hits tanker in Strait of HormuzFive Indian nationals were safely rescued after the MT Kazimah III was struck by a projectile. The Indian mission in Oman coordinated the r...
Why is oil at $100 if Trump is winning the battle in Hormuz?The US appears to have gained the upper hand in the battle over the Strait of Hormuz, with allied crude exports recovering to about 80% of ...
At UNGA, India launches maritime safety group to protect ships and seafarersIndia and Liberia have joined forces to establish a 'Group of Friends' dedicated to improving the safety of shipping and seafarers. This ti...
Global Market: VLCC rates hit record as Saudi crude flows jumpSaudi Arabia’s increased crude shipments through the Strait of Hormuz have pushed ship-to-ship transfer operations in the Gulf of Oman to c...
Gulf nations have found ways to keep oil flowing through the Iran war, but the costs are mountingIran's closure of the Strait of Hormuz initially raised concerns about soaring oil prices impacting the global economy. However, Gulf produ...