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Oil prices dive as more tankers move through Strait of HormuzCrude oil prices experienced a significant drop, heading for steep weekly losses as tanker traffic through the Strait of Hormuz increased, ...- US defence firm Anduril in talks for Nissan plant to build drones in Japan, sources sayUS defense firm Anduril Industries is reportedly in talks to acquire Nissan's Oppama assembly plant near Tokyo, aiming to produce military ...
- India-bound oil supertanker booked in Gulf at 897% of benchmark freight rateA supertanker has been provisionally booked to ship oil from the Persian Gulf to India at a staggering rate, nearly nine times the benchmar...
- Hormuz shipping activity shows signs of recovery; Indian refiners shine amid disruption: S&P GlobalShipping through the crucial Strait of Hormuz is showing signs of recovery, with daily transits increasing significantly, though still far ...
- Shipping data reveals see-saw situation in Strait of HormuzShipping traffic through the Strait of Hormuz plummeted on Sunday after Iran declared it closed again, citing alleged violations of a peace...
- Oil keeps flowing through Hormuz despite Iran saying it’s shutDespite Iran's claims of closing the Strait of Hormuz, millions of barrels of oil continued to flow through the vital waterway over the wee...
- Indian refiners increase Russian and UAE oil imports ahead of Hormuz recoveryIndia's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...
- Indian refiners sitting on enough crude, in no rush to resume purchases from West AsiaIndia's state-run refiners have secured enough crude for two months. They are not rushing to buy from the Middle East even if the Strait of...
- NATO weighs options to defend Europe as the US plans for conflict elsewhereNATO's top military officer is developing new defense plans for Europe. This comes as the United States reduces its military contributions,...
- On This Day in History, June 10: Troy falls, Italy enters WWII, Jurassic Park premieres, Thatcher wins for 3rd time, FIFA World Cup opens and other key eventsOn This Day in History, June 10 witnessed events that ranged from the legendary destruction of Troy and the birth of Gothic architecture to...
- Sweden's Gripen faces moment of truth in Ukraine's air war with RussiaUkraine is set to make the Swedish Gripen fighter jet the backbone of its air force, acquiring 20 new Gripen E models and 16 older donated ...
- Global airline chiefs to confront Iran war fuel shock at industry summitAirline leaders meet in Rio de Janeiro facing a major industry crisis. The Iran war is increasing jet fuel costs and disrupting flights. Th...
- The Iran war is pushing the global gas trade into the shadowsAs the Strait of Hormuz remains under Iranian control amid the ongoing West Asia conflict, Qatar has quietly resumed some LNG exports by ad...
- China sends astronaut on year-long space mission as it eyes 2030 moon landingChina launched three astronauts to its space station. One astronaut will stay for a year, a record for the country. This mission supports C...
- UK allows diesel and jet fuel imports from Russian crude via sanctions carve-outBritain will allow imports of diesel and jet fuel refined in other countries from Russian crude oil, creating a sanctions exemption aimed a...
- Airlines plead with state-run oil majors to postpone jet fuel hikesIndian airlines are urging state-run oil refiners to postpone jet fuel price increases for domestic flights. This move aims to ease financi...
- Sri Lanka's move to lease strategic airport near China-controlled Hambantota port sparks Indian interestIndia is keenly watching Sri Lanka's move to offer control of Mattala Rajapaksa International Airport to foreign investors. This presents a...
- Russia-Ukraine war ending soon? Ukrainian President Volodymyr Zelenskiy makes huge claimsUkraine President Volodymyr Zelenskiy said Russia had continued to flout a ceasefire starting from the night of May 5-6 that had been propo...
- Ukrainian drones hit Russia's Primorsk port, oil tankers and military shipsAlexander Drozdenko, governor of the northwest region which hosts the port, said more than 60 drones were downed overnight. He said the fir...
- Sri Lanka seeks investors for loss-making Mattala airport built with Chinese loansSri Lanka is seeking investors for Mattala Rajapaksa International Airport. The airport has been a financial drain since opening in 2013. A...
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