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PERSIAN GULF OIL SUPPLY
Pak FM Ishaq Dar urges 'uninterrupted' energy supplies, safe passage of ships in call with Iranian counterpartPakistan's Foreign Minister Ishaq Dar engaged in a significant dialogue with his Iranian counterpart on Saturday, underlining the critical ...
India needs multi-route energy strategy as West Asia tensions threaten supplies: ExpertsGrowing West Asian tensions expose India's energy supply vulnerabilities. Experts urge a multi-route strategy and diversified crude and gas...
Crude Oil Above $100: Can Saudi Arabia’s export disruption trigger a new global energy shock?Crude oil has crossed $100 a barrel as Saudi Arabia faces disruptions to its alternative export route following attacks on the East-West Pi...
Aramco to up oil exports to 60 mn barrels in September, OctoberThe rebound in state oil company Saudi Aramco's exports from inside the Gulf to 1 million to 1.5 million barrels per day on average, simila...
US crude shipping costs to China hit record as Middle East war disrupts oil flowsShipping costs for US crude oil to Asia have reached record highs. This surge is driven by Middle East energy flow disruptions and increase...
Oil tankers earn $1 million a day as war leaves ship shortageThe supersized earnings also partly reflect oil-refining margins that have spiraled out of control because wars in Iran and Ukraine mean wo...
Ports giant DP World redraws Hormuz logistics with truck betDP World also set up hybrid sea-and-road services for shipments from Asia and the US, also via Turkey.
Saudi pipeline hit by drones to be out of service for weeks, further restricting oil flowA Saudi oil pipeline faces weeks of repairs after an attack, impacting global petroleum supplies. Houthi rebels captured key Red Sea island...
Saudi oil pipeline hit in strikes will be mostly out of service for several weeks for repairA key Saudi oil pipeline will remain out of service for weeks following a drone attack. The East-West Pipeline is crucial for Saudi Arabia'...
The world wishes it had a 'diesel printer' as two wars push fuel to the brinkThe world is facing a severe diesel shortage as the US-Iran and Russia-Ukraine wars disrupt crude supplies, refinery operations and global ...
Too early to wave red flag over pink slipsIndia is witnessing a resurgence of job cuts in the multinational sector, particularly within the tech and electronics fields. However, the...
Brent holds above $100 as tanker attacks deepen supply fearOil prices are holding steady as Brent crude exceeds one hundred dollars per barrel. Traders are anticipating further supply interruptions ...
Houthis attack Saudi energy sites, cities, wound 73 as Iran war risks wider escalationYemen's Houthis attacked Saudi energy facilities and cities, wounding over seventy people. This escalation highlights the risk of the Iran ...
Oil rises as risks of prolonged Mideast conflict heighten supply worriesOil prices surged on Tuesday as tensions in the Middle East escalated. Iran's warnings of potential retaliation fueled concerns over supply...
US redirects 94 vessels as Iran warns of maritime exclusion zone in GulfUS forces intensified a maritime blockade in the Arabian Sea, boarding and redirecting commercial vessels. Iran's top security official war...
Qatar sends empty LNG ships back toward Gulf amid signs exports could resumeSeveral LNG tankers associated with Qatar are currently en route to the Persian Gulf, hinting at a potential restart of shipments through t...
Iran slams US strikes on IRGC Oil Tankers in West Asia, calls it 'war crime'Iran strongly condemned US strikes on Iranian commercial vessels in the Persian Gulf and Sea of Oman, calling them a violation of the UN Ch...