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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 ...- Indian refiners increase Russian and UAE oil imports ahead of Hormuz recoveryIndia's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...
- Iran floats ‘Insurance Fees’ and asserts control over HormuzThis development raises concerns for the shipping sector about safe navigation. Iran's new requirements and possible insurance charges coul...
- Iran war shock: Govt asks ONGC to build ₹15,000 crore strategic oil reserve at MangaluruIndia plans to boost its oil security. Oil and Natural Gas Corporation, ONGC, will build a new strategic petroleum reserve facility in Mang...
- Iran deal includes $300 billion fund, more than half of which already committed, source saysA significant $300 billion private investment fund is part of a U.S.-Iran framework agreement. More than half of this amount is already com...
- Iran says the initial deal to end the war with US requires Israel to withdraw from LebanonA tentative deal to end the war between the U.S. and Iran faces a major hurdle. Iran insists Israel must withdraw from Lebanon, a condition...
- 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...
- Brent climbs to $79.43 as traders weigh durability of US-Iran peace dealOil prices edged higher as investors assessed the implications of a potential U.S.-Iran peace deal and the reopening of the Strait of Hormu...
- U. S-Iran deal to collapse? Top Tehran diplomat sounds warning related to reopening of Strait of Hormuz, resumption of all-out warIsrael and the Lebanese government have entered their own U.S.-mediated direct negotiations, of which Hezbollah was not part. Those talks h...
- In 1992, a tanker crash in Australia's Blue Mountains was doused with PFAS foam; 33 years on, tap water tested 300 times above the safe limitA 1992 petrol tanker crash in Australia's Blue Mountains caused PFAS contamination. Firefighters used foam containing these chemicals. Deca...
- Is the Iran war just an energy shock - or a turning point?A potential U.S.-Iran peace deal to reopen the Strait of Hormuz could signal a watershed moment for global energy markets, moving beyond a ...
- Straitjacket of Washington: Limits of US unilateralism are evident in consequences of its deal with IranUS actions are testing global limits. Iran deal, Indian sailor deaths, G7 summit divisions and tech export bans are among the top examples ...
- Trump warns of renewed strikes on Iran if nuclear talks fail, says US could become ‘guardian of the Middle East’President Trump has warned Iran of renewed military action or a significant financial demand if a nuclear deal isn't reached. He asserted h...
- Indian envoy to Oman meets 20 rescued MT Jalveer crew ahead of repatriationThe Indian Embassy in Oman successfully coordinated the rescue and repatriation of 20 Indian crew members from MT Jalveer, alongside 14 sai...
- Charting the Global Economy: War pushes up prices, dents growthThe Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly t...
- 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,...
- Hormuz oil traffic rebounds as Gulf exporters find workarounds: ReportOil shipments through the Strait of Hormuz are increasing for non-Iranian producers. This surge occurs despite ongoing tensions between Was...
- US attacks third merchant vessel with Indian crew; MEA says strong protest registeredUS forces attacked three merchant ships carrying Indian sailors off Oman this week. Vessels reportedly switched off identification systems ...
- Will increase seafarer repatriations if needed: Shipping Ministry’s Mukesh MangalIndia plans to increase efforts to bring back its seafarers from West Asia if needed. Currently, 18,000 Indian seafarers are in the region....
- 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...
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