India is carefully studying Trump's announcement and its implications for the country's energy purchases from Moscow, sources added. While ...

On Monday, oil prices dipped as the prospect of increased Russian supplies emerged following a ceasefire announcement linked to a new diese...

The Ministry of External Affairs condemned drone attacks on two commercial vessels in the Strait of Hormuz. MT Petro Dolphin and MT Valther...

A drone attack occurred on the tanker MT Petro Dolphin, resulting in two Indian seafarers missing. Nine other crew members were rescued and...

In a recent statement, Mohsen Rezaei, Iran's security chief, asserted that the US has fallen short in addressing Tehran's seven proposed co...

Traders are still worried that fresh fighting could damage oil facilities and disrupt supplies. Saudi Arabia’s East-West pipeline is one ex...

A US military fighter jet disabled the Panama-flagged M/V Ocean Molica after it violated a naval blockade. This action occurred in the Gulf...

The warring parties agreed to a memorandum of understanding in June, outlining a framework for a permanent resolution to the conflict. Howe...

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...

Saudi Arabia and the United Arab Emirates are joining Japan's efforts to strengthen oil supply security in Southeast Asia. This collaborati...

Conflicts in West Asia and the Persian Gulf have led to the deaths of 11 Indian seafarers. The Indian government successfully repatriated 4...

Oil prices climbed on Thursday, with Brent crude surpassing $102 a barrel as Middle East tensions and attacks on Gulf shipments heightened ...

Rising oil prices are driven by persistent supply concerns from the Middle East. This month has seen a surge in attacks on shipping in the ...

Iran's Revolutionary Guards have announced intentions to close illegal transit routes in the Strait of Hormuz. These routes allegedly facil...

Attacks on tankers in the Strait of Hormuz reached unprecedented levels during the week of September 28 to October 5. There were at least 1...

Oil tanker captains are currently receiving extraordinarily high salaries due to increased risks while transiting through the Strait of Hor...

A Panama-flagged commercial vessel named MT On Peace was hit by a projectile in the Strait of Hormuz. The attack occurred while the vessel ...