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Eleven India-bound vessels have crossed Strait of Hormuz since signing of Iran-US MoU: MEAEleven India-bound vessels have successfully navigated the Strait of Hormuz since the US-Iran agreement on June 17, according to MEA spokes...- 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...
- TotalEnergies' Saudi Arabia refinery will not be fully repaired until early 2027, CEO Patrick Pouyanne tells French lawmakersTotalEnergies' SATORP refinery in Saudi Arabia is operating at reduced capacity after drone attacks. Full repairs are expected by early 202...
- Suez Canal sees oil tanker surge amid Strait of Hormuz disruptionEgypt's Suez Canal saw a significant rise in oil tanker traffic and revenue in April. This surge is linked to the closure of the Strait of ...
- What is the US Fifth Fleet, America’s backbone in the Middle East and why is it under Iran’s attack?Iran's IRGC claimed to have targeted the US Navy's Fifth Fleet headquarters in Bahrain amidst escalating tensions. This naval command, cruc...
- Narrow the Gulf for Delhi: Conversation on derisking the future from Hormuz is good news for IndiaThe West Asia crisis presents India a chance to regain global influence. Discussions are underway to secure trade routes beyond the Strait ...
- India may have found reliable trade route beyond Strait of Hormuz with Oman trade dealIndia's new trade pact with Oman, effective June 1, offers strategic importance beyond trade. Oman's location outside the Strait of Hormuz ...
- India turns to Latin American, African oil after Hormuz disruptionIndian refiners sought oil from Latin America and Africa as Middle East supplies faced disruptions. Imports from Venezuela, Brazil, Angola,...
- India’s next big energy bet may come straight from China’s coal handbookThe Strait of Hormuz closure is impacting Asia's chemical industry, pushing India to emulate China's coal-to-chemicals model for energy and...
- Bharat Petroleum reviewing oil imports daily, spot buying more amid Iran war, chairman saysIndia's Bharat Petroleum is increasing spot crude purchases due to Middle East supply disruptions from the U.S.-Iran conflict, impacting it...
- 'Unacceptable' threat to safety: UN nuclear watchdog sounds alarm over drone strike near UAE's Barakah plantA drone strike near the UAE's Barakah nuclear plant has sparked grave concern from the IAEA, though radiation levels remain normal. The inc...
- A drone strike causes fire outside a nuclear power plant in Abu DhabiA drone strike ignited a fire outside the Barakah Nuclear Power Plant in Abu Dhabi, UAE, on Sunday. Authorities confirmed no injuries or im...
- India working on Rs 40,000 crore subsea gas pipeline project to help mitigate risks brought to fore by Hormuz blockadeIndia subsea gas pipeline project: India is accelerating plans for a direct deep-sea gas pipeline from Oman, estimated at ₹40,000 crore, to...
- Pakistan is shaping up an idea that can worry IndiaPakistan is pushing a proposed “Islamic NATO” with Saudi Arabia, Qatar, Turkey and Pakistan, aiming to build a regional defence bloc that r...
- AI-fuelled rally keeping global markets resilient despite oil shock, says Ed YardeniGlobal equity markets are defying geopolitical risks and high oil prices, with investors betting on economic resilience fueled by AI-driven...
- US bases in Gulf become Achilles heel as Iran inflicts 'unprecedented damage': ReportIran has caused significant damage to American military bases across the Gulf. Reports reveal extensive destruction at facilities in Kuwait...
- OPEC just lost one of its biggest players — here's the inside story of the UAE's exit and what the Saudi-UAE split really means for OPEC's market powerUAE Quits OPEC: How the World's Energy Map Just Shifted Permanently. The UAE's departure from the Saudi Arabia-led cartel is being called t...
- Strait of Hormuz closed again over US blockade, says Iran military commandIran's military command has announced the closure of the Strait of Hormuz, a vital energy shipping channel, citing a US blockade. This move...
- Asia relying on US crude to replace Middle East supplyAsian fuel makers are turning to US crude oil. This shift is driven by disruptions in Middle Eastern supply. Countries like Japan and South...
- Welspun Corp associate company signs Rs 3,670 crore contracts with Aramco for steel pipe supplyWelspun Corp Ltd has signed multiple agreements worth SAR 1.65 billion with Saudi Arabian Oil Co. (Aramco) for the supply of steel pipes. T...
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