Searched for
SHIPPING RISKS
70% of global business leaders report rising risk exposure amid AI, geopolitical disruptions: KPMGAccording to the report, 56% of respondents said external disruptions involving geopolitical, energy, cyber, trade or climate-related facto...
MRPL boosts delivered oil buying as Iran war raises shipping risksMangalore Refinery and Petrochemicals Ltd plans to increase crude oil purchases on a delivered basis. This strategy aims to reduce shipping...
Saudi Aramco Q3 profit jumps 34.5% to $36.25 billion despite ongoing US-Iran conflictSaudi Aramco reported a 34.5% year-on-year rise in third-quarter net profit to $36.25 billion, beating analyst estimates. Higher oil prices...
Goldman Sachs raises oil price forecasts, warns Brent could hit $140 in 2027Goldman Sachs raised its oil price forecasts amid mounting geopolitical risks and potential Gulf supply disruptions. The bank warned Brent ...
Oil Price Today (November 2): Crude oil falls to $111 as Iran-Qatar talks continue to end war. What are experts saying?Crude oil price : Oil prices have plummeted dramatically, impacting Brent and WTI crude significantly. As Iranian and Qatari officials enga...
Commercial LPG price hiked by Rs 10; ATF rates up Rs 1.37 per litre from November 1From November 1, the price of a 19-kg commercial LPG cylinder increased by Rs 10 to Rs 2,820. Aviation turbine fuel prices have also risen ...
Government scraps export duty on petrol, raises levies on diesel and ATFThe Indian government has abolished the special additional excise duty on petrol exports as of now. Diesel export levies have been raised t...
Oil prices soar 14% in October to 6-month high as US weighs fresh Iran strikes after midterms. More pain ahead?Brent crude rose 13.6% in October to settle at a six-month high of $117.64 a barrel, as fears of fresh US strikes on Iran and threats to sh...
'Took stock of our bilateral cooperation': EAM Jaishankar meets US Secy of State Rubio on sidelines of G20S Jaishankar held a bilateral meeting with US Secretary of State Marco Rubio in Atlanta. The meeting focused on enhancing India-US cooperat...
Jaishankar has a message for the world: Give diplomacy a chance, as military solutions won't workExternal Affairs Minister S Jaishankar stressed the importance of diplomacy to address global challenges at the G20 meeting. He highlighted...
Tanker in Strait of Hormuz hit by explosives attached to small boat, UKMTO saysA tanker in the Strait of Hormuz was hit by a small boat carrying two explosive devices on Thursday, triggering a fire in its engine room a...
Oil Price Today (October 30): Crude oil jumps to $118 as Trump weighs fresh attacks after midterm. What are experts saying?Crude oil price : Oil prices rose on October 30 amid fears of a potential US military strike against Iran. Crude oil prices have reached a ...
The age of pirates isn't over: Modern-day Somali raiders are hijacking oil tankers, holding sailors hostage and demanding millions in ransomOn April 21, 2026, armed men hijacked the Honour 25, a diesel tanker, in a swift attack. The crew was held hostage on board, with a ransom ...
Alabama has the largest artificial reef system; ship containing 1,700 slot machines and 100 military tanks provides shelter to marine life and attracts eco-tourismIn July 2026, the Argosy VI, previously a floating casino, was intentionally sunk to create an artificial reef as part of Alabama's commitm...
MV Odyssey world cruise suspended in Cambodia as Iran war pushes fuel costs to $8,000 per cabinThe MV Odyssey is currently docked in Sihanoukville after suspending its voyage due to increased fuel costs. The operator, Villa Vie Reside...
High freight rates narrow Indian refiners’ crude oil choices, squeeze marginsWith freight rates reaching unprecedented levels, Indian refiners are facing escalating crude oil expenses that are eroding their margins. ...
Cabinet approves Rs 10,000 crore container manufacturing schemeThe Indian government has approved a Container Manufacturing Assistance Scheme with a total budget of Rs 10,000 crore. This scheme aims to ...
Oil Price Today (October 28): Crude oil at $116 as Saudi Arabian refinery comes under attack $120 in sight?Crude oil price : Oil prices have risen due to an attack on Saudi Arabia's largest oil refinery by Yemen's Houthis. Concerns regarding supp...
- India needs to build up shipping capacity to cash in on cheap crude, IOC chairman says
India is facing challenges in effectively utilising discounted crude oil due to inadequte shipping capabilities. The chairman of Indian Oil...
Exporters get six more months of risk cover amid West Asia turmoilThe Centre has extended the RELIEF initiative to March 31, 2027, to assist exporters. This scheme provides risk coverage to exporters facin...