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Oil keeps flowing through Hormuz despite Iran saying it’s shutDespite Iran's claims of closing the Strait of Hormuz, millions of barrels of oil continued to flow through the vital waterway over the wee...
Indian refiners increase Russian and UAE oil imports ahead of Hormuz recoveryIndia's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...
Ceasefire hopes between US and Iran drag oil prices lower: What lies ahead?The recent decline in oil prices is primarily driven by fading fears of supply disruptions. Earlier, markets had priced in worst-case scena...
The US is using an Iranian smuggling tactic to sneak oil out of the GulfThe US military is secretly guiding oil tankers through the Gulf of Oman. This operation uses drones and helicopters to facilitate ship-to-...
The U.S. is using an Iranian smuggling tactic to sneak oil out of the GulfAmerica's military is secretly guiding oil tankers in the Gulf of Oman. This operation uses drones and helicopters to help ships transfer o...
Straitjacket of Washington: Limits of US unilateralism are evident in consequences of its deal with IranUS actions are testing global limits. Iran deal, Indian sailor deaths, G7 summit divisions and tech export bans are among the top examples ...
Why crude oil markets suddenly reversed course today: US oil prices collapse below $87 after Trump cancels Iran strike plans, WTI crude drops 3%US oil prices collapsed below $87 as WTI crude dropped nearly 3% after President Trump canceled planned Iran strikes. The move reversed a w...
Bigger proportion of non-Iran ships crossing Hormuz strait: DataThe proportion of vessels not linked to Iranian ownership that are transiting the key Strait of Hormuz has risen, according to data from ma...
Can China's Xi rescue Trump from a bruising West Asia war?Donald Trump seeks a significant win from his upcoming China trip to bolster his reputation and aid midterm election prospects. The meeting...
Second Qatari LNG tanker heads through Hormuz to Pakistan as Iran war continues, data showsA second Qatari LNG tanker, Mihzem, is transiting the Strait of Hormuz to Pakistan under an Iran-approved deal, following the Al Kharaitiya...
Why are oil prices up today, and will Brent and US WTI crude futures rise sharply or fall again? Global oil market reacts to US-Iran tensions. Here's analysts insights and market outlookWhy are oil prices up today, and will Brent and US WTI crude futures rise sharply or fall again? Oil prices jumped after the United States ...
Indian seafarers safe in Hormuz attack on Liberian-flagged MV Barakah: OfficialReassuring news from the high seas: the five Indian crew members of the MV Barakah are safe following a confrontation with the Iranian Navy...
The Hormuz blockade: Why a fragile ceasefire may not lower global oil pricesBrent crude has surged to $125 per barrel due to escalating West Asia conflict and severe disruption at the Strait of Hormuz, a key global ...
UAE's OPEC exit: With cartel cracked, oil spills over geopoliticsIn a dramatic turn of events, the United Arab Emirates has officially exited OPEC, signaling a significant transformation within the global...
Convoy of tankers is seen crossing Strait of Hormuz, vessel tracking data showsA convoy of eight tankers is crossing the Strait of Hormuz. Ship owners hope Tehran will allow them to leave the Gulf during a short ceasef...
Hormuz at near standstill as Iran warns ships to keep to its watersIran's Revolutionary Guard Corps is directing ships to a new route near Larak Island. This change has caused confusion for shipping firms. ...
2 LPG tankers sail through Strait of Hormuz, 16 still strandedTwo Indian LPG tankers have successfully navigated the Strait of Hormuz. These vessels are now en route to Indian ports. This development b...
How many ships have been attacked in the Gulf since start of Iran war?Vessels in the Gulf face danger as Iran's Revolutionary Guards target ships. Attacks have disrupted vital trade routes through the Strait o...
How many ships have been attacked in the Gulf since start of Iran war?The tranquility of Gulf waters is being shattered as Iran escalates attacks on shipping traffic in the strategic Strait of Hormuz. Over the...
US sanctions Indian national, 2 India-based entities for transporting Iranian petroleumThe US has imposed sanctions on Jugwinder Singh Brar, an Indian national based in the UAE, and two India-based entities for their involveme...