Indian Oil Tanker Turned Back From Omani Corridor As Hormuz Tensions Escalate

India eyes further oil exploration after Iran war shortages

Hit by the biggest energy supply shock in decades during the Middle East war, import-dependent India is expanding domestic crude exploration, its oil minister says. India, the world’s third-largest importer of oil and the second-largest buyer of liquefied petroleum gas, faced major disruptions due to restrictions on the Strait of Hormuz during the conflict between the United States and Iran. With a temporary US-Iran deal in place to pause hostilities, oil and gas shipments are flowing through...

Commodities: Oil Under Pressure Amid Rebound In Middle East Flows

Commodities: Oil Under Pressure Amid Rebound In Middle East Flows

'Natural leak' of oil detected in the St. Lawrence

Scientists observed oil rising from the seabed in the heart of the Gulf.

"Proactive energy diplomacy by Govt": Former diplomat Navdeep Suri on India's response to Hormuz-linked energy crisis

Amritsar (Punjab) [India], June 29 (ANI): After nearly four months of conflict, a tenous peace deal between Iran and the United States has seen the crucial energy chokepoint of the Strait of Hormuz open to sea traffic. Oil tankers and other vessels with critical Oil supplies are now transiting freely through the Strait. India, which is largely dependent on energy imports, was able to ride the crisis successfully

The Commodities Feed: Oil bounces on Persian Gulf re-escalation

ASIA/PACIFIC: Re-escalation in the Persian Gulf has reignited supply concerns, pushing oil prices higher amid questions about the direction of US-Iran peace talks

Oil climbs following renewed US, Iran strikes in Middle East

Oil prices saw an uptick as renewed US-Iran tensions in the Middle East disrupted shipping through the Strait of Hormuz. Despite reports of a potential de-escalation and renewed talks, analysts caution that a full recovery of Gulf oil supply could take months due to lingering issues. Saudi Aramco has resumed loadings, but a recent helicopter crash adds to the complex situation.

Goldman Says Hormuz Flare-Up May Delay Recovery in Oil Supplies

A recovery in Middle Eastern oil supplies could be set back if renewed tensions disrupt shipping in the Strait of Hormuz, Goldman Sachs Group Inc. said.

Tanker traffic through Strait of Hormuz picks up as markets monitor U.S.-Iran talks

London, June 23 (SANA) Oil tanker traffic through the Strait of Hormuz showed signs of recovery on Monday, although shipping risk premiums remained largely unchanged as uncertainty persisted over the outcome of ongoing U.S.-Iran negotiations. According to Reuters, shipping data indicated that several oil and liquefied natural gas (LNG) tankers transited the strategic waterway, one []

Suspected transboundary oil spill threatens Pakistan's only protected marine island

Oil spill likely triggered by Strait of Hormuz tensions has reached Astola island days after hitting strategic Gwadar coast, official tells Anadolu

European Union: Oil Flows from Middle East Recovering

European Union: Oil Flows from Middle East Recovering

JUST IN: Oil tanker traffic through the Strait of Hormuz is reportedly increasing.

JUST IN: Oil tanker traffic through the Strait of Hormuz is reportedly increasing.@BRICSNews

India explores oil exploration expansion after Iran war disruption

Left under a strain of the biggest energy supply shock in decades during the Middle East war, import-dependent India is now expanding domestic crude exploration, its oil minister s...

Pakistan Welcomes Progress in U.S.-Iran Talks

U.S. Vice President said that crude oil and natural gas are flowing through the Strait of Hormuz. On Monday, Pakistan’s Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar welcomed the progress achieved during high-level technical talks between the United States and Iran in Burgenstock, Switzerland, reaffirming Pakistan’s commitment to facilitating dialogue. RELATED: Iran Walks []

Iran exports over 40 mln barrels of oil after US blockade lifted — parliament speaker

Mohammad Bagher Ghalibaf recalled that passage through the Gulf of Oman and the Strait of Hormuz was opened to the Islamic republic’s commercial vessels and oil tankers

Crude oil retreats, but India's fuel bills stay up

Crude oil retreats, but India's fuel bills stay up

Iran arah tiga kapal patah balik kerana guna ‘laluan haram’

TEHERAN: Tiga kapal tangki minyak asing diarahkan berpatah balik ke Teluk selepas cuba melalui perairan Selat Hormuz tanpa kebenaran Iran, lapor penyiar rasmi negara itu, IRIB. Menurut laporan itu, kapal berkenaan cuba menggunakan laluan selatan selat tanpa berkoordinasi dengan pihak berkuasa Iran, sekali gus mencetuskan campur tangan Tentera Laut Pengawal Revolusi Islam (IRGC). Tentera laut ... Read more The post Iran arah tiga kapal patah balik kerana guna ‘laluan haram’ appeared first on Utusan Malaysia.

Oil prices slip as US–Iran talks cloud Strait of Hormuz outlook

Tanker movement resumes, signaling partial recovery in oil shipping flows. The post Oil prices slip as US–Iran talks cloud Strait of Hormuz outlook appeared first on BOL News.

Three ships reverse course in Hormuz after IRGC warning

TEHRAN, Jun. 25 (MNA) – Three oil tankers have reportedly altered their course and returned toward the Persian Gulf after receiving warnings from the naval forces of Iran’s Islamic Revolutionary Guard Corps (IRGC).

Oil prices jump as US and Iran step up tit-for-tat strikes

Traders fear escalating hostilities could further restrict the flow of crude through the Strait of Hormuz

Iraq Moves to Diversify Oil Exports via Syria Amid Hormuz Disruptions

Iraq is preparing to export crude oil and naphtha through Syrian ports after the Iran war disrupted its main Gulf shipping routes, according to Iraqi and Syrian energy officials and refinery sources, Reuters reported. The move expands an existing arrangement under which Iraq has been exporting fuel oil via Syria’s Mediterranean port of Baniyas following [] The post Iraq Moves to Diversify Oil Exports via Syria Amid Hormuz Disruptions first appeared on Egypt Oil Gas.

Tankers Reverse Course Through Strait Of Hormuz As Iran Escalates Passage Tensions

Tanker traffic through the Strait of Hormuz is showing signs of serious disruption, with multiple vessels making abrupt course reversals in recent days. At least eight oil tankers and LNG carriers made unexplained U-turns near the Omani coast on Friday and Saturday while outbound from the Persian Gulf, according to vessel-tracking data compiled by Bloomberg. [] The post Tankers Reverse Course Through Strait Of Hormuz As Iran Escalates Passage Tensions appeared first on Foreign Policy Journal.

Oil prices rise after vessel targeted near Strait of Hormuz

Oil prices rise after vessel targeted near Strait of Hormuz Oil prices rose about 2 percent on 26 June after a cargo ship was struck by an unidentified projectile near Oman, renewing concerns about the security of shipping through the Strait of Hormuz and the pace of recovery in regional oil exports. Brent crude settled up 1.52, or 2.1 percent, at 75.26 a barrel, while US West Texas Intermediate gained 1.58, or 2.3 percent, to 71.92. The gains followed a sharp decline a day earlier, when both benchmarks fell to their lowest levels since 27 February, before the conflict began, as oil shipments through the Strait of Hormuz climbed to their highest level since the start of the war. Before the conflict, about one-fifth of global oil supplies passed through the strategic waterway.

How India averted energy crisis during Strait of Hormuz disruption

How India averted energy crisis during Strait of Hormuz disruption

Oil tanker hit by ‘unknown projectile’ near Strait of Hormuz region: maritime agency

Oil tanker hit by ‘unknown projectile’ near Strait of Hormuz region: maritime agency

Oil Is Flowing Out of the Gulf. Everything Else Is Up in the Air

Oil Is Flowing Out of the Gulf. Everything Else Is Up in the Air

UKMTO: Oil tanker targeted in Strait of Hormuz incident

SANAA, June 27 (YPA) – The United Kingdom Maritime Trade Operations (UKMTO) reported on Saturday that a maritime incident occurred in the Strait of Hormuz involving an oil tanker struck by an unidentified projectile. According to UKMTO, the vessel’s captain confirmed that the bridge sustained damage, while all crew members remained safe and no oil []

Oil tankers navigate the Strait of Hormuz despite threats from Iran’s Revolutionary Guard

DUBAI, United Arab Emirates (AP) - A series of oil tankers has navigated the Strait of Hormuz, using a new route close to Oman's shores that has been ...

Four oil and gas tankers turn back from Hormuz strait after attacks

SINGAPORE: At least four oil and gas tankers have turned back from attempting to transit the Strait of Hormuz, ship-tracking data showed, as renewed attacks on vessels in the criti...

US military says it struck multiple targets in Iran as ceasefire strained by second day of attacks

The latest escalation has intensified fears over global oil supplies and shipping security in the key maritime route.

Hormuz Shipping Rebounds Gradually as US-Iran Deal Eases Freight Costs

ABU DHABI, Jul 2: Global shipping through the Strait of Hormuz is gradually recovering following the US-Iran de-escalation agreement, with industry experts expecting freight rates...

India Lifts Commercial LPG Supply Restrictions as Energy Flows Recover

India lifted restrictions on commercial liquefied petroleum gas (LPG) supplies introduced during the Middle East conflict, following improvements in regional energy shipments after disruptions linked to the temporary closure of the Strait of Hormuz.

Oil tanker struck near Strait of Hormuz, igniting fire

Oil tanker struck near Strait of Hormuz, igniting fire

Oil tanker hit by unknown projectile near Strait of Hormuz, UKMTO says

Oil tanker hit by unknown projectile near Strait of Hormuz, UKMTO says