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GULF ENERGY ROUTES
Trump's shadow fleet loophole: Easing US sanctions on oil tankers may not lower fuel costsIn an effort to address soaring shipping costs, the Trump administration is evaluating the possibility of easing restrictions on sanctioned...
Jaishankar says globalisation irreversible, calls for greater resilience amid rising global risksS Jaishankar, during his visit to the UAE, highlighted that globalisation is irreversible and must be approached with resilience. He mentio...
Attacks in Strait of Hormuz reach highest level since start of US Iran war, security data showsAt least ten vessels have been attacked in the Strait of Hormuz since Sunday amid ongoing conflict. Four vessels were struck on Tuesday whi...
Record oil tanker rates put pressure on Asian refiners, IEA saysAsian oil refiners are facing increased shipping costs that are significantly affecting their profit margins. The cost of transporting oil ...
Two ships hit by projectiles in Strait of Hormuz, maritime agency saysA tanker and a container ship were struck by projectiles of unknown origin in the Strait of Hormuz. This incident occurred while Iran has b...
Trump warns Houthis over attacks on Saudi Arabia, says he will ‘never forget’US President Donald Trump issued a warning to Yemen's Houthi rebels regarding their recent attacks on Saudi Arabia. He accused the rebels o...
The next Iran war could be bigger, wider and harder to containIran is actively preparing for potential military engagements that could provoke a major regional conflict. The escalation of Houthi attack...
Crude oil crisis in Hormuz: Much more than just price and quantityThe conflict in Iran has closed the Strait of Hormuz, severely impacting global oil shipments and market dynamics. While oil availability h...
Oil Price Today (October 13): Crude oil falls to $105 as traders assess Russian supply, Mideast attacks. What’s next?Brent crude futures fell 61 cents, or 1.05%, to $105 a barrel, while US West Texas Intermediate crude futures declined 92 cents, or 1.05%, ...
Oil ticks lower as Russia diesel supply prospects counter Gulf supply risksOil prices dipped following a prior rise, with Brent crude futures down by 61 cents per barrel. Traders weighed supply risks stemming from ...
4 dead from storm as Isaias brings threat of floods across the Southeast United StatesHurricane Isaias made landfall in Florida, causing significant damage to buildings and infrastructure in the region. In Alabama, at least t...
Brent commands a war premium as Middle East supply risks keep oil on edgeBrent crude is trading above $100 a barrel as geopolitical tensions and supply risks in the Middle East sustain its premium over WTI. For I...
Oil Price Today (October 9): Crude oil dips 1% to $103 as Trump rules out Iran attack before midterm elections. What are analysts saying?Brent crude fell 1% to $103, while West Tax Intermediate was down 0.75% to $90.5. In the previous session, Brent crude futures settled $4.0...
Attack risks rise for tankers as Iran vows to block more Hormuz routesTankers face growing risks of attacks and intimidation while navigating the Strait of Hormuz after Iran warned regional countries against o...
Strait of Hormuz, uranium and oil prices: The three issues now standing between Trump and an Iran war dealEfforts to resolve the US-Iran war are heavily influenced by Iran's nuclear program and shipping routes. The Strait of Hormuz plays a cruci...
EIA raises oil price forecasts as Iran war tightens global marketsThe EIA raised its oil price forecasts, citing tight global inventories, limited diesel supplies and ongoing Middle East supply risks. Bren...
From just-in-time to just-in-case: oil executives say world needs more export routesThe ongoing disruptions from the Iran conflict are reshaping energy supply chain strategies. TotalEnergies and BP are actively seeking alte...
US EIA lifts Brent forecast to $98 as Iran war tightens global suppliesThe US Energy Information Administration has revised its oil price forecasts for the coming years due to supply issues. Global benchmark Br...
US warns foreign financial institutions not to do business with IranOn October 5, 2026, the US Treasury issued a warning to foreign financial institutions regarding transactions with Iran. It stated that suc...
Oil slips as Middle East crude exports rise, G7 to release stocksOil prices have seen a decline as increased crude exports from the Middle East and stock releases from G7 nations boost supply levels. Bren...