Crude oil prices experienced a significant drop, heading for steep weekly losses as tanker traffic through the Strait of Hormuz increased, ...

Despite a projectile striking a vessel, ships are continuing to use a non-Iranian-approved passage through the Strait of Hormuz. Traffic le...

Strait of Hormuz traffic saw a dip Friday after a Taiwanese ship was attacked, prompting a pause in evacuation efforts. Despite this, sever...

Iran asserted its authority over the Strait of Hormuz, warning Gulf states against aligning with the U.S. This comes after an attack on a s...

The recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...

Why are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Oil prices gained more than 2% after a ca...

Brent crude has slipped below $73 a barrel for the first time since February 27, 2026. It had hit a high of $126 per barrel on April 30 and...

Thirty ships bound for India have successfully navigated the Strait of Hormuz, a crucial route disrupted by recent geopolitical tensions. A...

Oil prices are dropping significantly as tankers resume passage through the Strait of Hormuz following a preliminary peace accord between t...

United Arab Emirates oil exports have rebounded significantly, reaching nearly 85% of pre-conflict levels by early June. Leveraging alterna...

Oil prices extended their decline on Wednesday, hovering near the four-month lows touched in the previous session, as signs emerged that mo...

Shipping through the crucial Strait of Hormuz is showing signs of recovery, with daily transits increasing significantly, though still far ...

Strait of Hormuz continues to remain the bone of the contention in Iran-U.S. deal and middle-east gulf countries' geo-politics. The questio...

US President Donald Trump announced that Iran has agreed to the highest level of nuclear inspections indefinitely, ensuring "nuclear honest...

NITI Aayog Vice Chairman Ashok Kumar Lahiri highlighted that the West Asia conflict, though a temporary supply chain issue, underscores Ind...

India's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...

A new chapter has begun for maritime trade as leading shipowners are now actively navigating their fleets through the strategic Strait of H...