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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...
Trump's Iran agreement resets the mood ahead of a tense G7 gatheringTrump will attend the G7 summit in France after announcing a deal to end the U.S. and Israel's war with Iran. This agreement aims to reopen...
Shipowners seek clarity on Strait of Hormuz deal as 600 vessels eye exitShipowners and traders are cautiously awaiting details on a potential reopening of the Strait of Hormuz, a vital oil and gas route disrupte...
Fragile Iran deal offers oil relief, but Hormuz risks remainA deal between the U.S. and Iran will reopen the vital Strait of Hormuz, easing global energy supply concerns. However, unresolved disputes...
Strait of Hormuz reopening to ease oil supply risks for India as US-Iran reach truce dealA "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil...
Iran insists on nuclear enrichment and control over Strait of Hormuz under any deal with USIran insisted on Friday on its right to enrich uranium and maintain control over the Strait of Hormuz under any deal with the United States...
3 Indians missing after US strikes commercial vessel off Oman coast, New Delhi summons American diplomatThree Indian sailors are missing after a US military strike on the commercial vessel Settebello. The ship was attacked off Oman's coast. Tw...
Iran's IRGC says 28 ships passed through Strait of Hormuz in the last 24 hoursIran's IRGC reports 28 ships transited the Strait of Hormuz under its security. The IRGC states the Persian Gulf's insecurity stems from US...
Iran says it destroyed US MQ-1 drone after airspace incursion: ReportIran's Islamic Revolutionary Guard Corps (IRGC) claimed that its air defence units shot down a US MQ-1 drone after it allegedly entered Ira...
'Hellfire' over Iran? US aircraft disables merchant vessel trying to reach Iranian portUS forces disabled a merchant vessel attempting to reach an Iranian port after it ignored over 20 warnings, highlighting a strict maritime ...
$12 billion and Hormuz control: Iran's draft peace deal account clashes with Trump's versionIranian state media reported a proposed MOU with the US includes releasing $12 billion in frozen assets, a claim the White House previously...
Quarter of big oil tankers trapped by Iran war have escapedTwenty-nine of 109 vessels capable of hauling 700,000 barrels or more have crossed the Strait of Hormuz, with many switching off navigation...
A shadowy Oman-Iran plot provoked Trump’s “blow ’em up” threatUS President Donald Trump has sent a stark message to the Sultanate of Oman, warning of potential military repercussions should it move for...
Iran targets US airbase after Washington’s strikes near Hormuz, warns ‘aggressor’ of harsher responseIran's Revolutionary Guards announced they struck a U.S. airbase early Thursday, claiming it followed a U.S. attack near Bandar Abbas. The ...
Three oil, LNG tankers exit Hormuz with transponders offTwo supertankers and an LNG tanker, with transponders off, exited the Strait of Hormuz bound for India and China. These vessels, carrying c...
US forces to withdraw from Iran's vicinity, lift naval blockade, says state media citing draft dealFor India and other major energy importers, any agreement leading to normalisation in Hormuz traffic could ease concerns over supply disrup...
ADNOC LNG tanker heads to India as gas shipments resume through Strait of HormuzA liquefied natural gas tanker from Abu Dhabi has exited the Strait of Hormuz. This marks an increase in energy shipments through the cruci...