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Oil Price Today (June 10): Crude oil rises to $92 as Iran attacks US airbases in Jordan, Kuwait. What’s next?Oil prices rebounded approximately 1% on Wednesday, recovering from a seven-week low. Fresh Iranian responses to U.S. military strikes, inc...- US carriers spent $6. 5B on fuel in April; global profit forecast is cut nearly in halfAirlines are facing a fuel price shock. U.S. carriers spent over six billion dollars on jet fuel in April, a significant jump from last yea...
- Why are oil prices up today, and will Brent and US WTI crude futures continue to rise or fall again? Oil edges higher as investors watch Iran-Israel developmentsWhy are oil prices up today, and will Brent and US WTI crude futures continue to rise or fall again? Oil prices moved slightly higher as tr...
- 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...
- Yemen's Houthis declare ban on Israeli shipping in Red SeaYemen's Iran-backed Houthi rebels announced a missile attack on Israel on Monday and declared a ban on Israeli shipping in the Red Sea, rai...
- Oil market likely to return to oversupply after Hormuz reopens: Fitch RatingsGlobal oil markets are set to see a surplus once the Strait of Hormuz reopens. Fitch Ratings predicts this despite current price hikes. The...
- 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...
- Collapse is near: Trump's window to resolve Iran crisis closing fastWest Asia tensions are escalating, impacting global markets. Iranian attacks and US strikes near the Strait of Hormuz are disrupting oil su...
- No Santa for exporters this Christmas: Iran war disrupts supply chains, stretches transit times to 60 days, threatens marginsIndian exporters say longer shipping routes, rising input costs, and delayed payment cycles are squeezing margins and putting pressure on d...
- 'I don't care if negotiations with Iran are over': Trump dismisses Hormuz oil concernsUS President Donald Trump stated he is unconcerned if talks with Iran end. He also shrugged off worries about oil prices even if Tehran blo...
- Iran suspends indirect US contacts, threatens wider pressure on key shipping routesIran has halted communication with the US through mediators. This action follows attacks on Lebanon. Iran and its allies plan to block the ...
- Consumer goods companies chart new manufacturing and sourcing course as West Asia crisis hits supply chainIndian consumer goods firms like Dabur, Britannia, Tata Consumer Products, and Emami are rerouting manufacturing and sourcing away from Wes...
- Cruise ship linked to deadly hantavirus outbreak cleared to sail after disinfectionA cruise ship, the Hondius, has been cleared to resume sailing after a deadly hantavirus outbreak. The vessel underwent thorough cleaning a...
- 'Hellfire' over Iran? US aircraft disables merchant vessel trying to reach Iranian portUS forces disabled a merchant vessel attempting to reach an Iranian port after it ignored over 20 warnings, highlighting a strict maritime ...
- Pakistan prevents cargo ship from sailing out after it collides with another vessel outside Karachi portA cargo ship is being held in Karachi, Pakistan after a collision at sea. The vessel, MV Nevi, collided with MV Papu on May 28. Karachi Por...
- 196 days, 23 ports, 7 countries: How this ship tried to sneak in Rs 1,150 cr cocaine using ‘unusually long route’ before being caught at Gujarat portA massive drug haul near Mundra port has exposed a major maritime trafficking operation. Gujarat ATS and Indian Coast Guard intercepted the...
- French AI firm Mistral announces deals with BMW, AirbusFrench AI company Mistral is forging new alliances with automotive giant BMW and aerospace leader Airbus. These collaborations aim to expan...
- Indian Navy deploys helicopter, boarding team after piracy alertINS Kolkata, an Indian Navy destroyer, responded to suspicious activity near the merchant vessel MV Mashallah 1. The warship launched a hel...
- INS Kolkata thwarts suspected piracy attack near merchant vessel MV Mashallah 1Indian Naval Ship INS Kolkata successfully thwarted a piracy attempt near merchant vessel MV Mashallah 1. The warship responded swiftly to ...
- India says 10 sailors, detained in 2025, released by IranTen Indian sailors have been released from Iran. They were detained on an oil tanker in July 2025. India's shipping authorities confirmed t...
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