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India-crewed tanker hit near Iran, MEA says communication between ship & US Navy preceded strikeThe US military fired on a tanker carrying 24 Indian crew members. This happened as the US enforces a blockade of Iranian ports. India's Mi...
India's May fuel consumption up 2.4%; LPG demand drops 20% amid Hormuz disruptionsIndia's fuel consumption rose to 19.93 million metric tons in May, a slight increase from April but a 6.5% drop year-on-year. Liquefied pet...
Why are oil prices up today, and will Brent and US WTI crude futures continue to rise or fall again? Oil edges higher as investors watch Iran-Israel developmentsWhy are oil prices up today, and will Brent and US WTI crude futures continue to rise or fall again? Oil prices moved slightly higher as tr...
US confirms military action on vessel that violated Iran port blockadeUnited States forces disabled an oil tanker in the Gulf of Oman. The vessel, M/T Marivex, violated a blockade of Iran's ports. US military ...
US, Iran appear far from peace deal 100 days since war beganTensions rise as US and Iran struggle for an interim deal. Fresh attacks test a fragile ceasefire. Frozen Iranian assets and the Lebanon co...
Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...
US strikes Iranian sites after Iran launches drones, in latest Gulf flare-upU.S. forces struck Iranian coastal radar sites after shooting down four Iranian drones targeting maritime traffic near the Strait of Hormuz...
US military says it shot down Iranian drones launched toward Strait of HormuzThe US military shot down four Iranian drones near the Strait of Hormuz and struck coastal radar sites in response, escalating tensions. Th...
Strait of Hormuz boils again: Iranian drones launched toward global oil corridor shot down, says U.S militaryIran war: U.S. Central Command said it hit the radar sites, including an island in the Strait of Hormuz, “to defend against further attacks...
Iran says it fired warning missiles and drones at US warships in Gulf of OmanIran's navy reported firing warning missiles and drones at U.S. warships in the Gulf of Oman, accusing the U.S. Navy of harassment. This fo...
More oil escapes Hormuz, keeping traders guessingIran war: Tankers are using stealth to exit the Strait of Hormuz, freeing oil trapped in the Gulf. The practice of ships going dark is wide...
Iran war: Hostilities flare again, talks at a stalemateWith the Gulf region witnessing a surge in missile and drone strikes aimed at Kuwait, diplomatic efforts between Iran and the U.S. hit road...
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...
Iran's IRGC says 28 ships passed through Strait of Hormuz in the last 24 hoursIran's IRGC reports 28 ships transited the Strait of Hormuz under its security. The IRGC states the Persian Gulf's insecurity stems from US...
Russia-Ukraine conflict: AFU keeps up assault on Russian oil infrastructure as Kyiv braces for more strikesUkrainian drones struck Russian oil facilities overnight. Fires broke out at an oil depot in Taganrog, in the Rostov gion and another in Ar...
US imposes fresh sanctions on Iran's military oil sales, Treasury saysAmerica has imposed new sanctions on Iran's military oil trade. This comes as a tentative agreement is reached to extend a ceasefire and li...
Drones hit three 'shadow fleet' oil tankers off Turkiye's Black Sea coastThree oil tankers were attacked by drones off Turkey's Black Sea coast. The ships are part of a 'shadow fleet' exporting Russian oil and ev...
Merchant ships desert Strait of Hormuz amid renewed US strikesCommercial shipping traffic through the Strait of Hormuz nearly came to a halt on Thursday as fears of renewed military escalation between ...
Iran targets US airbase after Washington’s strikes near Hormuz, warns ‘aggressor’ of harsher responseIran's Revolutionary Guards announced they struck a U.S. airbase early Thursday, claiming it followed a U.S. attack near Bandar Abbas. The ...
US warns ties with Iran’s Strait of Hormuz authority may bring sanctions for 'anyone' involvedAmerica has issued a stern warning to global shipping and finance firms. Cooperation with Iran's new Persian Gulf Strait Authority could in...