Strait of Hormuz tensions trigger suspected transboundary oil spill reaching Pakistan

Commodities: Oil Market Shrugs Off Persian Gulf Escalation

Commodities: Oil Market Shrugs Off Persian Gulf Escalation

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 []

Oil Market Calm Is Shattered by Fresh Hostilities

The latest cracks in the cease-fire between the United States and Iran have jolted an oil market that in recent weeks seemed to think durable peace between the countries was within reach. By midday Wednesday, international oil prices were approaching 80 a barrel, their highest level in weeks, after President Trump said the temporary truce []

"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 Supertanker Tycoon Making Millions on Hormuz Shuttle Runs

Just a few weeks into the war, one of the Persian Gulf’s top oil producers quietly began sneaking its crude out of the Strait of Hormuz. Before long, the covert project became so successful that the United Arab Emirates was already approaching its pre-war rate of flows through the waterway by the time the US and Iran signed their interim peace deal.