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PETROLEUM SHIPPING
After Hormuz, Gate of Tears may make the world cry. What about India?The Bab el-Mandeb Strait, a key shipping route connecting the Red Sea and the Gulf of Aden, faces growing risks of disruption after Yemen’s...- Privatise all CPSEs; bring oil, gas, alcohol under GST: US think tank wishlist for IndiaA US think tank proposed thirty reforms to boost India's economic growth. These suggestions include a ten-year plan for privatizing all CPS...
- US military launches new airstrikes to 'punish' Iran for deaths of US troopsNew US airstrikes targeted Iran after a drone attack killed American service members in Jordan. These strikes aimed to degrade Iran's abili...
- Strait of Hormuz vessel crossings extend slide on fresh US-Iran attacksVessel crossings through the Strait of Hormuz decreased significantly this week. This drop occurred after a fresh exchange of attacks betwe...
- 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...
- 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...
- Iran's supreme leader warns of 'unforgettable lessons' if US continues attacksIran's supreme leader issued stern warnings after the United States conducted further strikes. Tehran announced it is suspending commitment...
- Iran says it is suspending commitments to interim deal with US as they exchange attacksThe United States and Iran exchanged strikes on infrastructure and military targets. Iran suspended its commitments under the interim deal ...
- Iran-linked tankers U-turn, zig-zag as US enforces blockadeUS sanctions on Iranian shipping have been reimposed, impacting tanker movements. Several Iran-linked tankers changed course in the Gulf of...
- Asian refiners may be the surprise winners of fresh fuels crunchAsian refiners are well positioned to ship petroleum products globally. Renewed Middle East conflict and Russian diesel export bans are tig...
- Iran overplaying its hand on Hormuz? A new game has just begun in West Asia oil sceneAs nations surrounding Iran pour billions into new pipeline networks, the significance of the Strait of Hormuz as an oil transit route is r...
- Ship traffic through Strait of Hormuz drops after U.S. blockadeFewer vessels traversed the Strait of Hormuz on Wednesday after the US reimposed its naval blockade. Shipping data indicated a decrease in ...
- India raises windfall tax on diesel, jet fuel exports; cuts levy on petrol exportsIndia's government has adjusted windfall taxes on fuel exports, effective July sixteenth. The export duty on petrol has been reduced to two...
- Iran-linked vessels pass through Hormuz ahead of US blockadeVessels transited the Strait of Hormuz linked to Iranian trade before a US blockade took effect. Nine of eleven vessels passed through the ...
- India refiners reap fuel export windfall as war drives shortagesIndia's oil-product shipments are projected to reach their highest level since September. Refiners are capitalizing on strong profit margin...
- India's June exports shine through West Asia dark clouds; trade deficit widens to five-month highIndia's goods exports increased by 15.5% in June, reaching $40.41 billion. However, the trade deficit expanded significantly to $30.43 bill...
- India's June trade deficit jumps 59% YoY to $30.43 bnIndia's merchandise trade deficit widened to $30.43 billion in June from $28.21 billion in May, even as goods exports rose 15.5% year-on-ye...
- In reverse flow, India now supplies petrol to energy powerhouse RussiaIndia's petrol is navigating its way to Russia via international traders rather than through direct sales channels. The damage to Russia's ...
- India's crude imports remain resilient despite Strait of Hormuz tensionsIndia's crude oil imports are insulated from Hormuz Strait tensions currently. Refiners have successfully diversified their import portfoli...
- India seeks safe Hormuz passage for nine ships as truce faltersIn a strategic move, India is engaging Iran in talks to guarantee the safety of nine tankers loaded with crude oil and liquefied petroleum ...
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