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...
17 Jun, 2026, 10.29 AM IST
Alang shipbreaking yard, world's largest, faces worst-ever crisis as vessel arrivals hit record lowAlang, India's largest shipbreaking yard, is experiencing its worst downturn. Geopolitical tensions and extended ship lifespans have led to...
14 Jun, 2026, 05.30 AM IST
Shipowners on edge for news on Hormuz as ‘dark’ oil flows swellShipowners are closely monitoring a potential US-Iran peace deal and its implications for the Strait of Hormuz. While some express caution,...
13 Jun, 2026, 05.26 PM IST
Fitch sees global oil markets returning to oversupply after Hormuz reopensGlobal oil markets are set to return to oversupply soon. Fitch Ratings reports the Strait of Hormuz closure is a temporary supply shock. Pr...
09 Jun, 2026, 01.48 AM IST
Defence ministry expects 24 Tejas Mk1A jets to be ready by end of yearDefence ministry sources have said that the production and readiness schedule for the LCA Mark1A is expected to reach around 18 to 24 aircr...
08 Jun, 2026, 08.37 PM IST
Shipping Ministry confirms attack on vessel carrying 24 Indian seafarers south of the Strait of HormuzA fire erupted on the oil tanker MT Marivex, located south of the Strait of Hormuz, with all 24 Indian seafarers aboard reported safe. Indi...
08 Jun, 2026, 05.45 PM IST
More oil escapes Hormuz, keeping traders guessingIran war: Tankers are using stealth to exit the Strait of Hormuz, freeing oil trapped in the Gulf. The practice of ships going dark is wide...
04 Jun, 2026, 11.55 AM IST
Hormuz gauntlet runner says Trump has been good for shippingDynacom Tankers Management founder George Procopiou stated that US President Donald Trump's policies have benefited the shipping industry.
02 Jun, 2026, 10.47 AM IST
'Sit back and relax': Can Trump afford to go back to war with Iran?US President Trump's cautious optimism regarding Iran negotiations has been shattered as Tehran suspends talks, citing Israeli actions in L...
01 Jun, 2026, 09.39 PM IST
West Asia War: US-Iran draft 60 day-truce extension, all eyes on Trump nod, says US official; Tehran denies claimsA fragile ceasefire between the United States and Iran is reportedly extended for 60 days. Formal talks on Tehran's nuclear program are set...
28 May, 2026, 11.59 PM IST
A scorching Asian summer will add to risk of surging gas pricesGlobal gas markets are on edge as the Strait of Hormuz remains largely closed. Traders are watching China and weather forecasts closely. Ho...
26 May, 2026, 07.24 AM IST
Government assures 78 days of oil amid MPs' concernsConcerns over fuel, shipping, and fertilizer supplies dominated a Parliamentary panel meeting. Officials assured adequate fuel reserves and...
25 May, 2026, 11.54 PM IST
Parliamentary panel members grill Oil ministry officials over 'shortage' of petrol, LPGParliamentary panel members questioned Oil Ministry officials about petrol and diesel shortages. Officials confirmed crude oil stocks for 7...
25 May, 2026, 08.43 PM IST
Cyprus pitches itself as base for Indian firms expanding in Europe, announces Mumbai trade hubOn September 1, 2026, Cyprus will establish a trade office in Mumbai, aiming to open new pathways for Indian entrepreneurs into European ma...
21 May, 2026, 12.37 PM IST
Iran reviews latest US response as Trump suggests he can waitIran war: Trump has indicated he is ready to wait for the right answers from Tehran. He also warned of renewed attacks if an agreement is n...
21 May, 2026, 09.57 AM IST
India may negotiate Iran-backed oil corridors as Hormuz recovery looks distant: Moody’sIndia and other nations will seek energy supplies through direct talks. A full return to pre-conflict shipping levels through the Strait of...
17 May, 2026, 01.29 PM IST
A tiny oil lifeline reopens through tense Hormuz after months of chokeholdMore oil tankers are navigating the Strait of Hormuz. This offers some relief to the global oil market. Several ships carrying crude oil ha...
14 May, 2026, 09.15 PM IST