News

The escalating Israel-Iran conflict has prompted shipowners to exercise an extra degree of caution in both the Red Sea and ...
The Emirati national guard says it has evacuated 24 people from an oil tanker after a collision between two ships just east of the world’s most critical oil chokepoint, the Strait of Hormuz ...
Amid escalating Iran-Israel tensions, India is proactively exploring alternative energy sources, particularly from West ...
The Emirati national guard says it has evacuated 24 people from an oil tanker after a collision between two ships just east of the world’s most critical oil chokepoint, the Strait of Hormuz.
The incident resulted after a ship collided with two other vessels sailing near the Strait of Hormuz on Tuesday, Reuters ...
The International Energy Agency tweaked its global oil demand forecast, now expecting demand to rise by 720,000 barrels a day this year versus 740,000 barrels previously, citing weak second-quarter ...
Probal Sen suggests a 'wait and watch' approach regarding the impact of geopolitical turmoil on crude price estimates. While current market fundamentals appear bearish, escalation risks, particularly ...
A blaze that’s been spotted in waters off the United Arab Emirates and near the entrance to the Strait of Hormuz is not ...
Strait of Hormuz is used for exporting crude oil to Asia by members of OPEC including Saudi Arabia, Iran, the United Arab ...
Explore the implications of Iran potentially closing the Strait of Hormuz amidst rising tensions, impacting global oil prices ...
Reports indicate three ships are transmitting not under command in the Gulf of Oman near the Strait of Hormuz. NASA's FIRMS ...
About 21mn barrels of oil from Iran, Iraq, Kuwait, Saudi Arabia, Qatar and the United Arab Emirates pass daily through the narrow waterway separating the Islamic republic from the Gulf states, ...