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OIL BLOCKADE
Oil Price Today (October 22): Crude oil above $112 as energy infra attacks heighten supply fears. More tension ahead?Brent crude traded 3% higher at $112.38 a barrel, while US West Texas Intermediate (WTI) crude was trading more than $100 a barrel. Brent h...
Oil rises as US orders diplomats to leave Saudi Arabia amid escalating tensionsOil prices rose as Houthi attacks in Saudi Arabia increased tensions and led to US diplomatic withdrawals. Brent crude futures gained $1.29...
Iran asks US to prove it wants peace by lifting blockade"Iran is prepared to give diplomacy another chance if we see strong evidence of a sincere desire on the part of the US to achieve a just an...
US Iran war: Ship attacked near Strait of Hormuz, as per maritime agencyA ship was struck on Wednesday by "an unknown projectile" off the coast of Oman, near the Strait of Hormuz, sparking a fire, a British mari...
Shivakumar urges PM to address cane growers’ demands as agitation delays crushing seasonChief Minister DK Shivakumar has appealed to PM Modi regarding the struggles of sugarcane farmers. Protests have intensified in North Karna...
Oil tanker on fire after hitting mine in Hormuz: Iran's GuardsAn oil tanker struck a mine south of the Strait of Hormuz, resulting in significant damage after the explosion. The tanker was reportedly n...
Iran keeps Strait of Hormuz reopening offer on table, says path depends on USIran's Foreign Minister Abbas Araqchi confirmed that an offer to reopen the Strait of Hormuz is still valid. This proposal involves several...
Iran ships some LPG, jet fuel despite US blockade, data showsIran has managed to export limited liquefied petroleum gas and jet fuel despite ongoing US naval blockades. The Iranian methodology involve...
Mohammed bin Salman faces most consequential test yet as Saudi Arabia comes under Houthi fireMohammed bin Salman is currently grappling with increasing Houthi attacks that threaten Saudi infrastructure and international stability. T...
Oil Price Today (October 16): Crude oil dips to $105 as Trump mulls easing restrictions on sanction-facing nations. What’s next?Brent crude futures fell 41 cents, or 0.39%, to $105.51 a barrel, while US West Texas Intermediate crude futures declined 54 cents, or 0.55...
Oil edges down as investors weigh possible US sanctions on 'shadow fleet'Following recent geopolitical tensions and fluctuating investor sentiment, oil prices have seen a downward trend. Brent crude futures suffe...
Oil prices fall as investors weigh supply outlook, Middle East tensionsOil prices experienced a downturn as investors weigh the repercussions of shipping assaults in the Strait of Hormuz, particularly from Hout...
Residents in Saudi Arabia's capital say they have heard new explosions in RiyadhNew explosions in Riyadh have raised security concerns among residents and prompted Saudi Arabia to intercept Houthi missiles. Recent air r...
Going to do number on Iran: US President Donald Trump says he has "had it" with themDonald Trump delivered a warning to Iran during a campaign rally in Alaska, stating that strong actions may be taken. He emphasised that pr...
Crude oil crisis in Hormuz: Much more than just price and quantityThe conflict in Iran has closed the Strait of Hormuz, severely impacting global oil shipments and market dynamics. While oil availability h...
US military says it disabled cargo vessel trying to run Iran blockadeA US military fighter jet disabled the Panama-flagged M/V Ocean Molica after it violated a naval blockade. This action occurred in the Gulf...
Trump rules out Iran strike till 2026 US midterms, vows Tehran will never have a nuclear weaponThe United States has confirmed it will not engage in military actions against Iran before the upcoming midterm elections. A naval blockade...