At the gates of Hormuz, 80 million barrels of oil are on standbyLarge volumes of crude oil are waiting in the Persian Gulf and are ready to move through the Strait of Hormuz if shipping activity resumes ...
US fertilizer imports from Hormuz-affected ports fell to zero in May, data showThis disruption, stemming from the Iran conflict, has caused fertilizer prices to soar, intensifying strains on American farmers and raisin...
US deal gets oil flowing as Trump pushes 'complete ceasefire on all fronts'President Trump has signed a deal with Iran to end a war. This agreement has led to a complete ceasefire on all fronts. More than a dozen s...
Vance says 12.5 million barrels oil moved as Iran deal enters 60-day phaseOil flow through the Strait of Hormuz reached its highest level since late February. US Vice President JD Vance stated a US-Iran agreement ...
Post-deal, Indian Oil Corp issues first tenders to lift oil, LPG from Hormuz portsIndian Oil Corporation, India's top refiner, has issued tenders for ships. These vessels will transport liquefied petroleum gas and oil. Th...
'All US blockade enforcement efforts have ceased': Centcom lifts blockade on ships to, from Iranian portsBig news out of the Middle East! The US has officially lifted its blockade on ships going to and from Iranian ports. Central Command confir...
First signs of LNG traffic return emerge at Strait of Hormuz with a relief for PakistanAn LNG tanker loaded in Qatar is approaching the Strait of Hormuz, signalling a possible revival in traffic after a temporary US-Iran peace...
Storm Arthur tracker, path: Tropical storm hits Texas, flooding alert in Texas, Louisiana, Mississippi, Alabama, Georgia, Florida, 20,000 barrels of oil could be lost as Atlantic Hurricane Season 2026 beginsStorm Arthur updates: Flooding was likely through Friday over parts of Texas, Louisiana, Mississippi, Alabama, Georgia and the Florida Panh...
Rupee closes flat at 94.52 vs USD as oil-led rally faces off against dollar demand; Fed verdict loomsThe Indian rupee closed almost flat against the US dollar on Wednesday. Earlier gains were erased as corporate and importer demand for doll...
Fadnavis proposes creation of special rail freight corridor to link ports with Samruddhi ExpresswayMaharashtra plans a dedicated rail freight corridor. This corridor will connect major ports like JNPT and Vadhvan Port with the Samruddhi E...
Hormuz reopening seen unleashing pent-up Gulf grain demandThe region relies heavily on imported food. A rush of grain is expected to reach these nations.
Oil tankers u-turn, head back to Middle East as Hormuz reopening nearsIn a strategic pivot, two oil tankers are heading toward the Middle East in expectation of the Strait of Hormuz’s reopening. Shipowners are...
ET Graphics: What the US and Iran say in the memorandum to end Iran warThe US and Iran, with Pakistan as mediator, have announced a preliminary deal to end the war, with an immediate cessation of military opera...
All 20 Indian crew members of MT Jalveer safely return home: Indian missionTwenty Indian sailors from the vessel MT Jalveer have returned home safely. Their ship was attacked near Oman. This follows two other attac...
Ships are starting to move through Hormuz: TrumpUS President Donald Trump announced ships are now safely navigating the Strait of Hormuz, following a digital agreement to end a 107-day wa...
Hormuz halt forces Middle East trade into huge rewiringA year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of ...
Iran says draft US deal includes oil sanctions waiver, nuclear limits and asset releaseUS-Iran war: Tehran and the United States are in talks over a draft memorandum. This agreement could lead to the immediate reopening of the...