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RED SEA SHIPPING DISRUPTION
Global Market: Goldman Sachs sees Brent crude trading at $80-$90 until Iran conflict outlook clearsGoldman Sachs forecasts Brent crude prices between $80 and $90 per barrel. This range persists until clarity emerges on US-Iran nuclear tal...04 Aug, 2026, 02.58 PM IST- Indian Oil rules out shift from Gulf crude despite regional conflictIndian Oil Corp will continue using Gulf crude, it said citing freight advantages and refinery configurations. The company anticipates no i...01 Aug, 2026, 01.43 PM IST
- Oil Price Today (July 31): Crude oil extends fall to $88. What’s behind the decline amid Iran war?Saudi Arabia is seeking to spearhead a coalition to enhance defense cooperation in the Bab El-Mandeb Strait, the Red Sea and the Gulf of Ad...31 Jul, 2026, 08.18 AM IST
- Drone attack in Egypt raises fresh fears over Suez Canal, global oil supplyA drone strike on Egyptian tankers has raised energy security concerns for the Suez Canal. This vital route offers a safe passage for Saudi...30 Jul, 2026, 11.17 PM IST
- Saudi Arabia seeks coalition to secure Red Sea shippingSaudi Arabia is seeking an international coalition to safeguard Red Sea shipping lanes. This initiative aims to counter ongoing Houthi atta...30 Jul, 2026, 07.46 AM IST
- Oil Price Today (July 30): Crude oil dips below $90 after 8% surge on Wednesday. Here’s whyBrent crude futures were down $1.29, or 1.42%, at $89.45 a barrel. U.S. West Texas Intermediate (WTI) crude slipped 56 cents, or 0.66%, to ...30 Jul, 2026, 07.41 AM IST
- Oil prices slip as tankers continue to ply Middle East conflict zonesOil prices saw a decline as tankers continued to move out of the Middle East. Escalating tensions and expanded conflict fronts are impactin...30 Jul, 2026, 07.12 AM IST
- India's energy security at risk from Hormuz-Red Sea double squeeze, says CareEdge RatingsIndia faces significant energy security risks from chokepoint disruptions. A dual closure could push Brent crude prices to $130-135 per bar...29 Jul, 2026, 06.32 PM IST
- Houthis pushing to model Iran's Hormuz control in Red Sea, Yemeni FM saysYemen's top diplomat stated Houthis aim to replicate Iran's Strait of Hormuz strategy. This action could disrupt shipping in the Bab el-Man...28 Jul, 2026, 10.55 AM IST
- MRPL seeks crude via tender avoiding Red Sea and Hormuz, document showsMangalore Refinery and Petrochemicals Ltd is seeking oil imports via a spot tender. The company has asked suppliers to avoid the Red Sea an...27 Jul, 2026, 02.45 PM IST
- Red Sea shipping slows after Houthi attack on Saudi Arabia, data showsShip traffic through Bab el-Mandeb decreased Sunday after Houthi attacks on Saudi oil sites. Fewer than ten commodity vessels passed throug...27 Jul, 2026, 10.27 AM IST
- Red Sea shipping slumps after Houthi strikes on Saudi Arabia energy infrastructureShip traffic through Bab el-Mandeb declined significantly on Sunday. This occurred after Yemeni Houthis attacked Saudi oil installations al...27 Jul, 2026, 06.24 AM IST
- Ships continue Red Sea transit despite attacks and Houthi blockade: ReportDozens of vessels navigate the Bab el-Mandeb Strait despite Houthi rebel threats. Growing uncertainty forces ships to alter courses and exe...25 Jul, 2026, 10.12 PM IST
- Trouble is brewing at Middle East's two key chokepointsShipping disruptions are emerging in key Middle East oil transit routes. Concerns are rising as vessels alter voyages due to security risks...24 Jul, 2026, 12.54 PM IST
- Oil Price Today (July 24): Crude oil dips below $100 but up 13% this week as supply tensions mount. $120 per barrel possible?Brent futures fell 81 cents, or 1%, to $99.68 a barrel at 0126 GMT, but were still set for a 13.5% rise this week. West Texas Intermediate ...24 Jul, 2026, 07.45 AM IST
- New threat by Yemen's Houthis could widen Iran war, put another trade chokepoint at riskHouthi rebels threaten to blockade the Bab el-Mandeb Strait, impacting global trade routes. They recently attacked two Saudi oil tankers in...23 Jul, 2026, 09.29 PM IST
- Why the Red Sea remains one of the world's most dangerous shipping routesRed Sea Shipping Route Explained: In a concerning development, Iran has alerted the world to possible disruptions in the Red Sea that threa...20 Jul, 2026, 01.07 PM IST
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