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British military says a cargo ship was hit while moving through the Strait of HormuzIn a worrying development, a cargo ship on a UN-supported journey through the Strait of Hormuz was hit by a projectile, raising alarms as I...
Suez Canal sees oil tanker surge amid Strait of Hormuz disruptionEgypt's Suez Canal saw a significant rise in oil tanker traffic and revenue in April. This surge is linked to the closure of the Strait of ...
West Asia War: Hormuz strait will be open but with transit fees, Iran envoy to Moscow quotedIran and Oman will control passage through the Strait of Hormuz. New conditions, including transit fees, will be implemented. This follows ...
Dollar wobbles as markets cling to hopes for Middle East peace dealInvestor optimism for a deal to reopen the Strait of Hormuz is boosting markets. Hopes of peace have lowered oil prices and eased pressure ...
For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
US military says it seizes another oil tanker associated with IranUS forces seized another tanker linked to Iranian oil smuggling in the Indian Ocean, escalating tensions after Iran captured two vessels in...
So what is the real oil price right now?The Iran crisis highlights the complex reality of oil pricing, differentiating between physical and financial markets. While financial mark...
Asia relying on US crude to replace Middle East supplyAsian fuel makers are turning to US crude oil. This shift is driven by disruptions in Middle Eastern supply. Countries like Japan and South...
Iran war: Strait of Hormuz traffic barely affected on first day of US blockade, data showsUS-Iran war news: Traffic through the Strait of Hormuz remained limited on the first full day of a U.S. blockade of Iranian ports, despite ...
Strait of Hormuz still closed, and what is IRGC Navy's message for vessels in Persian Gulf and Oman Sea? Latest shipping warning and tanker halt explainedStrait of Hormuz still closed, and what is IRGC Navy's message for vessels in Persian Gulf and Oman Sea? Shipping alerts report that vessel...
Is Strait of Hormuz open now, and will it be free or $2 million transit fee be charged per ship? Strait of Hormuz recent shipping activity, ceasefire termsIs Strait of Hormuz open now, and will it be free or $2 million transit fee be charged per ship? Vessel movement has resumed after a ceasef...
Strait of Hormuz blockage: Key facts, figures, and impact on global oil and LNG tradeHere are key facts and figures about the blockage of the Strait of Hormuz, a crucial shipping route virtually paralysed by the Middle East ...
No permission required to sail through Strait of Hormuz, says govt officialIndian vessels are sailing through the Strait of Hormuz without needing permission. A government official confirmed this freedom of navigat...
Middle East war halts Strait of Hormuz traffic, 20,000 seafarers strandedThe Strait of Hormuz, a vital global shipping lane, is severely disrupted by the ongoing Middle East war. This vital waterway, crucial for ...
Hormuz chokehold leaves over 1.7 million tonnes of India’s oil, LNG and LPG cargo strandedIn the heart of the Persian Gulf, twenty-two Indian vessels laden with essential oil and gas remain stranded. With millions of tonnes of cr...
Black Sea shipping insurance rates rise after Ukraine attacks tankers, sources sayShipping costs in the Black Sea have risen following Ukrainian drone attacks on two tankers bound for a Russian port. War risk insurance pr...
Turkey tanker spat escalates with millions of barrels stuckLate last month, Turkey insisted on proof that oil-carrying ships are insured after European Union sanctions on Russia came into effect.
Russian oil logistics in chaos with weeks until sanctions biteA vast shadow fleet of tankers with unknown owners is being amassed to service Moscow’s interests. Intense US-led diplomatic wrangling to s...
IOC to transport fuel to Tripura via BangladeshIndian Oil Corporation (IOC) will soon conduct a trial run for transporting fuel to Tripura through Bangladesh, an official said on Tuesday.
'In future, we hope to liquefy gas onboard our ships also'Even though there are many on-shore gas terminals in various stages of development, , MD of Exmar Shipmanagement NV feels confident of his ...