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Why are oil, gold and silver prices down today, and will Brent futures, US WTI crude and precious metals prices continue to drop or rise again? Market reacts to Iran peace deal hopes and rate concernsWhy are oil, gold and silver prices down today, and will Brent futures, US WTI crude and precious metals prices continue to drop or rise ag...- Indian sailors, ship fined $6 million in Lagos cocaine caseA Nigerian court has convicted 11 Indian sailors and their vessel, MV Aruna Hulya, for cocaine trafficking. Authorities discovered 31.5 kil...
- Indian Embassy in Oman says it is tracking vessel incident off coastAn incident involving the vessel MT Jalveer off Oman's Shinas port is under close watch by the Indian Embassy. This follows a US strike on ...
- Three missing Indian seafarers dead after US strike on tanker in Gulf of OmanThree Indian seafarers have died following a U.S. military strike on a tanker in the Gulf of Oman. The U.S. stated the vessel failed to fol...
- Global Market | European shares edge higher ahead of ECB rate verdict; Mideast tensions eyedEuropean stocks saw a slight rise today. Investors remain cautious due to rising Middle East tensions. Crude oil prices are high, impacting...
- Why are oil prices up now and will Brent futures and US WTI crude prices continue to rise or decline again? Oil market reacts to US-Iran escalation and Strait of Hormuz closureWhy are oil prices up now and will Brent futures and US WTI crude prices continue to rise or decline again? Oil markets moved higher after ...
- Hegseth says the US controls the Strait of Hormuz, while also warning of bomb strikes on Iran’s 'key facilities'America is taking a firm stand in the Strait of Hormuz, demonstrating significant influence over this crucial maritime corridor. While Iran...
- Oil Price Today (June 11): Crude oil rises over 2% as US strikes Iranian targets again. $100/bbl in sight?Oil prices surged over $2 a barrel after Iran announced the closure of the Strait of Hormuz, a critical shipping route, following U.S. stri...
- Suez Canal sees oil tanker surge amid Strait of Hormuz disruptionEgypt's Suez Canal saw a significant rise in oil tanker traffic and revenue in April. This surge is linked to the closure of the Strait of ...
- Frightened dog alone in dark North Sea: Watch how this German Shepherd was rescued from one of the world's most dangerous seasNorth Sea dog rescue: A German Shepherd named Bruce was dramatically rescued after drifting on an inflatable kayak in the North Sea off Nor...
- 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...
- Dry-Bulk shipping rates extend decline as capesize demand coolsThis decline is attributed to cooling demand in larger vessel segments, particularly Capesizes, despite a strong first half of the year. An...
- CMA CGM chief says 'unwise' to assume Hormuz will return to pre-war situationThe head of French shipping giant CMA CGM believes the Strait of Hormuz will not return to its previous state. The company is adapting to o...
- Oil Price Today (June 10): Crude oil rises to $92 as Iran attacks US airbases in Jordan, Kuwait. What’s next?Oil prices rebounded approximately 1% on Wednesday, recovering from a seven-week low. Fresh Iranian responses to U.S. military strikes, inc...
- Why are oil prices up today, and will Brent and US WTI crude futures continue to rise or fall again? Oil edges higher as investors watch Iran-Israel developmentsWhy are oil prices up today, and will Brent and US WTI crude futures continue to rise or fall again? Oil prices moved slightly higher as tr...
- Fitch sees global oil markets returning to oversupply after Hormuz reopensGlobal oil markets are set to return to oversupply soon. Fitch Ratings reports the Strait of Hormuz closure is a temporary supply shock. Pr...
- Yemen's Houthis declare ban on Israeli shipping in Red SeaYemen's Iran-backed Houthi rebels announced a missile attack on Israel on Monday and declared a ban on Israeli shipping in the Red Sea, rai...
- Oil market likely to return to oversupply after Hormuz reopens: Fitch RatingsGlobal oil markets are set to see a surplus once the Strait of Hormuz reopens. Fitch Ratings predicts this despite current price hikes. The...
- Iran suspends indirect US contacts, threatens wider pressure on key shipping routesIran has halted communication with the US through mediators. This action follows attacks on Lebanon. Iran and its allies plan to block the ...
- SAIL sees limited steel price impact from Iran conflictSAIL anticipates a minor effect on its steel prices due to the West Asia crisis. The company is arranging new shipping paths to ensure a st...
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