Global oil markets are in turmoil due to the ongoing Iran war, but the real pain is hitting diesel and jet fuel harder than raw crude. Goldman Sachs’ latest report …
Strait of Hormuz
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In a fiery address from Washington on March 17, U.S. President Donald Trump took aim at major Asian powers and European allies for dragging their feet on aiding America in …
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Gujarat’s Kandla Port braces for the arrival of SCI’s Nanda Devi today, laden with LPG from Qatar. The vessel’s journey through the Strait of Hormuz on Tuesday highlights India’s resilient …
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Escalating U.S.-Iran military friction has ignited a firestorm in Washington, compounded by soaring domestic costs. Democratic House Leader Hakeem Jeffries didn’t hold back, lambasting President Trump and his Republican allies …
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In a move that sent shockwaves through energy markets, crude oil benchmarks soared on Tuesday, with Brent crude climbing 2.81% to $103.03 per barrel and WTI advancing 2.80% to $95.03. …
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Gujarat’s Vadinar port welcomed the Indian gas carrier Nanda Devi on Tuesday, laden with LPG crucial for the nation’s daily needs. The vessel docked around 11:25 AM, following in the …
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In a surprising move during heightened conflict, the United States is greenlighting Iranian oil tankers through the Strait of Hormuz. Treasury Secretary Scott Besant revealed this policy shift to prioritize …
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In a firm rebuttal amid swirling speculation, South Korea’s Defense Minister Shin Won-sik confirmed Tuesday that Washington has not formally asked for Korean warships in the Middle East. The statement …
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Warehouses in China’s export powerhouse Yiwu are bursting at the seams, a direct fallout from the raging Middle East war. Once a seamless hub dispatching goods to American retail behemoths …
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In a timely diplomatic outreach, Indian Prime Minister Narendra Modi spoke with Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, extending warm advance wishes for Eid. …