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STRAIT OF HORMUZ OIL SHIPMENTS
Strait of Hormuz remains open despite Iran's closure declaration, maritime group saysThe vital shipping lane through the Strait of Hormuz remained operational, defying Iran's earlier announcements of a closure. While commerc...12 Jul, 2026, 04.41 PM IST- Booms heard in Doha as UAE air defences engage with Iranian missiles & dronesUnited Arab Emirates air defence systems are responding to incoming missiles and drones from Iran. Explosions were heard in Qatar's capital...12 Jul, 2026, 08.21 AM IST
- Goldman says Hormuz flare-up may delay recovery in oil suppliesRenewed tensions between Washington and Tehran have impacted global energy markets significantly. Ship traffic through the strait has nearl...11 Jul, 2026, 10.57 AM IST
- Global Market: IEA sees global oil demand recovering as Strait of Hormuz flows resumeGlobal oil demand is showing signs of recovery as shipments through the Strait of Hormuz resume and crude prices ease, the International En...10 Jul, 2026, 02.13 PM IST
- Fresh US-Iran clash clouds IEA oil outlook despite June supply lift from Hormuz reopeningGlobal oil supply rebounded in June after a ceasefire allowed Strait of Hormuz transit. However, renewed hostilities between the United Sta...10 Jul, 2026, 01.43 PM IST
- Iran rushes out oil exports as tensions with US flare againIran has dispatched eleven million barrels of crude oil via tankers. This action occurs as tensions with the United States escalate signifi...09 Jul, 2026, 07.47 PM IST
- India’s wartime buying spree leaves behind a cooking gas surplusIndia's fuel retailers now have excess cooking gas supplies. They had booked extra cargoes anticipating supply disruptions in the Persian G...09 Jul, 2026, 04.58 PM IST
- Oil Price Today (July 9): Crude oil nears $80, up for 3rd day as US launches fresh strikes on Iran. Hormuz supply in jeopardy?Brent crude futures gained 78 cents, or 1%, to $78.8 a barrel while U.S. West Texas Intermediate (WTI) crude futures rose 74 cents, or 1.01...09 Jul, 2026, 08.03 AM IST
- Indian-flagged crude tanker turns back from Strait of Hormuz after vessel attacks: ReportSeveral oil and gas tankers have turned back from the Strait of Hormuz. This action follows renewed attacks on vessels in the critical wate...08 Jul, 2026, 05.01 PM IST
- India seeks safe Hormuz passage for nine ships as truce faltersIn a strategic move, India is engaging Iran in talks to guarantee the safety of nine tankers loaded with crude oil and liquefied petroleum ...08 Jul, 2026, 04.57 PM IST
- US reinstates sanctions on Iranian oil sales after LNG, oil tanker attacksUnited States reimposed sanctions on Iranian oil sales Tuesday. This action followed attacks on vessels in the Strait of Hormuz. The U.S. T...08 Jul, 2026, 06.22 AM IST
- Oil Price Today (July 7): Crude oil snaps 2-day fall as projectile hits tanker in Hormuz. Where are prices headed?Brent crude futures rose 28 cents, or 0.39%, to $72.29 a barrel, while U.S. West Texas Intermediate (WTI) crude gained 29 cents, or 0.26%, ...07 Jul, 2026, 09.06 AM IST
- Oil Price Today (July 6): Crude oil extends fall, hovers below $72. Here are 2 major reasons for the declineBrent crude futures slipped 24 cents, or 0.e33%, to $71.88 a barrel. U.S. West Texas Intermediate crude fell 11 cents, or 0.16%, to $68.58 ...06 Jul, 2026, 09.00 AM IST
- OPEC+ to boost crude output, but can it deliver and who will buy?OPEC+ has boosted oil production quotas for the fifth consecutive month, raising questions about shipping capacity and buyer demand. While ...06 Jul, 2026, 07.19 AM IST
- Oil slips after OPEC+ agrees to raise output targetsOil prices dipped as OPEC+ agreed to boost output from August, with key producers seeing recovering exports via the Strait of Hormuz. Despi...06 Jul, 2026, 06.34 AM IST
- Oil prices little changed as US-Iran peace efforts holdOil prices saw minimal change as peace talks between the U.S. and Iran offered hope for the Strait of Hormuz's reopening. Despite recent sk...04 Jul, 2026, 09.19 AM IST
- Oil Price Today (July 3): Crude oil heads for 4th weekly loss on Hormuz traffic, US-Iran talks. Where is liquid gold headed?Brent crude hovered near the $71-a-barrel mark after briefly dipping below that level in the previous session, while US benchmark West Texa...03 Jul, 2026, 07.52 AM IST
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