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STRAIT OF HORMUZ SHIPPING RISKS
Iranian fishermen searching for fish find floating iPhones, luxury perfumes in HormuzA cargo vessel’s sinking in the Strait of Hormuz has left questions over maritime safety after Iranian fishermen recovered goods from the s...
Tanker attacks in Strait of Hormuz & Romania: Govt confirms all 24 Indian seafarers are safeTanker attacks in Strait of Hormuz and Romania: All 24 Indian seafarers are safe after two tankers carrying Indian crew members were hit in...
Oil Price Today (October 15): Crude oil dips to $105 despite rising Middle East tensions. Here’s whyBrent crude futures declined $1.50, or 1.41%, to $104.55 a barrel, while US West Texas Intermediate (WTI) crude futures dropped $1.02, or 1...
Oil prices fall as investors weigh supply outlook, Middle East tensionsOil prices experienced a downturn as investors weigh the repercussions of shipping assaults in the Strait of Hormuz, particularly from Hout...
Attacks in Strait of Hormuz reach highest level since start of US Iran war, security data showsAt least ten vessels have been attacked in the Strait of Hormuz since Sunday amid ongoing conflict. Four vessels were struck on Tuesday whi...
Container ship sinks near Hormuz after being hit by projectile, sources sayThe Singapore-flagged GFS Pride container ship, with a small 2,824 TEU (20-ft equivalent unit) capacity, had sunk, the sources said. The ve...
Two ships hit by projectiles in Strait of Hormuz, maritime agency saysA tanker and a container ship were struck by projectiles of unknown origin in the Strait of Hormuz. This incident occurred while Iran has b...
Iran shifting tactics to step up attacks on shipping before US vote: OfficialsIran has begun using new offensive tactics against vessels in the Strait of Hormuz and nearby waters. This strategy aims to limit oil shipp...
Iran-US War to escalate before US midterm elections in November? Experts claim Tehran's new tactics to control Strait of HormuzIran-US War: US President Donald Trump has been weighing next steps against Iran, but has said he will not attack again before the vote. Th...
India-Iran NSAs hold conversation amid fresh incidents in Hormuz Strait; Saudi situationIndia and Iran's National Security Advisers exchanged views on regional tensions following Houthi attacks and maritime security concerns. T...
Crude oil crisis in Hormuz: Much more than just price and quantityThe conflict in Iran has closed the Strait of Hormuz, severely impacting global oil shipments and market dynamics. While oil availability h...
Two Indians missing, 9 rescued as drone attacks oil tanker off Oman coastA drone attack occurred on the tanker MT Petro Dolphin, resulting in two Indian seafarers missing. Nine other crew members were rescued and...
Oil is moving through the Strait of Hormuz again, why are gas prices still above $4.30?Traders are still worried that fresh fighting could damage oil facilities and disrupt supplies. Saudi Arabia’s East-West pipeline is one ex...
US military says it disabled cargo vessel trying to run Iran blockadeA US military fighter jet disabled the Panama-flagged M/V Ocean Molica after it violated a naval blockade. This action occurred in the Gulf...
Brent commands a war premium as Middle East supply risks keep oil on edgeBrent crude is trading above $100 a barrel as geopolitical tensions and supply risks in the Middle East sustain its premium over WTI. For I...
Oil Price Today (October 9): Crude oil dips 1% to $103 as Trump rules out Iran attack before midterm elections. What are analysts saying?Brent crude fell 1% to $103, while West Tax Intermediate was down 0.75% to $90.5. In the previous session, Brent crude futures settled $4.0...
Conflicts in West Asia and Persian Gulf claimed 11 Indian seafarers' lives: GovernmentConflicts in West Asia and the Persian Gulf have led to the deaths of 11 Indian seafarers. The Indian government successfully repatriated 4...
Oil rises as Middle East supply concerns persist amid shipping attacksRising oil prices are driven by persistent supply concerns from the Middle East. This month has seen a surge in attacks on shipping in the ...
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...
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...