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CARGO MOVEMENT IN STRAIT OF HORMUZ
India's exports to West Asia region evened out in June: Commerce SecretaryIndia's exports to West Asia grew 7.29 percent to USD 5 billion in June. Shipments to the UAE increased while those to Saudi Arabia saw a d...
Passage through Strait of Hormuz 'unfeasible' after US actions, says Persian Gulf Strait Authority; halts transit permitsPassage through the Strait of Hormuz is now unfeasible, according to the Persian Gulf Strait Authority. Recent U.S. military actions have p...
Ships pass through Strait of Hormuz in secret as US and Iran trade strikesFollowing renewed US-Iran fighting, observable ship traffic in the Strait of Hormuz has halted, replaced by vessels making secret "dark cro...
Iran tensions risk fertilizer flow to South American farmersThe flow of fertilizer ships entering the Persian Gulf has slowed to a trickle since late June as tensions began to rise again with a spate...
Oil Price Today (July 13): Crude oil up almost 5%, nears $80 as US, Iran unleash more strikes. $100 in sight?Brent crude futures advanced $3.34, or 4.38%, to $79.5 a barrel, while U.S. West Texas Intermediate (WTI) crude gained $3.07, or 4.30%, to ...
Strait of Hormuz remains open despite Iran's closure declaration, maritime group saysThe vital shipping lane through the Strait of Hormuz remained operational, defying Iran's earlier announcements of a closure. While commerc...
Oil tanker traffic through Hormuz at near standstill as attacks strain Iran truceOil tanker traffic through the Strait of Hormuz has nearly stopped. U.S. airstrikes on Iran triggered retaliation, escalating shipping risk...
India’s wartime buying spree leaves behind a cooking gas surplusIndia's fuel retailers now have excess cooking gas supplies. They had booked extra cargoes anticipating supply disruptions in the Persian G...
Persian Gulf tanker backlog clears, but fresh Iran attacks cloud shipping outlookA large backlog of oil tankers in the Persian Gulf has nearly cleared. This occurred after a ceasefire was signed between Iran and the Unit...
Trump says Iran war may not return & oil has little to fearUS President Trump stated he does not anticipate renewed conflict with Iran. He warned that any future attacks would face a much stronger r...
Indian-flagged crude tanker turns back from Strait of Hormuz after vessel attacks: ReportSeveral oil and gas tankers have turned back from the Strait of Hormuz. This action follows renewed attacks on vessels in the critical wate...
Crude oil prices jump 6%, hit two-week high after Trump says Iran peace deal is ‘over’. What are experts saying?Crude oil prices rose sharply on Wednesday to a two-week high after Donald Trump declared the Iran peace agreement "over", reviving fears o...
Strait of Hormuz closed again? Check latest status as Donald Trump declares US-Iran war ceasefire collapsedIran war news update: Strait of Hormuz The strategic shipping route remains a flashpoint in the conflict, which began in late February with...
Oil Price Today (July 8): Crude oil flares up over 5% as ‘powerful’ US strikes on Iran revive supply fears. What’s unfolding?Brent crude futures climbed $1.62, or 2.16%, to $76 a barrel, while U.S. West Texas Intermediate crude gained $1.63, or 2.31%, to $72 a bar...
IndiGo, HPCL, other oil sensitive stocks plunge up to 5% as US strikes on Iran lift crude pricesOil-sensitive Indian stocks tumbled significantly after US airstrikes on Iran. Crude oil prices climbed as sanctions on Iranian sales were ...
One attack, one warning: The world's energy lifeline is still vulnerableAn attack on a Qatari LNG carrier in the Strait of Hormuz has raised concerns. This incident suggests ongoing threats to commercial shippin...
Oil Price Today (July 2): Crude oil at $70, falls for 2nd session as US-Iran talks progress. Worst over?Brent crude futures fell 80 cents, or 1.09%, to $70.80 a barrel, while U.S. West Texas Intermediate crude declined 90 cents, or 1.28%, to $...