Military-grade jet fuel cargoes from US show scale of Iran war impactUnusual US fuel shipments to Asia reveal global oil supply chain disruptions. Military-grade jet fuel and diesel are sailing from Washingto...
25 Apr, 2026, 09.40 AM IST
Iran menaces Hormuz as its own oil tankers test US blockadeIranian gunboats attacked commercial ships in the Strait of Hormuz. Two Iranian oil supertankers are testing a US blockade in the Arabian S...
22 Apr, 2026, 09.00 PM IST
Iran war: What is the Strait of Hormuz and why is it so important for world trade?Strait of Hormuz: The strait lies between Oman and Iran and links the Gulf north of it with the Gulf of Oman to the south and the Arabian S...
28 Feb, 2026, 04.44 PM IST
China's Russian oil imports to hit new record in February as India cuts backChina's Russian oil imports are set to reach a new record high in February, surpassing January's figures. Independent refiners are increasi...
16 Feb, 2026, 03.22 PM IST
India’s retreat from Russian oil sends China’s Urals imports to a nearly three-year highChina’s appetite for Russian Urals crude is surging, reaching its peak since June 2023. This uptick follows India's substantial drop in Rus...
19 Jan, 2026, 01.27 PM IST
China state oil majors suspend Russian oil buys due to sanctions, sources sayIn a significant shift, leading oil corporations in China have ceased their maritime purchases of Russian crude, responding to recent US sa...
23 Oct, 2025, 06.56 PM IST
India's diesel shipments to Europe surge 137% in AugustIndia's diesel exports to Europe witnessed a significant surge in August, climbing 137% year-on-year to 242,000 barrels per day. This incre...
04 Sep, 2025, 11.16 PM IST
Russia’s disrupted oil trade crimps margins for Indian refinersIndia's state-run refiners are facing challenges as Russian oil becomes more expensive and less accessible due to higher freight rates and ...
22 Feb, 2024, 12.28 PM IST
India's Russian oil buy is now more than Saudi, UAE, Iraq and US combinedThe rise in Russian share came at the cost of traditional suppliers in the Middle East. Shipments from Saudi Arabia slipped to 560,000 tonn...
04 Jun, 2023, 11.28 AM IST
China’s reopening puts the wind in GE Shipping’s sailsAccording to Vortexa, a global water-borne oil and gas flow data and analytics company, 1.2 billion barrels of crude oil were on the water ...
24 Mar, 2023, 06.32 AM IST
Russia becomes the No. 1 oil supplier for India in OctoberCompared to September, overall crude import went up 5% in October and that from Russia rose 8%, according to Vortexa, an energy intelligenc...
02 Nov, 2022, 05.30 AM IST
Russia to flood Asia with fuel as Europe ramps up sanctionsAsia and the Middle East have already been taking a greater share of Russian exports since the war broke out, according to data from S&P Gl...
20 Sep, 2022, 03.15 PM IST
Taiwan turmoil prompts detours, delays for global shippingShipping companies are assessing their options after China’s response to the visit of the highest-ranking US official to the island in 25 y...
04 Aug, 2022, 02.16 PM IST
China quietly increases purchases of low-priced Russian oilThe move by the world's biggest oil importer comes a month after it initially cut back on Russian supplies, for fear of appearing to openly...
20 May, 2022, 01.10 PM IST
Major oil trading firms stow diesel, jet fuel on supertankers as demand rebound eyedTrafigura, Glencore and Vitol are holding about 1.5 million tonnes of the industrial and aviation fuel on at least seven Very Large Crude C...
21 Apr, 2021, 01.13 PM IST
Tugs work to free giant container ship stranded in Suez CanalTracking maps had shown the ship grounded in the southernmost stretch of the waterway, between the Great Bitter Lake and the Red Sea port o...
25 Mar, 2021, 09.33 AM IST
China, India soak up oil from floating storage as demand recoversA total of 3.4 million tonnes (24.8 million barrels) of crude oil was discharged from floating storage into Asian markets in the past seven...
28 May, 2020, 06.49 PM IST