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GULF CRUDE
Less Gulf, more Russia: RIL diversifies crude sourcing amid market turmoil due to Iran warReliance Industries increased crude oil sourcing from Russia and Latin America. This strategic move reduced dependence on Arabian Gulf crud...- Iran-linked tankers U-turn, zig-zag as US enforces blockadeUS sanctions on Iranian shipping have been reimposed, impacting tanker movements. Several Iran-linked tankers changed course in the Gulf of...
- China's oil imports have plunged during the Iran war. How much will they recover?China's oil imports have significantly decreased since April. This reduction has kept global prices stable and freed up supply. Analysts ar...
- Oil Price Today (July 17): Crude oil jumps 12% this week as Hormuz, Red Sea closure risks loom. What are experts saying?Brent crude futures gained $1.05, or about 1.25%, to $85.28 a barrel while U.S. West Texas Intermediate (WTI) crude futures rose $1.03, or ...
- A 'Trump put' for oil? Indian refiners aren't worried about an immediate supply crunchIndian refiners expect stable oil supplies despite renewed West Asia conflict. They believe US President Trump will open alternative routes...
- Oil is crude once again! Is $95 the new normal and what it means for Indian investors?Crude oil prices are rising again due to escalating Middle East tensions. This surge impacts India's import costs and government finances s...
- Ship traffic through Strait of Hormuz drops after U.S. blockadeFewer vessels traversed the Strait of Hormuz on Wednesday after the US reimposed its naval blockade. Shipping data indicated a decrease in ...
- Petrol, diesel prices today, July 16: Check latest fuel rates in Delhi, Mumbai, Bengaluru, Kolkata amid tax hikePetrol, Diesel price today, 24 July 2026: Check the latest city-wise petrol and diesel rates in Delhi, Mumbai, Chennai, Kolkata and other m...
- Handful of vessels crossing Hormuz as US blockade takes effectA few ships passed through the Strait of Hormuz on Wednesday. This occurred hours after the United States resumed its naval blockade of Ira...
- Iran-linked vessels pass through Hormuz ahead of US blockadeVessels transited the Strait of Hormuz linked to Iranian trade before a US blockade took effect. Nine of eleven vessels passed through the ...
- India can find alternative sources for crude, but LPG at risk: ExecutivesIndustry executives said India should be able to source alternative crude and LNG supplies, albeit at higher prices. LPG supplies, however,...
- US-Iran war: Oil flow through Hormuz rises after ceasefire, but fresh strikes spark fears, IEA saysIran war news: Oil flows through the Strait of Hormuz recovered sharply after a ceasefire. Renewed hostilities this week have revived uncer...
- Could oil prices spike further? Inside the fragile US-Iran stance in the GulfGeopolitical tensions in the Middle East have escalated after attacks on commercial vessels. Iran's objective appears to be expanding its s...
- 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...
- Fresh US-Iran clash clouds IEA oil outlook despite June supply lift from Hormuz reopeningGlobal oil supply rebounded in June after a ceasefire allowed Strait of Hormuz transit. However, renewed hostilities between the United Sta...
- LNG tankers return to Strait of Hormuz despite renewed Middle East tensionsLiquefied natural gas tankers have resumed transiting the Strait of Hormuz recently. Twenty-two Japan-linked vessels exited the Gulf since ...
- 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...
- 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...
- Global Market: Asian refiners turn to cheaper Gulf oil despite Saudi price cutsSaudi Arabia significantly reduced crude oil prices for Asian buyers this month. Rival Gulf producers are offering better value and deeper ...
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