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STRAIT OF HORMUZ SHIPPING CRISIS
Oil tanker captains are being offered over $100,000, plus bonuses, to cross HormuzOil tanker captains are currently receiving extraordinarily high salaries due to increased risks while transiting through the Strait of Hor...- From just-in-time to just-in-case: oil executives say world needs more export routesThe ongoing disruptions from the Iran conflict are reshaping energy supply chain strategies. TotalEnergies and BP are actively seeking alte...
- GAIL India eyes minority stake in US LNG project amid supply security pushState-run GAIL India is in talks with three to four US LNG export projects to secure long-term supplies and may acquire a minority stake in...
- US EIA lifts Brent forecast to $98 as Iran war tightens global suppliesThe US Energy Information Administration has revised its oil price forecasts for the coming years due to supply issues. Global benchmark Br...
- Middle East oil exports are recovering despite Strait of Hormuz tanker attacks, but the bigger problem is getting crude safely to buyersMiddle Eastern oil exports have significantly recovered as shipping companies navigate a complex transport network. While conventional meth...
- 11 Indians injured as projectile hits vessel near Strait of HormuzA Panama-flagged commercial vessel named MT On Peace was hit by a projectile in the Strait of Hormuz. The attack occurred while the vessel ...
- First time in decades Iraq set to move its oil beyond the Strait of HormuzIraq's Oil Tankers Company has recently arranged for a Very Large Crude Carrier to transport oil. This shipment of 2 million barrels is sig...
- Iran reviewing US response to diplomatic proposal presented at UN: Kazem GharibabadiIran is currently evaluating a diplomatic proposal put forth to the United States aimed at easing rising regional tensions. This proposal w...
- Explainer: Who are the Houthis, Iran's allies in Yemen?Yemen's Saudi-backed government has initiated a military counteroffensive against the Iran-backed Houthis, seeking to recover lost territor...
- India's crude imports hit 2026 high in September as Gulf supplies surge despite Hormuz risksIndia’s crude oil imports rose to a 2026-high of 5.26 million barrels per day in September as Gulf supplies surged, with Iraq becoming the ...
- September LNG shipments through Hormuz hit highest since start of US-Iran warIn September, the number of liquefied natural gas cargoes shipped through the Strait of Hormuz increased significantly. A total of 19 cargo...
- India oil refiners change tactics and hire ships to cross HormuzIndian oil refiners are now hiring tankers to pick up crude oil within the Persian Gulf. This approach helps cut costs and secure supply ch...
- No Middle East country will export oil if Iran's crude exports stay blocked, Ghalibaf saysIran's parliamentary speaker, Mohammad Baqer Qalibaf, stated that no country would export oil if Iran faced restrictions. He emphasized tha...
- The US-Iran war is now squeezing two major shipping routes from Strait of Hormuz to the Red Sea — here’s why global trade could feel the impactThe ongoing US-Iran war is affecting vital maritime chokepoints, specifically the Strait of Hormuz and Bab el-Mandeb Strait. Shipping traff...
- US underwater drone seized in Strait of Hormuz, claim Iran's Revolutionary GuardsIran's Revolutionary Guards have claimed to capture an American submarine drone, Remus 600 autonomous underwater vehicle, in Strait of Horm...
- Jaishankar-Lavrov meet: Annual summit; BRICS Parliamentary Forum on agendaEAM S Jaishankar and Sergey Lavrov met in New York during the UN General Assembly's High-Level Week. They talked about Russian-Indian coope...
- US Iran war: Oman calls for self-restraint, dialogue in Mideast conflictOmani Foreign Minister Badr Albusaidi called for self-restraint from all parties involved in the Middle East war. He emphasized that Oman i...
- At UNGA, India launches maritime safety group to protect ships and seafarersIndia and Liberia have joined forces to establish a 'Group of Friends' dedicated to improving the safety of shipping and seafarers. This ti...
- Shipping traffic via Strait of Hormuz stays lower than 10-day average, data showsOn Wednesday, ten commodity vessels traversed the Strait of Hormuz, slightly increasing from the previous day's count. This number remains ...
- Gulf nations have found ways to keep oil flowing through the Iran war, but the costs are mountingIran's closure of the Strait of Hormuz initially raised concerns about soaring oil prices impacting the global economy. However, Gulf produ...
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