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STRAIT OF HORMUZ DISRUPTIONS
Iran, US make competing claims over control of Strait of HormuzIran's Basij paramilitary head stated the Strait of Hormuz is under Iranian control. This statement followed US President Donald Trump's as...- India's Petronet says no clarity on September LNG supplies from QatarPetronet LNG of India faces challenges in securing a reliable Qatari natural gas supply for September due to Qatar's force majeure announce...
- Iran says Strait of Hormuz is under its control: Fars news reportThe head of Iran's Basij paramilitary unit has declared that the Strait of Hormuz is firmly under Iranian control, countering US President ...
- Global Market: European stocks gain as lower oil prices offer relief amid Middle East tensionsEuropean shares edged higher as easing oil prices offered some relief, though stalled US-Iran peace efforts and Strait of Hormuz disruption...
- Oil Price Today (August 13): Crude oil dips below $90 despite Strait of Hormuz deadlock. Here’s whyThe Organisation of Petroleum Exporting Countries cut its forecast for global oil demand growth in 2026 to 580,000 barrels per day in its m...
- Oil Price Today (August 12): Crude oil reclaims $90 again after fresh attacks on ships. What are experts saying?Brent crude futures were up 72 cents, or 0.81%, at $89.63, while US West Texas Intermediate (WTI) crude gained 71 cents, or 0.85%, to $83.9...
- Oil rises as doubts over US-Iran deal heighten supply concernsOil prices increased Wednesday morning due to Middle East supply worries. Attacks on ships fueled concerns about disruptions in vital shipp...
- Oil Price Today (August 11): Crude oil rises to $88 after Trump's compensation demand dents Hormuz opening. Here's whyBrent crude futures were flat at $88 a barrel or 0.35%, while US West Texas Intermediate crude futures stood at $83.50, up 0.40% a barrel. ...
- Russia explores rail link to India to bypass maritime chokepointsRussia is exploring a rail link to India through Central Asia and Iran as an alternative to maritime routes vulnerable to disruptions at th...
- Oil Price Today (August 10): Crude oil rises to $85 amid Hormuz worries as attacks continue. What are experts saying?Oil prices climbed Monday as Strait of Hormuz reopening remained uncertain. Iran stated a deal with Oman was nearing completion for new shi...
- No direct talks with US, exchange of messages through intermediaries, says Iranian FM AraghchiIran is not currently engaged in direct negotiations with the United States, while messages between the two sides are being exchanged throu...
- Iran says Hormuz deal with Oman close, but strait reopening hinges on US concessionsIran and Oman are nearing a deal for a new shipping route through the Strait of Hormuz. This agreement is seen as vital for ending the ongo...
- US working to establish safe shipping route through Strait of Hormuz, Vance says 'we don't trust' IranUS-Iran war news: The United States is pushing for secure passage for commercial vessels through the Strait of Hormuz. Meanwhile, Iran and ...
- Iran says Strait of Hormuz reopening depends on US accepting its conditionsIran's Revolutionary Guard stated Strait of Hormuz reopening is conditional on US acceptance. This reopening is not linked to ongoing negot...
- How the Iran-backed Houthis' claims of deadly attacks are stoking fears of a wider regional conflictYemen's Houthi rebels claimed responsibility for deadly attacks this week. These actions escalated the conflict and raised regional concern...
- Iran weighs fines up to 20%, vessel ban for ‘hostile’ ships in HormuzIran's parliament is reviewing a bill to restrict hostile vessels in the Strait of Hormuz. Violators could face significant fines on their ...
- Oil Price Today (August 7): Crude oil rises above $83 as Strait of Hormuz deadlock continues. Here’s whyOil prices climbed for a second session on Friday due to renewed Hormuz Strait concerns. Iran proposed restricting hostile vessels and impo...
- Oil Price Today (August 6): Crude oil dips below $80 on hopes Iran-Oman deal could end Iran war. What are experts saying?Oil prices experienced a minor decline on Thursday amid advancing negotiations. Market watchers are closely monitoring the prospective US-I...
- Oil Price Today (August 5): Crude dips for 3rd session amid hopes of a short-term war deal. What's next?Oil prices dipped again on Wednesday following as discussions aimed at reopening the Strait of Hormuz progressed. Traders are keenly watchi...
- Oil Price Today (August 4): Crude oil nears $85 as peace talks uncertainty loom after fresh attacks. What are experts saying?Oil prices saw a slight increase on Tuesday after significant Monday losses. Supply risks in the Middle East resurfaced as diplomatic hopes...
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