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IRAN WAR OIL IMPACT
India's July crude oil imports rise over 9% month-on-monthIndia crude imports: On an annual basis, crude oil imports were up 13%, from 18.89 million tons in July last year, data from the Petroleu...
Iran says it controls Hormuz, but the ships tell a different storyShipping data indicates most vessels now use the Omani route through the Strait of Hormuz. This route is a UN-authorized channel which Iran...
Trump posts map showing Strait of Hormuz as US territoryUS President Donald Trump on Tuesday posted a map on his Truth Social platform showing the Strait of Hormuz as "NEW U.S. Territory," pressi...
Trump says no talks with Iran, naval blockade remains in forceUnited States President Donald Trump stated no talks are happening with Iran. He affirmed the naval blockade remains fully in effect and op...
US to announce steps to help refiners produce more fuel, energy chief Wright saysUS Energy Secretary Chris Wright announced steps to increase refinery fuel output soon. High gasoline prices are a concern for President Do...
Oil climbs as fading US-Iran peace hopes raise supply risksOil prices climbed as Middle East war peace talks stalled significantly. Iran announced a shift to a fully offensive military posture. The ...
Iran threatens to go on offensive in Strait of Hormuz if diplomacy with US failsIran will adopt an offensive military stance as peace negotiations with the United States have stalled. The memorandum of understanding sig...
The 60-day deadline for an Iran peace deal is expiring. Here's where things standAs the deadline for a resolution on the US-Iran nuclear deal has passed without any advancements, both countries remain firmly entrenched i...
Strait of Hormuz shipping slows sharply after tanker attacksShipping through the Strait of Hormuz slowed significantly over the weekend. This decline followed attacks on tankers and stalled United St...
Iran fires back at Trump's threat to declare Hormuz a U.S. territoryIran asserts control over the Strait of Hormuz, rejecting US President Donald Trump's claims. Trump stated he would declare the strait US t...
Hormuz ship attacks mount as US vows to cripple Iran economyThe Strait of Hormuz has seen an uptick in ship attacks, causing grave concerns as peace negotiations remain stagnant. Recently, two vessel...
Iran defiant on strait as Trump tells Americans to accept high gas pricesIran has rejected US claims of control over the Strait of Hormuz and demanded Washington accept its conditions before shipping resumes. The...
Iranian President Masoud Pezeshkian set to visit India for BRICS summit amid Hormuz tensionsIn September, Iranian President Masoud Pezeshkian will be in Delhi for the 18th BRICS summit, a visit set against the backdrop of heightene...
Hormuz traffic slows further after US threatens more economic pressure on IranTransit through the Strait of Hormuz has nearly stopped after two ships were attacked. The United States stated it can maintain a naval blo...
US warns Iran it will step up economic pressure; two more ships attacked in HormuzShip traffic in the Strait of Hormuz slowed significantly after two vessels were attacked. The United States stated it can maintain a naval...
US to unleash ‘economic isolation’ on Iran next week as Trump pressure campaign intensifiesThe United States plans to intensify economic pressure on Iran next week, with Treasury Secretary Scott Bessent warning of measures unprece...
US says more oil is leaving Middle East. Is it really?US Energy Secretary Chris Wright claims nearly nine million barrels daily leave the Strait of Hormuz. Vessel tracking services, however, re...
Trump says US has 'total control' over Strait of Hormuz, calls naval blockade a 'wall of steel'US President Donald Trump has once again claimed "total control" over the Strait of Hormuz in a Truth Social post, calling the American nav...
Global oil supply shortfall to deepen as Hormuz reopening remains elusive, IEA saysGlobal oil supply will fall by 4.3 million barrels daily this year. Renewed Middle East hostilities are disrupting supplies and deepening t...
Euro zone bond yields rise as oil climbs on Hormuz doubtsBond yields in the Euro zone saw an uptick as oil prices surged, triggered by U.S. President Donald Trump's stance on Iran. The chances for...