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Record oil tanker rates put pressure on Asian refiners, IEA saysAsian oil refiners are facing increased shipping costs that are significantly affecting their profit margins. The cost of transporting oil ...- Crude oil crisis in Hormuz: Much more than just price and quantityThe conflict in Iran has closed the Strait of Hormuz, severely impacting global oil shipments and market dynamics. While oil availability h...
- First time in decades Iraq set to move its oil beyond the Strait of HormuzIraq's Oil Tankers Company has recently arranged for a Very Large Crude Carrier to transport oil. This shipment of 2 million barrels is sig...
- Defence stocks: Time to change strategy in a bearish market? An ecosystem with down and upside potential of -39% to plus 37%The current fall is both at the level of the indices and the broader market. And when the selling is this broad, almost every sector is aff...
- US Navy sets its eyes on F/A-XX 6th Gen fighter as Boeing wins the award: here’s a look at the other similar jets in the making and which country is ahead; cost, specifications and featuresBoeing’s F/A-XX will replace the US Navy’s F/A-18E/F Super Hornets and operate alongside the F-35C. Here’s a look at its expected range, co...
- Maharashtra declares drought in 265 talukas or nearly three-fourths of state; announces relief measuresMaharashtra has declared drought in 265 out of 358 talukas due to significant rainfall deficits. The government announced various relief me...
- Oil prices fall as markets look to Iran truce, but remain wary of attacks on oil facilitiesOn Friday, oil prices took a small dip after a week marked by fluctuations. Brent crude prices lowered to $105.85 per barrel, while West Te...
- Oil tanker rates hit record highs following Iran, US shipping attacksOil shipping rates from the Gulf of Oman to China have reached record highs this week. This surge follows recent attacks on shipping and mi...
- First drones, now missiles. The spending is certain, who gets the maximum is not: 14 stocks from the defence ecosystemThe defence sector’s positives are well known. But there are some unknowns. For “security reasons” we will never know how or why orders are...
- Ecological cost of US-Iran war: Scientists warn ships stranded for months in the Strait of Hormuz could now carry invasive species, posing an ‘immense international biosecurity threat’Ships stranded for months in the Strait of Hormuz now pose a bioinvasion risk. These vessels may carry dense communities of marine organism...
- Chemical sector: Although long, there is a way around China trouble; combine 20 stocks to get your portfolio’s chemistry rightFor the chemicals sector, it all depends on a transformation that is still unfolding and will take years to play out. Backward-integration ...
- Tata, Mahindra, HAL in race as govt floats Rs 1 lakh crore IAF tender for 60 aircraftThe Defence Ministry has issued a tender worth one lakh crore rupees. Sixty multirole transport aircraft will be purchased for the Indian A...
- Defence stocks: Time to change strategy? 18 stocks with downside and upside potential from minus 26% to plus 26%When a stock remains in the red for several months, investors naturally begin questioning the investment. Imagine a shipbuilder remaining w...
- The surprising metrics of Goa's tourism boom led by traffic, villas and paneerAs flights and hotel occupancy fail to capture the number of tourists flocking to Goa, here are some unusual indicators that also mark the ...
- Indian ships reverse course in Hormuz strait, vessel tracker saysIn a tense standoff, two Indian vessels opted to reverse course in the Strait of Hormuz following gunfire allegedly from Iran's Revolutiona...
- Another tanker briefly blocks Egypt's Suez canalLast year, super tanker Ever Given became wedged diagonally across the canal during a sandstorm, disrupting world trade for nearly a week.
- 59 killed in bus-oil tanker collision in southern PakistanThe accident took place on the Super Highway when the bus going from Karachi to Shikarpur collided with the oil tanker early today.
- Somali pirates vow to resist any assault on super-tankerSomali pirates holding an oil-laden Saudi super-tanker will fight back should any military intervention to free the ship be attempted.
- Somali pirates demand 25 mn dollars for Saudi oil tankerSomali pirates who hijacked Saudi oil super-tanker Sirius Star on Thursday are demanding 25 million dollars in ransom and have set a 10-day...
- Indian warship shells pirates as super-tanker held to ransomAn Indian warship opened fire at a Somali pirate "mother ship", the navy said on Wednesday, as bandits demanded a ransom for a Saudi super-...
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