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OIL AND GAS BLOCKADE
Putin backs mediation efforts on Middle East war, tells Iran Moscow ready to help as US-Iran talks hit impasseRussian President Vladimir Putin told his Iranian counterpart Masoud Pezeshkian in a phone call that Moscow was ready to help efforts to me...- Global Market: Gulf oil flows rebound to 81% of pre-war levels in SeptemberGulf oil flows excluding Iran recovered to 81% of pre-war levels in September, supported by a sharp rebound in Saudi Arabian exports. Crude...
- Iran oil minister resigns, replaced by top executive amid US blockade on Tehran's exportsIranian Oil Minister Mohsen Paknejad has resigned, with National Iranian Oil Company chief Hamid Bovard appointed as acting minister. The r...
- Putin sees ‘very big potential’ in India ties, backs joint use of global trade corridorsVladimir Putin highlighted significant potential for economic collaboration with India, particularly in transport and shipping corridors. H...
- The US-Iran war is now squeezing two major shipping routes from Strait of Hormuz to the Red Sea — here’s why global trade could feel the impactThe ongoing US-Iran war is affecting vital maritime chokepoints, specifically the Strait of Hormuz and Bab el-Mandeb Strait. Shipping traff...
- Qatar-linked LNG traffic through Hormuz strait picks up despite conflictRecent transits of QatarEnergy-linked liquefied natural gas vessels through the Strait of Hormuz have increased. Kpler data indicates that ...
- From Hormuz to Saudi to US sanctions, world feels the oil heatThe war in West Asia has caused significant disruptions to global oil supplies and prices. Saudi Arabia faces challenges with pipeline clos...
- US underwater drone seized in Strait of Hormuz, claim Iran's Revolutionary GuardsIran's Revolutionary Guards have claimed to capture an American submarine drone, Remus 600 autonomous underwater vehicle, in Strait of Horm...
- 'Trump Strait': US President shares new map of Hormuz after rejecting Iran's 7-day ceasefire offerDonald Trump has dismissed Iran's offer to restore maritime passage through the Strait of Hormuz within a week. Iranian Foreign Minister Ab...
- Trump rejects Iran’s 7-day ceasefire proposal, expects bombing to resume after US midterms: ReportUS President Donald Trump has rejected Iran’s proposal for a seven-day ceasefire and told aides he expects US bombing of Iran to resume aft...
- Oil Price Today (September 25): Crude oil slips to $105 as truce hopes clash with Middle East attacks. What’s next?US and Iranian negotiators in New York are discussing a phased route out of the war that would see Tehran reopen the Strait of Hormuz and W...
- Oil prices fall as markets look to Iran truce, but remain wary of attacks on oil facilitiesOn Friday, oil prices took a small dip after a week marked by fluctuations. Brent crude prices lowered to $105.85 per barrel, while West Te...
- Saudi Arabia issues civil defence alerts for Mecca, Jeddah, Yanbu and Tabuk; flags 'potential danger'Saudi Arabia’s civil defence authorities on Thursday issued alerts warning of potential danger in Mecca, Jeddah, Yanbu and Tabuk, advising ...
- Shipping traffic via Strait of Hormuz stays lower than 10-day average, data showsOn Wednesday, ten commodity vessels traversed the Strait of Hormuz, slightly increasing from the previous day's count. This number remains ...
- Oil Price Today (September 24): Crude oil falls to $102 as Iran signals its openness to diplomacy. What are experts saying?Brent crude futures fell 94 cents, or 0.9%, to $102.13 a barrel, while West Texas Intermediate futures declined 59 cents, or 0.7%, to $91.5...
- Won't surrender, Iran's Pezeshkian tells UNGA; indirect talks bring hopeMasoud Pezeshkian, in his speech in New York, condemned what he called "signs of a bullying mentality" from the US and said that Iran would...
- Trump says Witkoff, Kushner met Iranian officials, shortly after warning he may 'annihilate' IranUS President Donald Trump met with Iranian officials while attending the UN General Assembly to address ongoing tensions. This engagement f...
- US wants to redraw Gulf’s energy map with a $5 billion bet beyond Hormuz: ReportThe United States proposed a $5 billion fund for Middle Eastern energy infrastructure. This initiative aims to reduce reliance on the Strai...
- Oil Price Today (September 17): Crude oil falls below $105 even as Middle East tensions simmer. Here’s whyCrude Oil Price Today : Brent crude futures fell $1.25, or 1.22%, to $104.62 a barrel, while U.S. West Texas Intermediate futures declined ...
- Iran suspends freight charge on foreign vessels carrying energy products to or from IranIran has temporarily halted a ten percent charge on freight fees for foreign ships. This suspension applies to oil, gas, and liquid petrole...
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