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STRAIT OF HORMUZ TRADE
Oil edges lower amid resumption of strait shipments even as vessel hit near OmanOil prices are poised for significant weekly declines as supply worries ease with tankers navigating the Strait of Hormuz. Despite a cargo ...
Why are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Cargo ship attack near Oman lifts crude pricesWhy 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...
Vessel hit by 'unknown projectile' in Hormuz Strait: Maritime agencyThe UK Maritime Trade Operations (UKMTO) security agency reported that the incident occurred 7.5 nautical miles (14 kilometres) southeast o...
Crude shipments through Hormuz at highest since war amid concerns over Iran exit demandsCrude shipments through the Strait of Hormuz have surged following a ceasefire deal, reaching their highest levels since the conflict began...
Reopening of Strait of Hormuz to lower tail risk, but supply normalisation to be costly: S&PS&P Global Ratings suggests reopening the Strait of Hormuz eases immediate risks for Asia Pacific, but expects uneven and costly supply nor...
IndiGo, SpiceJet shares rally up to 4% as crude oil prices fall below pre-war levels after 42% crashAviation stocks, including IndiGo and SpiceJet gained after crude oil prices declined sharply as supply concerns eased following progress i...
Oil prices fall as tankers exit Strait of HormuzOil prices are dropping significantly as tankers resume passage through the Strait of Hormuz following a preliminary peace accord between t...
Oman assures toll-free movement via Strait of HormuzOman has pledged toll-free passage through the Strait of Hormuz, a move welcomed by India. This assurance follows discussions between Omani...
Hormuz shipping activity shows signs of recovery; Indian refiners shine amid disruption: S&P GlobalShipping through the crucial Strait of Hormuz is showing signs of recovery, with daily transits increasing significantly, though still far ...
Iran-U. S war ends but Strait of Hormuz disruptions could continue for months ahead. Here's whyStrait of Hormuz continues to remain the bone of the contention in Iran-U.S. deal and middle-east gulf countries' geo-politics. The questio...
India needs to diversify its sources of energy needs, says NITI vice-chairmanNITI Aayog Vice Chairman Ashok Kumar Lahiri highlighted that the West Asia conflict, though a temporary supply chain issue, underscores Ind...
The Strait of Hormuz's future is unsettled even as more ships venture throughShip traffic is slowly resuming in the Strait of Hormuz following an interim deal between Iran and the U.S., but lingering questions about ...
Oil Price Today (June 23): Crude oil near $78 per barrel as investors track flows through Hormuz. What’s next?Brent crude futures rose 24 cents, or 0.38%, to $78.15 a barrel, while U.S. West Texas Intermediate gained 33 cents, or 0.46%, to $74.19 a ...
Oil gains after selloff, awaits progress on Strait of Hormuz flowsOil prices saw a slight rebound Tuesday, recovering from Monday's sharp decline. This uptick follows tempered optimism surrounding U.S.-Ira...
Oil Price Today (June 22): Crude oil rises above $80 as Iran shuts Strait of Hormuz again. What are experts saying?Brent crude futures rose 54 cents, or 0.67%, to $81.11 a barrel, after briefly touching $82.30 at the start of trading. U.S. West Texas Int...
European shares muted as investors weigh U.S.-Iran talksEuropean markets showed little movement as investors weighed U.S.-Iran talks for progress on Strait of Hormuz shipping. Brent crude dipped ...
Oil Price Today (June 19): Crude oil falls, heads for 9% weekly loss as shipping in Hormuz Strait begins. What are experts saying?Brent crude slipped toward $79 a barrel and is down more than 9% for the week. West Texas Intermediate for August was trading near $76 a ba...
Brent crude oil price touches pre-Iran war lows after ceasefire dealOil prices have fallen significantly. This is due to a preliminary agreement between the United States and Iran. The deal aims to reopen th...
Maritime data company says stranded ships have begun transiting Strait of HormuzA new chapter has begun for maritime trade as leading shipowners are now actively navigating their fleets through the strategic Strait of H...
US–Iran peace deal to reopen Strait of Hormuz brings relief to trade: EEPCThis development is expected to significantly boost global trade, particularly for India, by easing logistics disruptions and costs for ene...