At the gates of Hormuz, 80 million barrels of oil are on standbyLarge volumes of crude oil are waiting in the Persian Gulf and are ready to move through the Strait of Hormuz if shipping activity resumes ...
19 Jun, 2026, 12.20 PM IST
Indian refiners sitting on enough crude, in no rush to resume purchases from West AsiaIndia's state-run refiners have secured enough crude for two months. They are not rushing to buy from the Middle East even if the Strait of...
19 Jun, 2026, 10.37 AM IST
US-Iran war: There are many questions about the peace deal. Here are (some) answers.US-Iran deal: A new agreement between the United States and Tehran aims to end the war and reopen the vital Strait of Hormuz. Sanctions on ...
19 Jun, 2026, 07.58 AM IST
Oil falls as supply starts moving through Strait of HormuzOil prices dipped Friday as tankers resumed passage through the Strait of Hormuz following a U.S.-Iran peace deal. The agreement is expecte...
19 Jun, 2026, 07.22 AM IST
'All US blockade enforcement efforts have ceased': Centcom lifts blockade on ships to, from Iranian portsBig news out of the Middle East! The US has officially lifted its blockade on ships going to and from Iranian ports. Central Command confir...
18 Jun, 2026, 11.17 PM IST
Trump signs Iran ceasefire deal, warns of renewed bombing if Tehran violates pactThe U.S. and Iran have released an interim agreement to end their war, with President Trump threatening renewed attacks if commitments are ...
18 Jun, 2026, 09.04 AM IST
Oil slips again as US, Iran sign peace dealOil prices dropped as the U.S. and Iran reached an interim agreement to end the war, reopen the Strait of Hormuz, and lift sanctions on Teh...
18 Jun, 2026, 07.04 AM IST
Trump says Israel has Iran MoU copy as deal nears; calls Iranians ‘tough negotiators’US President Donald Trump revealed Israel received a proposed Iran nuclear deal draft. He expressed optimism for a swift agreement and anno...
17 Jun, 2026, 10.18 PM IST
Oil Price Today (June 17): Crude oil dips below $80, near 3-month low ahead of US-Iran agreement. Will liquid gold fall more?The interim agreement, expected to be signed on Friday, would grant Tehran significant economic incentives, including the immediate ability...
17 Jun, 2026, 08.46 AM IST
US at odds with allies over how easy it is to reopen HormuzGlobal leaders are meeting to discuss the Strait of Hormuz. US President Donald Trump expects it to reopen soon. However, European allies a...
16 Jun, 2026, 12.04 PM IST
Oil Price Today (June 16): Crude oil rebounds after 5% plunge as traders await US-Iran peace deal details. Where are prices headed?The rebound followed a sharp selloff on Monday, when oil prices tumbled nearly 5% to their lowest closing level since March 4. The decline ...
16 Jun, 2026, 07.51 AM IST
Indian LNG tanker crosses Strait of Hormuz as US-Iran deal lifts reopening hopesAn LNG tanker has successfully navigated the Strait of Hormuz. This marks a significant step following a peace agreement between the United...
15 Jun, 2026, 11.07 AM IST
Oil slips 4% as US, Iran reach peace deal to reopen Strait of HormuzOil prices dropped significantly as President Trump and Iran's deputy foreign minister announced an initial deal to end the war and reopen ...
15 Jun, 2026, 06.15 AM IST
Shipowners on edge for news on Hormuz as ‘dark’ oil flows swellShipowners are closely monitoring a potential US-Iran peace deal and its implications for the Strait of Hormuz. While some express caution,...
13 Jun, 2026, 05.26 PM IST
Kuwait temporarily closes airspace after Iranian attacks, flights divertedKuwait's airspace is now open after a temporary closure on Thursday. This action followed Iranian attacks that impacted the Gulf region. Ku...
11 Jun, 2026, 11.14 AM IST
Bengaluru techie got tired of working from office; what he did next is going viralA Bengaluru tech professional chose to work remotely from Chikkamagaluru. He documented his journey to the coffee-growing region. The trip ...
09 Jun, 2026, 05.36 PM 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