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UAE TANKER ATTACK STRAIT OF HORMUZ
2 UAE tankers attacked while transiting Strait of HormuzThe United Arab Emirates accused Iran of conducting drone strikes on two oil tankers navigating the strategic Strait of Hormuz. Meanwhile, ...
UAE points finger at Iran as two ADNOC ships attacked in Strait of HormuzTwo Abu Dhabi National Oil Company vessels faced attacks in the Strait of Hormuz. The United Arab Emirates accused Iran of carrying out the...
Iran-backed Houthi rebels clash with Yemeni government forces and other Mideast developmentsYemeni rebels and government forces engaged in renewed clashes, raising fears of a wider civil war. Houthi rebels attacked government areas...
Oil Price Today (August 12): Crude oil reclaims $90 again after fresh attacks on ships. What are experts saying?Brent crude futures were up 72 cents, or 0.81%, at $89.63, while US West Texas Intermediate (WTI) crude gained 71 cents, or 0.85%, to $83.9...
Strait of Hormuz shipping traffic slumps to six vessels as US-Iran peace hopes fadeShipping traffic through the Strait of Hormuz has significantly decreased recently. This decline coincides with fading hopes for a peace de...
Oil Price Today (August 11): Crude oil rises to $88 after Trump's compensation demand dents Hormuz opening. Here's whyBrent crude futures were flat at $88 a barrel or 0.35%, while US West Texas Intermediate crude futures stood at $83.50, up 0.40% a barrel. ...
Oil Price Today (August 10): Crude oil rises to $85 amid Hormuz worries as attacks continue. What are experts saying?Oil prices climbed Monday as Strait of Hormuz reopening remained uncertain. Iran stated a deal with Oman was nearing completion for new shi...
Iran Guards say won't reopen Hormuz without US meeting all Tehran's conditionsIran's Revolutionary Guards will not reopen the Strait of Hormuz until its conditions are met. These demands include compensation for war d...
Iran says Hormuz deal with Oman close, but strait reopening hinges on US concessionsIran and Oman are nearing a deal for a new shipping route through the Strait of Hormuz. This agreement is seen as vital for ending the ongo...
ADNOC confirms one of its vessels targeted by missile while sailing through Strait of HormuzAn ADNOC vessel faced a missile attack while sailing through the Strait of Hormuz. The incident occurred early Saturday morning, August 8, ...
How the Iran-backed Houthis' claims of deadly attacks are stoking fears of a wider regional conflictYemen's Houthi rebels claimed responsibility for deadly attacks this week. These actions escalated the conflict and raised regional concern...
Reliance Industries books supertanker at record $23-25 million freight to lift Iraqi crudeReliance Industries paid a record sum to charter a supertanker for Iraqi crude oil. This reflects a limited vessel pool and soaring voyage ...
Brent crude tops $80 per barrel as Hormuz talks, tanker attacks keep supply risks highOil prices climbed as investors tracked Iran-Oman shipping talks and fresh attacks on Saudi oil tankers, raising supply concerns. Brent top...
Oil Price Today (August 6): Crude oil dips below $80 on hopes Iran-Oman deal could end Iran war. What are experts saying?Oil prices experienced a minor decline on Thursday amid advancing negotiations. Market watchers are closely monitoring the prospective US-I...
US-Iran war: Shipping traffic at key Gulf waterways little changed on uncertain peace talksGulf waterway traffic held steady as United States and Iran talks progressed ambiguously. Bab el-Mandeb strait saw unchanged vessel crossin...
Saudi oil tanker heads to India as Red Sea, Hormuz traffic slows amid attacksUS Iran war: A Saudi crude tanker carrying 2 million barrels is headed to Sikka port where Reliance Industries receives most of his cride o...
Oil tumbles as Trump cancels attack on Iran to reach nuclear dealOil prices dropped significantly on Monday after President Trump paused new Iran attacks. He seeks a swift agreement to halt Tehran's nucle...