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Oil Jumps, Stock Futures Slip As US-Iran Talks Stall
No agreement has been reached on terms to open the Strait of Hormuz which has been all but closed, sending energy prices soaring.
-
Airlines Cancel Flights, Hike Ticket Prices As Jet Fuel Crisis Cripples Aviation
Iran has currently allowed only a trickle of ships to pass through the Strait of Hormuz, disrupting global oil shipments and causing major supply chain interruptions.
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Donald Trump Weighs Shipping Waiver Renewal To Ease Oil, Gas Prices
Global energy prices have risen substantially in the past two months, with Brent crude, the international benchmark, climbing nearly 36 per cent.
-
2nd US-Sanctioned Supertanker Enters Gulf Despite Blockade On Iranian Ports
The US Central Command said on X that 10 vessels have been turned around and no ships have broken through since the start of the blockade on Monday.
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Explained: US Move To Choke Iran Oil Exports And Impact On World Supply
The US said on Monday that unauthorised vessels entering or leaving the blockade would face "interception, diversion, and capture".
-
$435 Million: Iran's Estimated Per-Day Loss Due To US' Hormuz Blockade
Successfully enforcing the blockade will require a sustained commitment of US Navy ships and personnel, as well as clear guidance from the Trump administration and the Navy's legal department
-
Iran To Charge $1 Per Barrel From Oil Tankers Passing Hormuz: Report
Regional officials said yuan collections have already begun in some cases, worrying Gulf producers who fear a shift in oil trade influence.
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Strait Of Hormuz Reopens After Ceasefire: What We Know So Far
The Strait of Hormuz, one of the world's most critical shipping lanes, has begun to see limited movement again after Iran agreed to reopen it under a temporary ceasefire with the United States.
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'Five Straits Trap': How Hormuz Blockade Exposes Global Oil's Fatal Flaw
Iran's Hormuz blockade affecting 20-25% of global crude exposes the 'five straits' crisis: volatile chokepoints (Hormuz, Bab al-Mandab, Malacca, Suez, Turkish) shipping 60M barrels/day affected by Houthi threats, piracy, risk Asia's energy lifeline.
-
Russian Ship With 7.3 Lakh Oil Barrels Docks In Cuba For 1st Time In Months
Cubans cheered the ship's arrival since a lack of petroleum has exacerbated a deep economic crisis that has left the population mired in lo.ng blackouts.
-
Houthis Threaten Strait No 2 As Iran War Expands. What It Means For India
Pre-Iran war, and before 2023 Houthi strikes on shipping lanes, ten to 12 per cent of the world's seaborne crude - i.e., between 8.7 and 9.3 million barrels - shipped via the Bab al-Mandab daily.
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Iran War Is Making Saudis Rich But They Are Not Happy About It. Here's Why
As stored barrels run dry next week, officials expect prices in these Saudi scenarios to close in on 138 to 140 dollars, then climb to 180.
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Russian Tanker Carrying 7.7 Lakh Barrels Of Oil To Arrive In India On March 21
A Russian tanker, originally bound for China and loaded with 7.7 lakh barrels of crude oil, has U-turned in the South China Sea and is now hurrying to India, a senior government official said Thursday.
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Nearly 90 Ships Cross Strait Of Hormuz As Iran Exports Millions Of Barrels Of Oil Despite War
About 90 ships including oil tankers have crossed the Strait of Hormuz since the outset of the war with Iran and it is still exporting millions of barrels of oil at a time when the waterway has been effectively closed, data shows.
-
Hormuz Shutdown Affects Asia's Crude Oil Supply, Pipelines Can't Cover Loss
Around 20 million barrels of oil a fifth of the world's seaborne crude ships through the Strait of Hormuz every day but that volume has been severely limited following US and Israel attacks on Iran, which has geographic control of the passage.
-
Oil Jumps, Stock Futures Slip As US-Iran Talks Stall
No agreement has been reached on terms to open the Strait of Hormuz which has been all but closed, sending energy prices soaring.
-
Airlines Cancel Flights, Hike Ticket Prices As Jet Fuel Crisis Cripples Aviation
Iran has currently allowed only a trickle of ships to pass through the Strait of Hormuz, disrupting global oil shipments and causing major supply chain interruptions.
-
Donald Trump Weighs Shipping Waiver Renewal To Ease Oil, Gas Prices
Global energy prices have risen substantially in the past two months, with Brent crude, the international benchmark, climbing nearly 36 per cent.
-
2nd US-Sanctioned Supertanker Enters Gulf Despite Blockade On Iranian Ports
The US Central Command said on X that 10 vessels have been turned around and no ships have broken through since the start of the blockade on Monday.
-
Explained: US Move To Choke Iran Oil Exports And Impact On World Supply
The US said on Monday that unauthorised vessels entering or leaving the blockade would face "interception, diversion, and capture".
-
$435 Million: Iran's Estimated Per-Day Loss Due To US' Hormuz Blockade
Successfully enforcing the blockade will require a sustained commitment of US Navy ships and personnel, as well as clear guidance from the Trump administration and the Navy's legal department
-
Iran To Charge $1 Per Barrel From Oil Tankers Passing Hormuz: Report
Regional officials said yuan collections have already begun in some cases, worrying Gulf producers who fear a shift in oil trade influence.
-
Strait Of Hormuz Reopens After Ceasefire: What We Know So Far
The Strait of Hormuz, one of the world's most critical shipping lanes, has begun to see limited movement again after Iran agreed to reopen it under a temporary ceasefire with the United States.
-
'Five Straits Trap': How Hormuz Blockade Exposes Global Oil's Fatal Flaw
Iran's Hormuz blockade affecting 20-25% of global crude exposes the 'five straits' crisis: volatile chokepoints (Hormuz, Bab al-Mandab, Malacca, Suez, Turkish) shipping 60M barrels/day affected by Houthi threats, piracy, risk Asia's energy lifeline.
-
Russian Ship With 7.3 Lakh Oil Barrels Docks In Cuba For 1st Time In Months
Cubans cheered the ship's arrival since a lack of petroleum has exacerbated a deep economic crisis that has left the population mired in lo.ng blackouts.
-
Houthis Threaten Strait No 2 As Iran War Expands. What It Means For India
Pre-Iran war, and before 2023 Houthi strikes on shipping lanes, ten to 12 per cent of the world's seaborne crude - i.e., between 8.7 and 9.3 million barrels - shipped via the Bab al-Mandab daily.
-
Iran War Is Making Saudis Rich But They Are Not Happy About It. Here's Why
As stored barrels run dry next week, officials expect prices in these Saudi scenarios to close in on 138 to 140 dollars, then climb to 180.
-
Russian Tanker Carrying 7.7 Lakh Barrels Of Oil To Arrive In India On March 21
A Russian tanker, originally bound for China and loaded with 7.7 lakh barrels of crude oil, has U-turned in the South China Sea and is now hurrying to India, a senior government official said Thursday.
-
Nearly 90 Ships Cross Strait Of Hormuz As Iran Exports Millions Of Barrels Of Oil Despite War
About 90 ships including oil tankers have crossed the Strait of Hormuz since the outset of the war with Iran and it is still exporting millions of barrels of oil at a time when the waterway has been effectively closed, data shows.
-
Hormuz Shutdown Affects Asia's Crude Oil Supply, Pipelines Can't Cover Loss
Around 20 million barrels of oil a fifth of the world's seaborne crude ships through the Strait of Hormuz every day but that volume has been severely limited following US and Israel attacks on Iran, which has geographic control of the passage.
