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PERSIAN GULF REGION
Hormuz in focus for India as US-Iran talks kick off in SwitzerlandHigh-level peace talks between the US and Iran have commenced in Switzerland, led by Vice President JD Vance and Parliament Speaker Mohamma...
Aluminum’s war shock blunted by dark transits and Chinese supplyThe Iran war triggered one of the biggest shocks to the global aluminum market, raising fears of widespread smelter shutdowns and prices su...
At the gates of Hormuz, 80 million barrels of oil are on standbyLarge volumes of crude oil are waiting in the Persian Gulf and are ready to move through the Strait of Hormuz if shipping activity resumes ...
Indian refiners sitting on enough crude, in no rush to resume purchases from West AsiaIndia's state-run refiners have secured enough crude for two months. They are not rushing to buy from the Middle East even if the Strait of...
Vance leaves shippers in the dark on potential Iran Hormuz tollsUS officials emphasize keeping the waterway open and believe regional neighbors will oppose tolls.
Oil Price Today (June 19): Crude oil falls, heads for 9% weekly loss as shipping in Hormuz Strait begins. What are experts saying?Brent crude slipped toward $79 a barrel and is down more than 9% for the week. West Texas Intermediate for August was trading near $76 a ba...
What's in Trump's deal for Tehran? The 14-point US-Iran pact as read by American officialThe U.S. and Iran have signed an interim agreement to halt hostilities and open the Strait of Hormuz, with a 60-day negotiation period to f...
Hormuz reopening seen unleashing pent-up Gulf grain demandThe region relies heavily on imported food. A rush of grain is expected to reach these nations.
Oil tankers u-turn, head back to Middle East as Hormuz reopening nearsIn a strategic pivot, two oil tankers are heading toward the Middle East in expectation of the Strait of Hormuz’s reopening. Shipowners are...
From Oman to Tanzania: How the Iran war is redrawing India’s trade mapIndia's trade is changing due to West Asia conflict. Oman is now a major import partner, especially for energy. Russia and the US are also ...
Strait path laid for crude prices to travel downwardIndian refinery executives anticipate oil prices falling below $80 per barrel within weeks if a US-Iran agreement is signed Friday, reopeni...
A diminished United States of AmericaA deal to end the Persian Gulf war is nearing. Iran has strengthened its position and will set terms. The agreement will lift blockades and...
Supply recovery, not demand, will be oil market's key test: Vandana HariGlobal crude oil prices have fallen significantly from wartime highs, but market expert Vandana Hari cautions against declaring victory. Sh...
"Influential actor": Finnish President lauds India's global role during talks with EAM JaishankarFinnish President Alexander Stubb met with India's External Affairs Minister S. Jaishankar. They discussed global conflicts and the upcomin...
Hormuz oil traffic rebounds as Gulf exporters find workarounds: ReportOil shipments through the Strait of Hormuz are increasing for non-Iranian producers. This surge occurs despite ongoing tensions between Was...
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...
Iran says Gulf nations have 'responsibility' to halt US, Israeli strikesIran's foreign ministry warned Wednesday that its neighbours in the Gulf had a "legal and moral responsibility" to prevent American and Isr...