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OIL SHIPPING LANES
Indian Navy recovers unexploded missile warhead from tanker off KochiThe Indian Navy executed a high-risk operation to retrieve an unexploded missile warhead from a crude oil tanker. The vessel, MT Olympic Li...- The world's oil piggy bank is being smashed open. What can go wrong?Global oil inventories are plummeting to multi-decade lows, exacerbated by Middle Eastern supply disruptions and the rapid depletion of str...
- What is the US Fifth Fleet, America’s backbone in the Middle East and why is it under Iran’s attack?Iran's IRGC claimed to have targeted the US Navy's Fifth Fleet headquarters in Bahrain amidst escalating tensions. This naval command, cruc...
- From trickle to torrent: Hormuz reopening may trigger a global oil floodThe reopening of the Strait of Hormuz could trigger a faster-than-expected recovery in global oil supplies. With tankers already positioned...
- US forces shoot down two Iranian attack drones in Strait of Hormuz amid fresh escalationUnited States forces have intercepted and destroyed two Iranian drones. These drones posed a threat to commercial shipping in the Strait of...
- The Iran war is pushing the global gas trade into the shadowsAs the Strait of Hormuz remains under Iranian control amid the ongoing West Asia conflict, Qatar has quietly resumed some LNG exports by ad...
- Dollar steadies as markets await signals on Iran war, central banksThe U.S. dollar held steady as markets awaited Middle East peace talks and signals on central bank rate hikes. Hopes for a U.S.-Iran deal t...
- USD rate today: Check U.S Dollar against Euro, Yen, SterlingU.S. nonfarm payrolls data due on June 5 are expected to show an unemployment rate of 4.3 per cent and an increase of 85,000 jobs.
- Oil prices rise more than 2% as Israel steps up incursion into LebanonOil prices surged over 2% as intensified fighting between Israel and Hezbollah in Lebanon overshadowed hopes for a ceasefire extension with...
- Iran says no deal with US unless its rights securedIran's chief negotiator says Tehran will not agree to any deal with the United States unless Iranian rights are fully secured. Reports sugg...
- Europe's green jet fuels see upside in Iran warEurope is looking at synthetic jet fuel to reduce reliance on foreign oil. The Iran war has made this cleaner fuel more attractive. While p...
- Trump seeks tougher terms in Iran peace deal, sends proposal back for review: ReportPresident Donald Trump is reportedly seeking to alter a proposal aimed at ending the Middle East war. His proposed changes are said to toug...
- India steers boat through a risky channel between war clouds and El NinoIndia faces a challenging global economic outlook for 2026-27. Geopolitical tensions and volatile oil prices are key concerns. However, Ind...
- US forces to withdraw from Iran's vicinity, lift naval blockade, says state media citing draft dealFor India and other major energy importers, any agreement leading to normalisation in Hormuz traffic could ease concerns over supply disrup...
- White House calls Iran's draft deal report a 'complete fabrication' as both sides inch toward Hormuz frameworkThe White House has strongly refuted claims by Iranian state television regarding a draft ceasefire deal with the US. Iranian media had rep...
- 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...
- Japan's Nikkei jumps past 65,000 mark for first time on Iran talks optimismJapan's Nikkei share average reached a historic milestone, surpassing 65,000 for the first time. Optimism surrounding a potential peace dea...
- Britain's navy prepares to clear mines in the Strait of Hormuz while waiting for a peace dealBritish sailors are on standby aboard RFA Lyme Bay for a mine-clearing mission in the Strait of Hormuz. This operation awaits a peace agree...
- White House invite to PM Modi has flouted protocol, says Ex DiplomatFormer Diplomat Veena Sikri highlights protocol concerns regarding an invitation for Prime Minister Modi. She notes renewed US interest in ...
- India-UAE energy agreement: This Emirati strategy has powerIndia and the UAE have signed a significant energy agreement. This deal allows the UAE to store crude oil in India's reserves. It also expl...
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