Iran, Oman near Hormuz reopening deal as talks advanceIran and Oman are making progress on a deal to reopen the Strait of Hormuz. This potential agreement involves shared control and service fe...
04 Aug, 2026, 09.54 PM IST
Hormuz oil shuttling trade is picking up again after lullProducers are using their own vessels or fixed contracts to ensure oil delivery. This activity is crucial for global oil markets, which rel...
01 Aug, 2026, 10.19 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
US and Iran trade missile barrages as hopes dim for a quick resolution to the five-month conflictThe United States and Iran exchanged missile strikes, escalating regional conflict. Jordan and Kuwait reported intercepting Iranian missile...
30 Jul, 2026, 09.50 PM IST
Iran resumes missile attacks as US and Saudis strike Tehran-backed militias in IraqThe flare-up on multiple fronts, after several days of relative calm, raised the risk of a return to all-out war. It also underscored the d...
30 Jul, 2026, 01.47 PM IST
Saudi oil can still get out — but it won’t be cheap or easySaudi Arabia faces a challenge rerouting oil exports due to Houthi attacks. An existing pipeline bypasses the Strait of Hormuz, but a new d...
27 Jul, 2026, 01.05 PM 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
Houthis say they don't seek to close key Bab al-Mandeb StraitA Houthi spokesman said Friday that the rebels were not blocking traffic through the strategic Bab al-Mandeb Strait, after they declared a ...
25 Jul, 2026, 05.03 PM IST
Crude oil prices rise 10% this week but China enters fray to push for end to Iran war. What’s next?Crude oil futures experienced a significant decline on Friday. This drop followed reports of China's initiative to restart stalled US-Iran ...
25 Jul, 2026, 10.26 AM IST
US military says it fired on another merchant vessel trying to breach its blockade of Iranian portsThe US disabled a second merchant vessel enforcing its blockade of Iranian ports as Iran targeted US-linked bases across the Gulf. Fighting...
25 Jul, 2026, 06.23 AM IST
Gulf states seen splurging on debt to build new Hormuz bypassesPersian Gulf nations are preparing to raise more debt to fund ports, pipelines and transport links that reduce reliance on the Strait of Ho...
24 Jul, 2026, 04.09 PM IST
Explosions are heard near a US base in northern Iraq as US-Iran fighting escalatesExplosions sounded near a U.S. base in Iraq and sirens rang out in Bahrain on Friday. The U.S. military conducted its thirteenth night of s...
24 Jul, 2026, 03.06 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 crosses $100: A 'perfect hurricane' can trigger bigger shock soonBrent crude has surged past $100 as escalating Middle East tensions threaten two critical oil chokepoints — the Strait of Hormuz and Bab el...
23 Jul, 2026, 09.32 PM IST
Fujairah bunker fuel sales halve as US-Iran war disrupts suppliesFujairah bunker fuel sales dropped significantly in early 2026. This decline occurred after the U.S.-Iran war impacted supplies near the St...
16 Jul, 2026, 10.15 AM IST
Iran overplaying its hand on Hormuz? A new game has just begun in West Asia oil sceneAs nations surrounding Iran pour billions into new pipeline networks, the significance of the Strait of Hormuz as an oil transit route is r...
16 Jul, 2026, 09.57 AM IST
DP World Plans UAE East Coast Port to Bypass Strait of HormuzDP World is planning a new port and container terminal. This development aims to reduce Dubai's reliance on its main hub. The new facilitie...
14 Jul, 2026, 02.16 AM IST