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STRAIT OF HORMUZ OIL SUPPLY
Indian Oil Corp cancels Iraq oil lifting amid Hormuz attacks, sources sayIndian Oil Corp cancelled lifting Iraqi oil from Basrah Oil Terminal. Increased risks and attacks in the Strait of Hormuz prompted this dec...21 Jul, 2026, 02.26 PM IST- Strait of Hormuz vessel crossings extend slide on fresh US-Iran attacksVessel crossings through the Strait of Hormuz decreased significantly this week. This drop occurred after a fresh exchange of attacks betwe...21 Jul, 2026, 09.31 AM IST
- Tanker crew abandons vessel after reported projectile strike in Strait of Hormuz, UKMTO saysA tanker in the Strait of Hormuz reported being struck by an unknown projectile. Its crew abandoned the vessel and boarded a lifeboat, acco...21 Jul, 2026, 08.54 AM IST
- Why oil prices haven't gone crazy despite 5 months of US-Iran warOil prices stayed below predictions despite the US and Iran conflict. China's reduced oil imports significantly impacted global demand for ...20 Jul, 2026, 04.27 PM IST
- Why the Red Sea remains one of the world's most dangerous shipping routesRed Sea Shipping Route Explained: In a concerning development, Iran has alerted the world to possible disruptions in the Red Sea that threa...20 Jul, 2026, 01.07 PM IST
- US strikes Iran for ninth day; Iran says two oil tankers in Strait of Hormuz exploded and immobilisedUnited States forces conducted strikes against Iran for a ninth consecutive day. Iran reported explosions on two oil tankers in the Strait ...20 Jul, 2026, 10.25 AM IST
- Why the Strait of Hormuz is losing importanceThe Iran-Israel conflict briefly raised fears that disruption of the Strait of Hormuz, through which about 20% of global oil and gas passes...17 Jul, 2026, 01.43 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
- Oil Price Today (July 16): Crude oil at $86, rises for 4th day as US-Iran attacks continue. What are experts saying?The United States on Wednesday targeted Iran's coastal defence systems and missile sites after reimposing a naval blockade on Iranian ports...16 Jul, 2026, 07.47 AM IST
- Strait of Hormuz closure must end within weeks or global economy will suffer, IEA chief warnsGlobal economic headwinds could emerge if Strait of Hormuz disruptions continue for weeks. Financial markets show anxiety over escalating c...16 Jul, 2026, 07.27 AM IST
- Iran-linked vessels pass through Hormuz ahead of US blockadeVessels transited the Strait of Hormuz linked to Iranian trade before a US blockade took effect. Nine of eleven vessels passed through the ...15 Jul, 2026, 08.52 AM IST
- India can find alternative sources for crude, but LPG at risk: ExecutivesIndustry executives said India should be able to source alternative crude and LNG supplies, albeit at higher prices. LPG supplies, however,...15 Jul, 2026, 12.09 AM IST
- Trump's Strait of Hormuz Plan Explained: Can the US charge ships and what it means for IndiaStrait of Hormuz Explained: US President Donald Trump's proposal to impose a 20% charge on cargo passing through the Strait of Hormuz has s...14 Jul, 2026, 02.46 PM IST
- Oil Price Today (July 14): Crude oil hits one-month high at $85 as US-Iran war tensions simmer. Will it cross $100?Brent crude futures gained $1.68, or 2%, to $84.98 a barrel, while U.S. West Texas Intermediate (WTI) crude rose $1.65, or 2.1%, to $79.79 ...14 Jul, 2026, 07.40 AM IST
- US to charge 20% on Strait of Hormuz cargo, says Trump; reinstates naval blockade on IranPresident Donald Trump announced the United States is reinstating a naval blockade on Iran. He stated the U.S. will be reimbursed twenty pe...13 Jul, 2026, 08.40 PM IST
- Oil Price Today (July 13): Crude oil up almost 5%, nears $80 as US, Iran unleash more strikes. $100 in sight?Brent crude futures advanced $3.34, or 4.38%, to $79.5 a barrel, while U.S. West Texas Intermediate (WTI) crude gained $3.07, or 4.30%, to ...13 Jul, 2026, 07.39 AM IST
- US-Iran war: Oil flow through Hormuz rises after ceasefire, but fresh strikes spark fears, IEA saysIran war news: Oil flows through the Strait of Hormuz recovered sharply after a ceasefire. Renewed hostilities this week have revived uncer...12 Jul, 2026, 09.22 PM IST
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