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...
India poised to drive next wave of global steel demand, says Lakshmi MittalIndia is set to lead global steel demand in the coming decades. Large-scale infrastructure projects, urban growth, and energy transition in...
Hegseth urges Europe to lead continent's defence, calls for 'NATO 3.0'America's Defense Secretary Pete Hegseth is calling for a stronger NATO. He wants European nations to take charge of their continent's defe...
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...
US quietly allows waiver on Russian oil to expireAmerica's Treasury has not extended sanctions waivers on Russian oil. This waiver expired at midnight. President Trump has not confirmed if...
TotalEnergies' Saudi Arabia refinery will not be fully repaired until early 2027, CEO Patrick Pouyanne tells French lawmakersTotalEnergies' SATORP refinery in Saudi Arabia is operating at reduced capacity after drone attacks. Full repairs are expected by early 202...
US President Donald Trump's Iran war weighs on G7 economies, but don't expect hard talk in FranceGlobal economic leaders gather in France amid rising inflation and oil prices. A recent deal between the U.S. and Iran offers optimism, but...
PM Modi, Trump to discuss West Asia crisis, energy partnership, trade deal on sidelines of G7 Summit: SourcesPrime Minister Modi and President Trump are set to discuss West Asia tensions, the Strait of Hormuz, and a bilateral trade agreement during...
The US is using an Iranian smuggling tactic to sneak oil out of the GulfThe US military is secretly guiding oil tankers through the Gulf of Oman. This operation uses drones and helicopters to facilitate ship-to-...
Oil prices to ease after US-Iran deal, but return to pre-war levels could take months: AnalystsEnergy markets anticipate price moderation for crude oil and liquefied natural gas. A potential US-Iran peace agreement and the reopening o...
After Iran, China has a powerful new oil price weaponChina has emerged as the world's first oil "swing importer," significantly reducing its imports by a third to an eight-year low. This move,...
White House says Trump to meet PM Modi in France; no word from Indian side yetPresident Trump and Prime Minister Modi are set to meet in France. This meeting comes as US forces have attacked merchant ships carrying In...
Iran's top security body backs 'path of dialogue': President PezeshkianIranian President Masoud Pezeshkian announced that the country's highest security authority backs the "path of dialogue" in negotiations wi...
US Navy coordinates rescue of 14 Indian nationals from sinking dhow off Oman coastA major operation was launched off Oman to rescue 14 Indian crew members from the sinking vessel Virat 1. After detecting the emergency, th...
Quote of the Day by H.P. Lovecraft: 'The most merciful thing in the world is the inability of the human mind to…' - The Call of Cthulhu author reveals why not knowing everything keeps us saneQuote of the Day by H.P. Lovecraft is on the merciful inability of the human mind to know everything offers a strange comfort. This perspec...
NATO weighs options to defend Europe as the US plans for conflict elsewhereNATO's top military officer is developing new defense plans for Europe. This comes as the United States reduces its military contributions,...
Three missing Indian seafarers dead after US strike on tanker in Gulf of OmanThree Indian seafarers have died following a U.S. military strike on a tanker in the Gulf of Oman. The U.S. stated the vessel failed to fol...