British military says cargo ship reports being under attack in the Red Sea off the coast of YemenA cargo ship faced an attack Sunday off Yemen's coast in the Red Sea, near Hodeida. Unknown assailants targeted the vessel, prompting an in...
05 Jul, 2026, 03.46 PM IST
June: 10 mbpd, May: 3 mbpd: Gulf oil exports up, but 40% below pre-war levelGulf oil exports surged past 10 million barrels daily in June, a significant jump from May, thanks to US military efforts securing the Stra...
04 Jul, 2026, 12.31 AM IST
Iran's unsold oil piles up at sea as buyers stay waryIran is struggling to sell its growing oil stockpile at sea as a US deadline looms, potentially costing Tehran vital revenue and weakening ...
02 Jul, 2026, 10.00 AM IST
US-Iran talks end without breakthrough as Tehran's nuclear prowess stays off the tableIndirect talks between Iran and the US concluded without significant progress on lasting peace, focusing instead on resolved issues like ma...
02 Jul, 2026, 06.25 AM IST
Govt approval mandatory for Adani stake transfer in Vizhinjam port: Kerala CMKerala Chief Minister V.D. Satheesan stated that Adani Ports requires state government approval to transfer its shares in the Vizhinjam Int...
01 Jul, 2026, 01.56 PM IST
US de-lists four Indian companies from Russia-linked sanctionsIn a significant development, the United States has removed four Indian firms from its sanctions list. These companies, previously accused ...
01 Jul, 2026, 12.49 PM IST
Adani Ports says MSC’s terminal arm TiL will invest $1.4 billion for 49% stake in Vizhinjam PortAdani Ports has partnered with MSC Group's TiL, which will invest $1.397 billion for a 49% stake in Vizhinjam Port. This significant foreig...
01 Jul, 2026, 08.34 AM IST
Adani Ports to sell 49% stake in Vizhinjam port to MSC's TiL for $1.4 billionAdani Ports and Special Economic Zone will sell a 49% stake in Adani Vizhinjam Port to MSC Group's Terminal Investment Ltd. for $1.397 bill...
30 Jun, 2026, 10.43 AM IST
Maersk boosts outlook on stronger-than-expected container demandGlobal shipping giant Maersk expects the container market to remain strong throughout 2024, with container volumes now projected to grow by...
30 Jun, 2026, 10.20 AM IST
US-Iran war: UKMTO says ship hit by projectile within Strait of HormuzUS-Iran war news: A tanker in the Strait of Hormuz reported being struck by an "unidentified projectile," according to the UKMTO. This inci...
27 Jun, 2026, 10.44 PM IST
Oil prices dive as more tankers move through Strait of HormuzCrude oil prices experienced a significant drop, heading for steep weekly losses as tanker traffic through the Strait of Hormuz increased, ...
27 Jun, 2026, 09.24 AM IST
US strikes Iran following attack on cargo ship in Strait of HormuzUS forces struck Iranian missile and drone sites following an attack on a cargo ship in the Strait of Hormuz, jeopardising a recent interim...
27 Jun, 2026, 06.08 AM IST
'Foolish violation of ceasefire agreement': Trump says Iran launched drones at ships in HormuzUS President Donald Trump has accused Iran of breaching a ceasefire, alleging the nation launched four attack drones towards commercial shi...
26 Jun, 2026, 09.37 PM IST
Hormuz traffic eases, ships continue using disputed Oman routeDespite a projectile striking a vessel, ships are continuing to use a non-Iranian-approved passage through the Strait of Hormuz. Traffic le...
26 Jun, 2026, 09.09 PM IST
Saudi Aramco resumes oil loading at Ras Tanura after four-month halt, data showsSaudi Aramco has restarted oil loading at its Ras Tanura terminal after a four-month pause, with two massive crude carriers seen taking on ...
26 Jun, 2026, 11.19 AM IST
India-bound oil supertanker booked in Gulf at 897% of benchmark freight rateA supertanker has been provisionally booked to ship oil from the Persian Gulf to India at a staggering rate, nearly nine times the benchmar...
24 Jun, 2026, 12.29 PM IST
No bids made in Indian Oil tender for ships to carry Gulf cargoes, say sourcesIndian Oil Corporation has failed to secure any bids for chartering vessels to transport crude oil and LPG from the Strait of Hormuz. Ship ...
23 Jun, 2026, 11.50 AM IST