Indian refiners widen oil search as attacks hurt Russian flowsIndian refiners are reducing Russian crude imports amid Ukrainian attacks on supply routes. They are now seeking alternative oil supplies f...
26 Aug, 2026, 11.36 AM IST
US to broaden secondary sanctions to isolate Iran on 'economic D-Day'The United States is set to launch a significant financial offensive against Iran. This move aims to pressure countries to sever economic t...
25 Aug, 2026, 02.11 PM IST
Asian buyers snap up US crude, adding stress to tight marketAsian refiners are set to nearly double purchases of US crude for September as Middle Eastern oil prices surge amid the Iran war and Strait...
25 Aug, 2026, 09.16 AM IST
$20 million: The cost of shipping oil through Strait of Hormuz, TotalEnergies CEO saysShipping oil cargoes via the Strait of Hormuz costs approximately twenty million dollars. This significant freight expense creates wide mar...
24 Aug, 2026, 09.11 PM IST
'We took the head off the snake': US to enter 'new phase' in Iran war very soon, says US House Speaker Mike JohnsonUS House Speaker Mike Johnson expects a new phase in the Iran conflict soon. He believes allied nations will provide crucial support during...
24 Aug, 2026, 10.09 AM IST
Fewer than 20 ships cross Strait of Hormuz over weekend as US-Iran blockades choke key oil routeFewer than twenty commodity vessels transited the Strait of Hormuz over the weekend. Initial data showed four vessels crossed on Sunday and...
24 Aug, 2026, 08.43 AM IST
The Hormuz crude volume debate masks the real shortage of refined fuelsThe oil market is focused on disputed estimates of crude flows through the Strait of Hormuz, but Asia’s refined fuel markets show clearer s...
24 Aug, 2026, 07.29 AM IST
India clears ₹7,000 crore LPG pipeline expansion across 6 statesIndia's oil regulator has approved nearly 1,800 km of new LPG pipelines. This expansion will significantly boost the country's fuel supply ...
22 Aug, 2026, 01.49 PM IST
Rust, power cuts and delays: Inside Venezuela’s oil export crisisVenezuela's oil exports face significant delays due to ageing port infrastructure. Tankers wait up to thirty days for loading, slowing oper...
21 Aug, 2026, 05.25 PM IST
Russia to receive almost 270,000 tons of refined fuel from Asia in August, data showsRussia is importing nearly 270,000 tons of refined fuels from Asia this August. These shipments are occurring via ship-to-ship transfers to...
19 Aug, 2026, 03.22 PM IST
Iran war: Hormuz crossings rise slightly from weekend, remain in single digits, data showsShip crossings via the Strait of Hormuz were low on Monday. Six commodity ships transited the strait, a slight increase from the weekend. N...
18 Aug, 2026, 08.38 AM IST
Russia receives Indian gasoline cargo as fuel shortages biteAt least one 68,000-tonne cargo of gasoline from India has entered Russia’s domestic market as Moscow responds to fuel shortages caused by ...
17 Aug, 2026, 09.27 PM IST
Strait of Hormuz shipping slows sharply after tanker attacksShipping through the Strait of Hormuz slowed significantly over the weekend. This decline followed attacks on tankers and stalled United St...
17 Aug, 2026, 06.06 AM IST
India's Petronet says no clarity on September LNG supplies from QatarPetronet LNG of India faces challenges in securing a reliable Qatari natural gas supply for September due to Qatar's force majeure announce...
13 Aug, 2026, 06.07 PM IST
Oman says oil spill from grounded tanker has reached its coastlineCrude oil from a grounded tanker has reached Omani mainland beaches. The sanctioned vessel, Caroline Bezengi, is leaking nearly one million...
13 Aug, 2026, 10.11 AM IST
Russia’s petrol crunch sends Moscow shopping for Indian fuelRussia has imported petrol from India for the first time as Ukrainian attacks on its refineries deepen domestic fuel shortages. Kpler data ...
12 Aug, 2026, 09.54 AM IST
Strait of Hormuz shipping traffic slumps to six vessels as US-Iran peace hopes fadeShipping traffic through the Strait of Hormuz has significantly decreased recently. This decline coincides with fading hopes for a peace de...
11 Aug, 2026, 10.20 AM IST