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SHIPPING DISRUPTIONS HORMUZ
US sanctions 7 individuals, entities for supporting IRGC; reiterates stance for Tehran's denuclearisationThe United States imposed new sanctions on Iran for attacking commercial vessels. American forces conducted military strikes targeting Iran...
Attacks on seafarers hit hiring, raise costs for shipping companiesThe recent spate of attacks on commercial vessels is significantly impacting the recruitment of Indian seafarers and driving up associated ...
US launches fresh strikes on Iran ahead of naval blockade as Hormuz tensions escalateUS-Iran war news: The United States initiated fresh military strikes against Iran on Tuesday. These strikes target capabilities allegedly u...
India can find alternative sources for crude, but LPG at risk: ExecutivesIndustry executives said India should be able to source alternative crude and LNG supplies, albeit at higher prices. LPG supplies, however,...
After Hormuz, Iran turns to Red Sea gateway as new pressure pointIran is signaling potential closure of the Bab el-Mandeb Strait via its Houthi allies. This move risks disrupting global trade and vital en...
Trump's Strait of Hormuz Plan Explained: Can the US charge ships and what it means for IndiaStrait of Hormuz Explained: US President Donald Trump's proposal to impose a 20% charge on cargo passing through the Strait of Hormuz has s...
Oil Price Today (July 14): Crude oil hits one-month high at $85 as US-Iran war tensions simmer. Will it cross $100?Brent crude futures gained $1.68, or 2%, to $84.98 a barrel, while U.S. West Texas Intermediate (WTI) crude rose $1.65, or 2.1%, to $79.79 ...
Some ships still crossing Strait of Hormuz despite security threatA small number of vessels crossed the Strait of Hormuz on Sunday, despite the heightened security threats as Tehran and Washington battle f...
Passage through Strait of Hormuz 'unfeasible' after US actions, says Persian Gulf Strait Authority; halts transit permitsPassage through the Strait of Hormuz is now unfeasible, according to the Persian Gulf Strait Authority. Recent U.S. military actions have p...
Iran says latest US strikes have 'rendered futile' recent diplomacyIran condemned recent United States attacks, stating they undermined diplomatic efforts. These strikes aimed to degrade Iran's ability to a...
'Iran does not control the strait': Trump, US military say Hormuz is open, 'traffic is flowing'Iran war news: US military and President Trump said the Strait of Hormuz remains open. Iranian claims of closing the vital shipping route a...
Strait of Hormuz remains open despite Iran's closure declaration, maritime group saysThe vital shipping lane through the Strait of Hormuz remained operational, defying Iran's earlier announcements of a closure. While commerc...
Could oil prices spike further? Inside the fragile US-Iran stance in the GulfGeopolitical tensions in the Middle East have escalated after attacks on commercial vessels. Iran's objective appears to be expanding its s...
Goldman says Hormuz flare-up may delay recovery in oil suppliesRenewed tensions between Washington and Tehran have impacted global energy markets significantly. Ship traffic through the strait has nearl...
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...
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...
Oil Price Today (July 9): Crude oil nears $80, up for 3rd day as US launches fresh strikes on Iran. Hormuz supply in jeopardy?Brent crude futures gained 78 cents, or 1%, to $78.8 a barrel while U.S. West Texas Intermediate (WTI) crude futures rose 74 cents, or 1.01...