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PETROLEUM TANKER ILLEGAL TAXES
Iraqi oil loadings briefly suspended after drone hits tanker at Basra, sources sayIraq briefly suspended oil loadings after a drone struck an oil tanker. The drone did not cause damage or start a fire at the terminal. Loa...- Rupee closes at 96.34 vs USD; firmer Asia FX, oil dip offer little comfort as NDF maturities pinchOn Thursday, the Indian rupee experienced a slight decline versus the dollar, influenced by dollar demand associated with expiring non-deli...
- Manipur fuel transporters threaten strike over highway extortionManipur transporters are demanding action against highway extortion. They allege illegal collections are levied on fuel tankers despite sec...
- 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 condemns Hormuz attacks, summons Iranian envoy after sailor's deathIndia summoned Iran's Deputy Chief of Mission to protest missile attacks on two merchant vessels. One Indian national died and ten others s...
- Ships pass through Strait of Hormuz in secret as US and Iran trade strikesFollowing renewed US-Iran fighting, observable ship traffic in the Strait of Hormuz has halted, replaced by vessels making secret "dark cro...
- Hormuz traffic slows to multi-week low as renewed US, Iran strikes raise safety riskVessel traffic through the Strait of Hormuz has reached a five-week low. This decline is attributed to renewed strikes and attacks on ships...
- US-Iran war: Oil flow through Hormuz rises after ceasefire, but fresh strikes spark fears, IEA saysIran war news: Oil flows through the Strait of Hormuz recovered sharply after a ceasefire. Renewed hostilities this week have revived uncer...
- Oil tanker traffic through Hormuz at near standstill as attacks strain Iran truceOil tanker traffic through the Strait of Hormuz has nearly stopped. U.S. airstrikes on Iran triggered retaliation, escalating shipping risk...
- Persian Gulf tanker backlog clears, but fresh Iran attacks cloud shipping outlookA large backlog of oil tankers in the Persian Gulf has nearly cleared. This occurred after a ceasefire was signed between Iran and the Unit...
- BPCL buys 1 million barrels of US crude via tender, sources sayBharat Petroleum Corporation has purchased one million barrels of US West Texas Intermediate crude oil. This significant purchase was made ...
- Damaged Qatari LNG tanker awaits salvage after strike as Hormuz risks escalateA Qatari LNG tanker remains stuck off Oman after being hit by a projectile. U.S. forces reported two other tankers were targeted by Iran re...
- 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 ...
- US futures tumble as Trump says Iran deal is 'over'; oil climbsOn Wednesday morning, U.S. stock futures took a significant hit as President Donald Trump declared the memorandum of understanding with Ira...
- US resumes strikes on Iran with over 80 targets hit; revokes oil waiverUnited States forces launched strikes targeting over eighty Iranian military sites. These actions followed attacks on three commercial vess...
- LNG tanker at risk of exploding after two vessels struck near Strait of HormuzThe Al Rekayyat, loaded with liquefied natural gas, sent out distress signals seeking assistance after it was hit on its port side, one of ...
- Pakistan's water crisis deepens as Rawalpindi residents struggle amid official inactionLarge parts of Rawalpindi city and the cantonment are grappling with an acute water shortage during the peak summer season, with residents ...
- Tanker set ablaze after being struck by projectile in the Strait of Hormuz off the coast of OmanA tanker traveling near Oman caught fire early Tuesday after a projectile strike. The United Kingdom Maritime Trade Operations Centre confi...
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