Strait of Hormuz closure must end within weeks or global economy will suffer, IEA chief warnsGlobal economic headwinds could emerge if Strait of Hormuz disruptions continue for weeks. Financial markets show anxiety over escalating c...
16 Jul, 2026, 07.27 AM IST
Saudi, Houthis edge towards war as Middle East conflict spills overSaudi Arabia and Yemen's Houthis are nearing renewed conflict after recent attacks. Houthi fighters claimed large-scale strikes on Saudi Ar...
15 Jul, 2026, 07.25 PM IST
Crude shipments from Saudi Arabia's Yanbu port near maximum levels amid Houthi tensionsSaudi Arabia is maximizing oil exports through its Yanbu port this week. Increased loadings at Yanbu reflect rising tensions with Yemen's H...
15 Jul, 2026, 10.11 AM IST
India can find alternative sources for crude, but LPG at risk: ExecutivesIndustry executives said India should be able to source alternative crude and LNG supplies, albeit at higher prices. LPG supplies, however,...
15 Jul, 2026, 12.09 AM IST
One misstep away: Pakistan’s Iran tightrope faces its toughest testSaudi Arabia and Yemen's Houthi movement are facing renewed conflict, raising regional escalation fears and making Pakistan's strategic bal...
15 Jul, 2026, 12.01 AM IST
After Hormuz, Iran turns to Red Sea gateway as new pressure pointIran is signaling potential closure of the Bab el-Mandeb Strait via its Houthi allies. This move risks disrupting global trade and vital en...
14 Jul, 2026, 11.07 PM IST
Saudi Arabia warns visitors against visa overstays; violators face fines, imprisonment and deportationSaudi Arabia has warned foreign visitors to depart before their entry visas expire. Overstaying visas can result in significant fines, impr...
14 Jul, 2026, 03.53 PM IST
Saudi Crown Prince sought US support before launching strikes on Houthi targets in Yemen, Trump backed action: ReportUS President Trump backed Saudi Crown Prince's request for military action. Riyadh initiated operations against Iran-backed Houthi targets ...
14 Jul, 2026, 08.28 AM IST
Yemen on high alert after strike blocks Iran flightYemen's government has heightened military readiness following an airport incident. The Houthis reportedly disabled the runway to prevent a...
14 Jul, 2026, 07.43 AM IST
Oil Price Today (July 14): Crude oil hits one-month high at $85 as US-Iran war tensions simmer. Will it cross $100?Brent crude futures gained $1.68, or 2%, to $84.98 a barrel, while U.S. West Texas Intermediate (WTI) crude rose $1.65, or 2.1%, to $79.79 ...
14 Jul, 2026, 07.40 AM IST
Oil climbs to one-month high as US, Iran step up attacks in Strait of HormuzOil prices climbed to a four-week high on Tuesday. The United States reinstated its naval blockade of Iran. Two United Arab Emirates tanker...
14 Jul, 2026, 07.02 AM IST
Yemen government says attacked Sanaa airport, reviving dormant conflictThe government said it had wanted to prevent an Iranian plane from landing in the capital, after failing to convince a Houthi delegation th...
13 Jul, 2026, 09.28 PM IST
India's exports to West Asia region evened out in June: Commerce SecretaryIndia's exports to West Asia grew 7.29 percent to USD 5 billion in June. Shipments to the UAE increased while those to Saudi Arabia saw a d...
13 Jul, 2026, 07.59 PM IST
Iran-backed Houthi rebels in Yemen say Saudi airstrikes hit Sanaa International AirportHouthi rebels reported Saudi airstrikes hit Sanaa airport on Monday. The Yemeni government stated strikes aimed to stop an Iranian plane la...
13 Jul, 2026, 06.15 PM IST
Global Market: Asian refiners turn to cheaper Gulf oil despite Saudi price cutsSaudi Arabia significantly reduced crude oil prices for Asian buyers this month. Rival Gulf producers are offering better value and deeper ...
07 Jul, 2026, 01.41 PM IST
British military says cargo ship reports being under attack in the Red Sea off the coast of YemenA cargo ship faced an attack Sunday off Yemen's coast in the Red Sea, near Hodeida. Unknown assailants targeted the vessel, prompting an in...
05 Jul, 2026, 03.46 PM IST
Houthis kill 14 Yemen government troops in deadliest attack in yearsYemen's Houthi rebels launched a deadly assault south of Hodeidah, killing 14 government troops and injuring 23 in fierce fighting. The Ira...
05 Jul, 2026, 03.35 PM IST