UAE oil exports rebound to 85% of pre-war levels as Gulf supply routes adapt: IEAUnited Arab Emirates oil exports have rebounded significantly, reaching nearly 85% of pre-conflict levels by early June. Leveraging alterna...
24 Jun, 2026, 08.07 AM IST
Oil prices extend decline on expectations of smoother crude flows via HormuzOil prices dipped to four-month lows as tensions eased between the US and Iran, paving the way for more tankers to navigate the Strait of H...
24 Jun, 2026, 07.20 AM IST
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 ...
23 Jun, 2026, 08.34 PM IST
Markets on edge as US-Iran ceasefire deal leaves investors rattled by uncertainty: Seth R. FreemanDespite a US-Iran ceasefire framework, markets remain volatile due to unresolved issues like Iran's nuclear program and the Strait of Hormu...
22 Jun, 2026, 10.25 AM IST
US Centcom says Iran does not control Hormuz after Tehran closes strait over Israeli strikes in LebanonIran has declared the Strait of Hormuz closed following Israeli strikes in Lebanon, citing violations of a ceasefire. However, the US Centr...
21 Jun, 2026, 07.38 AM IST
Hormuz closed again: Will the US-Iran MoU soon sink in the strait?Iran has closed the Strait of Hormuz, citing Israeli actions in Lebanon, a move that plunged a new US-Iran deal into crisis. The agreement ...
21 Jun, 2026, 06.08 AM IST
US military 'vigilant' after Iran announces Hormuz closureThe US military said Saturday it remained "present and vigilant" in the Strait of Hormuz, shortly after Iran announced it was closing the c...
20 Jun, 2026, 08.42 PM IST
Ceasefire hopes between US and Iran drag oil prices lower: What lies ahead?The recent decline in oil prices is primarily driven by fading fears of supply disruptions. Earlier, markets had priced in worst-case scena...
20 Jun, 2026, 09.03 AM IST
PM Modi-Trump G7 meeting: Modi flags seafarers' safety; ties have 'new speed, new energy'Prime Minister Narendra Modi and US President Donald Trump met in France. This was their first face-to-face meeting since February 2025. Th...
19 Jun, 2026, 12.22 PM IST
$300 billion, sanctions relief, Hormuz reopening: Who gets what in the US-Iran peace deal?US-Iran Peace MoU: The US and Iran have signed a preliminary 14-point memorandum of understanding, outlining plans for sanctions relief, ec...
19 Jun, 2026, 11.32 AM IST
PM Modi, Trump to discuss West Asia crisis, energy partnership, trade deal on sidelines of G7 Summit: SourcesPrime Minister Modi and President Trump are set to discuss West Asia tensions, the Strait of Hormuz, and a bilateral trade agreement during...
17 Jun, 2026, 07.23 AM IST
Oman unveils Muscat Peace Plan to prevent future regional conflictsThe initiative is aimed at promoting dialogue, countering hate speech and strengthening community-led peacebuilding amid growing tensions i...
17 Jun, 2026, 12.26 AM IST
Middle East peace deal lifts market mood, but key challenges remain: William LeeGlobal markets are optimistic about a new peace framework involving Iran, easing energy supply and geopolitical concerns. Investors welcome...
15 Jun, 2026, 12.07 PM IST
World leaders welcome US-Iran deal, urge swift implementationA significant peace deal has been struck between the United States and Iran. This agreement aims to end their war and reopen the vital Stra...
15 Jun, 2026, 11.35 AM IST
Indian LNG tanker crosses Strait of Hormuz as US-Iran deal lifts reopening hopesAn LNG tanker has successfully navigated the Strait of Hormuz. This marks a significant step following a peace agreement between the United...
15 Jun, 2026, 11.07 AM IST
'Opportunity to restore regional peace, stabilise global economy': US-Iran breakthrough draws global supportThe major diplomatic breakthrough between Washington and Tehran was announced on Sunday, with President Trump saying that the agreement wou...
15 Jun, 2026, 10.05 AM IST
Why are oil prices up now and will Brent futures and US WTI crude prices continue to rise or decline again? Oil market reacts to US-Iran escalation and Strait of Hormuz closureWhy are oil prices up now and will Brent futures and US WTI crude prices continue to rise or decline again? Oil markets moved higher after ...
11 Jun, 2026, 09.01 AM IST