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OIL SHIPPING ROUTES
Hormuz, Red Sea spark a 1,000% war-risk premium shockWar-risk insurance premiums have surged by as much as 1,000% as tensions across the Strait of Hormuz and the Red Sea disrupt shipping. Fres...- Oil Price Today (July 23): Crude oil crosses $95 as US strikes enter 12th day. Why Goldman says $120 is possible?Brent crude futures rose $1.93, or 2%, to $96 a barrel, their highest level since June 8. The benchmark had ended the previous session more...
- Oil prices rise to six-week high as US-Iran tensions escalateOil prices climbed to a six-week high on Thursday. This surge followed new United States strikes on Iran and Houthi attacks. Iran's Revolut...
- Trouble is brewing at Middle East's two key chokepointsShipping disruptions are emerging in key Middle East oil transit routes. Concerns are rising as vessels alter voyages due to security risks...
- Brent crude surges 4% to over $95 a barrel, nears 6-week high as conflict threatens key oil transit routesOil prices hit a six-week high on Wednesday, with Brent crude racing past ninety-five dollars a barrel. The growing tensions between the U....
- Rupee languishes at two-month lows as supply worries raise oil pricesThe Indian rupee hit a two-month low on Wednesday amid rising oil prices spurred by worries over Middle Eastern supply disruptions. In an e...
- After Hormuz, Gate of Tears may make the world cry. What about India?The Bab el-Mandeb Strait, a key shipping route connecting Red Sea and Gulf of Aden, faces growing risks of disruption after Yemen’s Houthi ...
- Saudi oil tankers bound for India, China reroute after Houthi warningTwo oil tankers carrying Saudi crude for India and China changed course. Houthi militia warned shipping companies against loading or unload...
- Indian Oil Corp cancels Iraq oil lifting amid Hormuz attacks, sources sayIndian Oil Corp cancelled lifting Iraqi oil from Basrah Oil Terminal. Increased risks and attacks in the Strait of Hormuz prompted this dec...
- Tanker crew abandons vessel after reported projectile strike in Strait of Hormuz, UKMTO saysA tanker in the Strait of Hormuz reported being struck by an unknown projectile. Its crew abandoned the vessel and boarded a lifeboat, acco...
- 4 Indians killed after cargo vessel attacked near Ukraine's Odesa port: MEAFour Indian crew members were killed and one was critically injured after the vessel MV Golden Leo was attacked while leaving Ukraine’s Ode...
- How a Houthi blockade in the Red Sea tightens Iran's grip on global energy suppliesYemen's Houthis declared a maritime blockade against Saudi Arabia on Monday. This action escalates regional conflict and impacts global ene...
- Russian attack on corn ship off Ukraine's Odesa kills 10A Russian missile strike killed ten people aboard a corn ship near Odesa. The Golden Leo vessel, flagged by Guinea-Bissau, caught fire afte...
- Why the Red Sea remains one of the world's most dangerous shipping routesRed Sea Shipping Route Explained: In a concerning development, Iran has alerted the world to possible disruptions in the Red Sea that threa...
- India is ready to play in Russia's long game on top of the worldIndia and Russia are enhancing cooperation on the Northern Sea Route project. This Arctic corridor offers India an alternative to the Suez ...
- Iran tells Houthis to close Red Sea gateway if US hits power network, sources sayIn a significant escalation, Iran has directed Houthi militias to get ready to obstruct the Red Sea oil passage should the United States ca...
- Some ships refusing US-military guided Hormuz transits after attacks, sources sayShipping firms are avoiding a U.S. military transit route through the Strait of Hormuz. This avoidance stems from recent Iranian attacks on...
- Handful of vessels crossing Hormuz as US blockade takes effectA few ships passed through the Strait of Hormuz on Wednesday. This occurred hours after the United States resumed its naval blockade of Ira...
- 'Region's oil and gas exports are either for everyone or for no one': IRGC warns after claiming strikes on US 5th fleet base in BahrainIran's IRGC warned of targeting oil routes for US allies after striking a naval base. The force claimed destruction of command centers and ...
- Trump's Strait of Hormuz Plan Explained: Can the US charge ships and what it means for IndiaStrait of Hormuz Explained: US President Donald Trump's proposal to impose a 20% charge on cargo passing through the Strait of Hormuz has s...
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