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...
11 Jun, 2026, 08.38 AM IST
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...
11 Jun, 2026, 07.51 AM IST
Trump says US military ops ensure safe passage of 100 million barrels of oil through HormuzPresident Donald Trump revealed a secret US military mission. This operation supported oil tankers and commercial ships. Over 100 million b...
10 Jun, 2026, 11.38 PM IST
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...
10 Jun, 2026, 10.51 AM IST
Trump says pilots safe after US Army Apache goes down near HormuzA US Army Apache helicopter crashed near the Strait of Hormuz. President Donald Trump confirmed the pilots are safe and uninjured. The crew...
09 Jun, 2026, 01.28 PM IST
US Army Apache helicopter crashes near Strait of Hormuz: ReportA U.S. Army Apache helicopter gunship crashed near the Strait of Hormuz on Monday, with both crew members safely rescued. The cause of the ...
09 Jun, 2026, 09.47 AM IST
Oil Price Today (June 9): Crude oil falls 1% as Israel and Iran pause strikes. Where is liquid gold headed?Oil prices eased in early Tuesday trading after Iran and Israel indicated a pause in hostilities, reducing immediate concerns over supply d...
09 Jun, 2026, 08.07 AM IST
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...
09 Jun, 2026, 01.48 AM IST
EU sanctions Iranians over restricting naval traffic in HormuzThe European Union has imposed sanctions on two Iranian individuals and a unit of the Islamic Revolutionary Guard Corps. This action target...
08 Jun, 2026, 05.13 PM IST
Oil Price Today (June 8): Crude oil flares up 5% as Israel attacks Iran, Lebanon in latest escalation. What's next?Oil prices surged 5% on Monday after Israel launched fresh strikes on Lebanon, raising fears of renewed Middle East tensions and potential ...
08 Jun, 2026, 12.30 PM IST
From trickle to torrent: Hormuz reopening may trigger a global oil floodThe reopening of the Strait of Hormuz could trigger a faster-than-expected recovery in global oil supplies. With tankers already positioned...
08 Jun, 2026, 12.01 PM IST
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...
08 Jun, 2026, 10.44 AM IST
OPEC+ increases production quotas for JulyOPEC+ ministers decided Sunday to increase oil quotas by a total 188,000 barrels per day for July, in a move analysts said would be unlikel...
07 Jun, 2026, 07.07 PM IST
Russia's oil major says US companies benefit from the closure of the Strait of HormuzRosneft CEO Igor Sechin stated that American energy companies are benefiting most from the closure of the Strait of Hormuz. He believes the...
06 Jun, 2026, 03.28 PM IST
Oil Price Today (June 5): Crude oil holds ground as Iran peace deal uncertainty lingers. Where are prices headed?Oil prices held steady on Friday following significant Thursday losses. Hopes for a quick resolution to the U.S.-Israeli conflict with Iran...
05 Jun, 2026, 07.42 AM IST
Oil Price Today (June 2): Crude oil at $95 per barrel amid conflicting Iran war signals. What are experts saying?Oil prices held steady Tuesday, following Monday's surge, as global markets weighed U.S.-Iran ceasefire talks and the potential reopening o...
02 Jun, 2026, 07.35 AM IST
Iran's IRGC says 28 ships passed through Strait of Hormuz in the last 24 hoursIran's IRGC reports 28 ships transited the Strait of Hormuz under its security. The IRGC states the Persian Gulf's insecurity stems from US...
31 May, 2026, 11.33 PM IST