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STRAIT OF HORMUZ OIL CRISIS
Oil prices drop more than $1 as hopes for Iran, Ukraine peace talks pressure marketsOil prices dropped more than $1 on Thursday as hopes for progress in peace talks over the Middle East and the Russia-Ukraine wars pressured...
Three Indian seafarers safe after Saudi-flagged oil tanker faces possible attack in Strait of Hormuz, says SonowalA Saudi Arabia-flagged oil tanker named NCC FAJR experienced a possible attack while navigating the Strait of Hormuz. Three Indian seafarer...
Iran says tanker struck mine, caught fire in HormuzAn oil tanker has been engulfed in flames after striking a mine in the Strait of Hormuz, as Iran continues to limit maritime traffic since ...
Trump's Iran war pause is as costly as new strikesGulf energy producers are facing higher operational costs due to the ongoing conflict with Iran. While crude oil exports have shown a recov...
Liberian-flagged tanker carrying six Indian seafarers hit by projectile in Persian Gulf while sailing towards DubaiA Liberian-flagged oil tanker carrying six Indian seafarers was hit by a projectile while travelling through the Persian Gulf on Tuesday, l...
Oil rises from two-month low as Hormuz shipping attacks offset Iran truce hopesOil prices rose after a two-month decline due to ongoing tensions in the Iran war and attacks on shipping. Brent futures climbed following ...
Iran says two oil tankers on fire in HormuzIran's Revolutionary Guards have reported that two oil tankers caught fire in the Strait of Hormuz. The vessels were allegedly traveling al...
Heat-trapping carbon pollution drops, but scientists cite the Iran war rather than energy progressThis year, global carbon emissions fell by 0.4%, driven by oil supply disruptions from the conflict in Iran. While oil and natural gas emis...
Iraq reaches US understanding to resume oil exports through Strait of Hormuz, says foreign ministerIraq has reached an understanding with the US to allow its oil exports through the Strait of Hormuz using a shipping lane near Oman, Foreig...
IOC to buy crude, LPG ships as West Asia crisis exposes shipping risksIndian Oil Corporation aims to enhance control over its energy supply chain by acquiring crude oil carriers and LPG vessels. The company is...
Iran says two oil tankers catch fire after hitting naval mines in Strait of HormuzTwo oil tankers caught fire after allegedly striking naval mines while attempting to cross unauthorised routes through the Strait of Hormuz...
US military says it fired on commercial vessel in Gulf of Oman after it attempted to breach blockadeU.S. Central Command disabled a ship flagged by St. Kitts after it attempted to leave Iranian waters. This action follows multiple warnings...
Iran Guards say two tankers caught fire in HormuzOn Friday, Iran's Revolutionary Guards reported a fire involving two oil tankers in the Strait of Hormuz. This incident came soon after cla...
Iran's IRGC says two tankers and tugboat caught fire in Strait of HormuzIran's Islamic Revolutionary Guard Corps reported that two oil tankers caught fire in the Strait of Hormuz. One tanker reportedly struck a ...
Iran's leaders say midterm results show US voters have rejected Trump's warIranians expressed defiance following the US midterm elections, celebrating the Democrats' victory over Donald Trump. Supreme leader Ayatol...
Iran lifts Hormuz transit curbs for ships from India, China, Iraq and Qatar, could ease pressure on India’s oil and gas supplyIran has announced the lifting of transit restrictions for vessels from India, China, Iraq, and Qatar. This decision aims to enhance region...
US Iran war: UAE plans third crude oil pipeline to avoid Strait of HormuzThe United Arab Emirates is planning to construct a third oil-export pipeline to minimize reliance on the Strait of Hormuz. This new pipeli...
- Iranian officials say midterm results show US voters have rejected Trump's war
Concerns about the war's effects, particularly frustration over rising prices for fuel and other goods in the U.S., helped Democrats win co...
Iran says tankers destroyed after hitting mines in HormuzAmid ongoing U.S.-Iran tensions, a fiery incident involving four oil tankers took place as they struck naval mines in the Strait of Hormuz,...
Why are oil prices down today? Brent Crude futures drop by 5.9%. Here's the latest priceOil prices have fallen by 5.9% due to diplomatic talks between Iranian and Qatari officials. The hopes of a deal to end the US-Israeli war ...