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Iran seeks long-term role in managing Strait of Hormuz, eyes billions in annual feesIran is proposing new charges for security and services in the Strait of Hormuz, aiming to generate significant revenue and reshape its man...- Oil falls to pre-war levels on rising Middle East supplyOil prices have dropped to pre-Iran war levels as increased Middle Eastern supply overshadows demand worries. Flows through the Strait of H...
- Reopening of Strait of Hormuz to lower tail risk, but supply normalisation to be costly: S&PS&P Global Ratings suggests reopening the Strait of Hormuz eases immediate risks for Asia Pacific, but expects uneven and costly supply nor...
- China state refiners considering resuming Iran oil imports, sources sayChina's major state-owned refiners, Sinopec and PetroChina, are exploring a return to purchasing Iranian oil after a U.S. waiver, marking a...
- Trump says Iran pledges 'no tolls, no charges' on Hormuz transitUS President Trump stated Iran has assured the US it won't impose tolls on ships in the Strait of Hormuz, countering media claims. He also ...
- India's GIC Re plans to reduce share of overseas property risk as climate losses riseIndian reinsurer GIC Re is strategically shifting its overseas business focus. Amidst escalating climate-related losses globally, the compa...
- Iran-U. S war ends but Strait of Hormuz disruptions could continue for months ahead. Here's whyStrait of Hormuz continues to remain the bone of the contention in Iran-U.S. deal and middle-east gulf countries' geo-politics. The questio...
- Iran makes 'major concessions', agrees to long-term nuclear inspections, claims TrumpUS President Donald Trump announced that Iran has agreed to the highest level of nuclear inspections indefinitely, ensuring "nuclear honest...
- The Strait of Hormuz's future is unsettled even as more ships venture throughShip traffic is slowly resuming in the Strait of Hormuz following an interim deal between Iran and the U.S., but lingering questions about ...
- Oil may stay above pre-conflict levels; OMCs and gas stocks could see further upside: Probal SenGeopolitical easing may cool crude oil prices, but a return to pre-conflict levels remains unlikely soon. Experts suggest shipping disrupti...
- Indian refiners increase Russian and UAE oil imports ahead of Hormuz recoveryIndia's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...
- Iran floats ‘Insurance Fees’ and asserts control over HormuzThis development raises concerns for the shipping sector about safe navigation. Iran's new requirements and possible insurance charges coul...
- Iran says it will waive fees for Hormuz during 60 day negotiation periodIran has announced a 60-day waiver on fees for ships transiting the Strait of Hormuz, following a memorandum of understanding with the Unit...
- Oil tankers u-turn, head back to Middle East as Hormuz reopening nearsIn a strategic pivot, two oil tankers are heading toward the Middle East in expectation of the Strait of Hormuz’s reopening. Shipowners are...
- Oil Price Today (June 17): Crude oil dips below $80, near 3-month low ahead of US-Iran agreement. Will liquid gold fall more?The interim agreement, expected to be signed on Friday, would grant Tehran significant economic incentives, including the immediate ability...
- Strait of Hormuz transit will take 'weeks' to resume, largest tanker operator tells FTShipping companies will delay passage through the Strait of Hormuz for several weeks. This delay will continue until a U.S.-Iran agreement ...
- What to know about the demining and escort mission that US allies want for the Strait of HormuzAllies are proposing a naval mission for the Strait of Hormuz. This mission aims to ensure safe passage for ships and insurers. It involves...
- France, UK seek Hormuz deployment if U.S.-Iran ceasefire takes holdFrance and Britain are proposing a multinational naval mission for the Strait of Hormuz. This plan aims to secure shipping routes should a ...
- Volatile crude prices, forex swings and poor rains pose challenge for India: FM SitharamanIndia's Finance Minister Nirmala Sitharaman highlighted significant economic challenges. These include fluctuating foreign exchange and cru...
- Nirmala Sitharaman flags global risks, says PM Modi Govt ensuring supply stability amid crude, Hormuz pressuresUnion Finance Minister Nirmala Sitharaman said India faces risks from crude prices, Middle East tensions and Strait of Hormuz disruptions, ...
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