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OIL LOADINGS RESUME
Bulk buyers shifting to retail pumps behind fuel demand spike in parts of IndiaFuel demand is rising at some Indian petrol pumps. Bulk diesel buyers are switching to retail outlets due to a large price gap. This is cau...
India to prioritise releasing stranded vessels in Hormuz, may resume tanker loading when conditions improve, says officialIndia is ensuring the safe passage of its ships near the Strait of Hormuz. Tensions in the region are impacting global shipping. Authoritie...
Global Market Today: Oil slips, Asian stocks rise on Iran optimismOil prices have fallen and Asian stock markets have risen. President Donald Trump has paused military strikes, sparking hopes for a deal to...
Trump returns from China with little progress on reopening HormuzIran says passage through the Strait of Hormuz will return to normal once security is restored. US President Donald Trump seeks to reopen t...
Iran juggles oil cuts and storage strain to resist US blockadeTightened US naval restrictions in the Strait of Hormuz have sharply reduced Iran’s oil exports, forcing the country to cut production as s...
Pakistan residents store cooking gas in plastic balloons amid fuel shortageKarachi residents are resorting to storing gas in plastic balloons due to prolonged load-shedding and low pressure. This practice, particul...
UAE, Saudi Arabia bypass Hormuz to boost crude supplies to IndiaIndia’s crude imports fell as West Asia disruptions hit supplies, with average intake dropping to 4.4 million barrels per day in April 1–26...
India’s Russian oil imports cool 20% in April after March spikeIndia’s imports of Russian crude fell 20% month-on-month in April to 1.57 million barrels per day, cooling after a March surge driven by fl...
Iran says it won't accept 'maximalist demands' as Islamabad hosts peace pushIran presented its core demands and concerns in Pakistan, seeking an end to the ongoing conflict. The United States is pushing for Iran to ...
Oil prices end volatile session mixed but up sharply for the week on supply worriesOil prices experienced significant volatility, ultimately closing higher for the week despite early gains being relinquished. Traders are c...
Oil rises on concerns over escalating military tensions in the Middle EastOil prices surged Friday amid escalating Middle East tensions. Iran's release of footage showing commandos boarding a cargo ship in the Str...
Iran seizes vessel in Strait of Hormuz, defying US naval superiorityUS-Iran war news: Tehran showcased its power over the Strait of Hormuz with a video of commandos boarding a cargo ship. This comes after pe...
Rupee bogged down in worst losing streak in 3 months as oil pain persistsThe Indian rupee fell for the fourth consecutive session on Thursday, its longest losing streak since mid-January, as stalled peace talks b...
Iran war: US intercepts three Iranian oil tankers in Asian waters, sources sayUS forces have intercepted at least three Iranian oil tankers in Asian waters. These vessels were near India, Malaysia, and Sri Lanka. The ...
Overheating Hormuz with constant on-offThe revival of energy trade depends critically on the consistent flow of tankers navigating the Hormuz Strait. It may take up to three mont...
West Asia War: Some tankers cross Strait of Hormuz before shots fired, ship-tracking data showsWest Asia War: The Strait of Hormuz reopened briefly after a 50-day blockade. Several tankers passed through before Iran reimposed restrict...
India gets first Iranian oil in 7 years, ship tracking data showsIndian ports have received two large crude carriers loaded with Iranian oil. This marks the first purchase from Iran in seven years, enable...