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COMMERCIAL ACTIVITIES IN THE PERSIAN GULF
Seven Indian-flagged ships operating as per schedule in Persian GulfSeven Indian flagged vessels are operating safely in the Persian Gulf as per schedule. These ships are not carrying oil, gas, or fertilizer...
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...
Missile alert sirens in Bahrain amid US-Iran standoff over Strait of HormuzUnited States forces launched strikes into Monday morning after an Iranian attack. Iran retaliated by targeting countries across the Middle...
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 ...
'Iran does not control the strait': Trump, US military say Hormuz is open, 'traffic is flowing'Iran war news: US military and President Trump said the Strait of Hormuz remains open. Iranian claims of closing the vital shipping route a...
'Era of one-sided deals over': Iran Parl speaker Ghalibaf warns US after trade of strikes in Strait of HormuzIran's Parliament Speaker declared one-sided deals are over after US strikes. US forces conducted extensive strikes targeting Iranian milit...
Goldman says Hormuz flare-up may delay recovery in oil suppliesRenewed tensions between Washington and Tehran have impacted global energy markets significantly. Ship traffic through the strait has nearl...
Oil Price Today (July 10): Crude oil up 6% this week as US and Iran continue attacks. Where are prices headed?Even with Friday's decline, both crude benchmarks were set to end the week higher. Brent was on course to gain about 6%, while WTI was pois...
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...
Iran summons UK ambassador over stabbing allegation: state mediaIran summoned the British ambassador to protest accusations after a London court jailed two individuals. The court convicted the individual...
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...
Oil Price Today (July 9): Crude oil nears $80, up for 3rd day as US launches fresh strikes on Iran. Hormuz supply in jeopardy?Brent crude futures gained 78 cents, or 1%, to $78.8 a barrel while U.S. West Texas Intermediate (WTI) crude futures rose 74 cents, or 1.01...
India monitoring Strait of Hormuz following recent ship attacksIndia closely monitors West Asia maritime tensions following recent ship attacks. No Indian-flagged vessels were among those recently attac...
UN maritime head demands 'restraint' as 6,000 Gulf seafarers strandedNearly six thousand seafarers remain stranded in the Persian Gulf due to recent attacks. The International Maritime Organization head urged...
India seeks safe Hormuz passage for nine ships as truce faltersIn a strategic move, India is engaging Iran in talks to guarantee the safety of nine tankers loaded with crude oil and liquefied petroleum ...
Three tankers hit in latest attacks in Strait of Hormuz, British military saysThe United Kingdom Maritime Trade Operations centre said a third ship was hit by a drone in the critical oil-shipping waterway, where two o...
Oil Price Today (July 7): Crude oil snaps 2-day fall as projectile hits tanker in Hormuz. Where are prices headed?Brent crude futures rose 28 cents, or 0.39%, to $72.29 a barrel, while U.S. West Texas Intermediate (WTI) crude gained 29 cents, or 0.26%, ...
One tycoon makes millions from 'dark' journeys on a dangerous oil route while others feared HormuzAmidst the Persian Gulf war, the UAE secretly navigated its oil exports through the Strait of Hormuz using 'dark' ship transits. Korean shi...
Iran rejects US-led Gulf security summit, says Hormuz is under its commandIran has sharply criticized a US-led security summit in Bahrain, asserting that the Strait of Hormuz falls under Tehran's command, not Amer...
Oil finds its way: Supertankers return to Persian GulfSupertankers are once again navigating the Strait of Hormuz, a crucial oil route, following a period of disruption due to recent Iran confl...