Oil Price Today (July 1): Crude oil above $73 as Iran rejects direct peace talks with US. Where are prices headed?Brent crude futures were up 50 cents, or 0.69%, at $73.45 a barrel at 1208 GMT. U.S. West Texas Intermediate (WTI) crude rose 63 cents, or ...
01 Jul, 2026, 07.30 AM IST
Oil finds its way: Supertankers return to Persian GulfSupertankers are once again navigating the Strait of Hormuz, a crucial oil route, following a period of disruption due to recent Iran confl...
30 Jun, 2026, 12.37 PM IST
Hormuz traffic eases; Iran revives crude supply pitch to IndiaMaritime traffic through the Strait of Hormuz is normalizing, with most India-bound energy shipments successfully navigating the chokepoint...
29 Jun, 2026, 12.14 AM IST
Iran war latest ground report: Interim deal imperilled further as both sides go ballistic againIran war: Escalating tensions saw the U.S. launch airstrikes against Iran following attacks on Bahrain and Kuwait. President Trump warned o...
28 Jun, 2026, 09.21 AM IST
Hormuz traffic eases, ships continue using disputed Oman routeDespite a projectile striking a vessel, ships are continuing to use a non-Iranian-approved passage through the Strait of Hormuz. Traffic le...
26 Jun, 2026, 09.09 PM IST
Traffic through Strait of Hormuz slows after attack on shipStrait of Hormuz traffic saw a dip Friday after a Taiwanese ship was attacked, prompting a pause in evacuation efforts. Despite this, sever...
26 Jun, 2026, 04.40 PM IST
Iran insists on right to control shipping in Strait of Hormuz after ship hit near OmanIran asserted its authority over the Strait of Hormuz, warning Gulf states against aligning with the U.S. This comes after an attack on a s...
26 Jun, 2026, 04.30 PM IST
Taiwan ship operator says vessel hit in Hormuz 'unharmed'A Taiwanese shipping operator's vessel, the Ever Lovely, sustained minor damage after being struck by an unidentified object in the Strait ...
26 Jun, 2026, 04.01 PM IST
Oil Price Today (June 25): Crude oil erases Iran war gains as Hormuz traffic boosts supply. What are experts saying?Brent crude has slipped below $73 a barrel for the first time since February 27, 2026. It had hit a high of $126 per barrel on April 30 and...
25 Jun, 2026, 07.43 AM IST
Iran makes 'major concessions', agrees to long-term nuclear inspections, claims TrumpUS President Donald Trump announced that Iran has agreed to the highest level of nuclear inspections indefinitely, ensuring "nuclear honest...
23 Jun, 2026, 05.06 PM IST
The Strait of Hormuz's future is unsettled even as more ships venture throughShip traffic is slowly resuming in the Strait of Hormuz following an interim deal between Iran and the U.S., but lingering questions about ...
23 Jun, 2026, 11.25 AM IST
US-Iran talks make significant progress in Switzerland; Hormuz channel set up to avert incidentsIran and the US have made significant headway in talks mediated by Qatar, aiming to end a protracted conflict. A new framework is being fin...
23 Jun, 2026, 12.26 AM IST
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...
21 Jun, 2026, 06.12 PM IST
Iran floats ‘Insurance Fees’ and asserts control over HormuzThis development raises concerns for the shipping sector about safe navigation. Iran's new requirements and possible insurance charges coul...
20 Jun, 2026, 11.12 AM IST
'All US blockade enforcement efforts have ceased': Centcom lifts blockade on ships to, from Iranian portsBig news out of the Middle East! The US has officially lifted its blockade on ships going to and from Iranian ports. Central Command confir...
18 Jun, 2026, 11.17 PM IST
What to know about the demining and escort mission that US allies want for the Strait of HormuzAllies are proposing a naval mission for the Strait of Hormuz. This mission aims to ensure safe passage for ships and insurers. It involves...
16 Jun, 2026, 09.48 AM IST
France, UK seek Hormuz deployment if U.S.-Iran ceasefire takes holdFrance and Britain are proposing a multinational naval mission for the Strait of Hormuz. This plan aims to secure shipping routes should a ...
15 Jun, 2026, 06.28 PM IST