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BAN ON OIL TANKERS
Suez Canal sees oil tanker surge amid Strait of Hormuz disruptionEgypt's Suez Canal saw a significant rise in oil tanker traffic and revenue in April. This surge is linked to the closure of the Strait of ...
Sensex recovers 700 points from day’s low, Nifty rises above 23,450. 5 key factors behind market reboundIndian stock markets staged a strong comeback, with Sensex and Nifty recovering significantly from morning lows. Falling oil prices, a stre...
Why are oil and gas prices up today, and will Brent, US WTI crude futures, British and Dutch gas rates rise sharply or fall again? Full market explanation after Trump rejects Iran responseWhy are oil and gas prices up today, and will Brent, US WTI crude futures, British and Dutch gas rates rise sharply or fall again? Oil and ...
Iran war hands OPEC's swing producer crown to AmericaAmerica is now the world's energy superpower. The Iran war caused an oil crunch, but the U.S. is helping. It is increasing oil exports and ...
Trump says Iran war 'close to over'; army chief of mediator Pakistan arrives in TehranPresident Trump anticipates the war with Iran is nearing its end, with Pakistan's army chief arriving in Tehran to mediate further talks. D...
Iran amplifies LNG shortage by blocking passages through HormuzIran's apparent ban on liquefied natural gas carriers passing through the Strait of Hormuz is intensifying global shortages. Loaded LNG tan...
The Strait of Hormuz has a long history of disruptionNearly all traffic has halted due to attacks and threats, impacting oil supplies and prices. This waterway has been weaponized before, with...
Reliance seeks Russian oil after US gives India temporary waiverReliance Industries is looking to purchase Russian crude after the United States granted India a temporary license allowing such imports, a...
US forces seize massive oil tanker off the coast of Venezuela after Trump's orders - watch viral videoThe US seized a large Venezuelan oil tanker in a tense moment between the two countries. US officials said the ship was linked to sanctione...
Shortage of LPG cylinders likely in South Indian regions after tanker owners announce indefinite strikeLPG supply disruptions are possible in southern India as 4,000 LPG tanker trucks begin an indefinite strike from March 27. The strike follo...
India imports USD 2.8 billion worth of crude oil from Russia in JulyIndia purchased $2.8 billion worth of crude oil from Russia in July, making it the second-largest buyer after China. Russia became India's ...
Oil tankers, bulk carriers older than 25 years banned"There is a need to modernise the Indian fleet, which requires extensive review of the requirements of the registration and operation of th...
Russia sanctions spur buying frenzy for ice-breaking tankersThe EU will ban seaborne imports of Russian crude to member countries from Dec. 5 and restrict its companies from shipping, insuring and fi...
How the Ukraine conflict is reshaping global oil marketsThe reroutings mark the biggest supply-side shakeup of the global oil trade since the U.S. shale revolution altered the shape of the market...
India bars China ships from oil trade as ties strain furtherState-run oil companies have decided to stop chartering tankers owned or operated by Chinese companies even if the vessels are registered u...
Iran nuclear deal will ease crude flow to India: RefinersThe lifting of a European Union ban on insuring tankers carrying Iranian crude will ease the process of importing the Persian Gulf state's ...
- CBI arrests Indian Oil Corporation official in graft case
An Indian Oil Corporation official has been arrested in Ambala for allegedly accepting a bribe of Rs 6000 for giving green cards for oil ta...