oil
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World
Iran Warns Oil Tankers Against Route Deviations in Strait of Hormuz, Threatens Forceful Response
Iran has warned oil tankers to strictly follow approved routes in the Strait of Hormuz, saying deviations could trigger a…
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World
Trump’s Iran deal extends permanent pause, opens Hormuz
In a significant diplomatic breakthrough, US President Donald Trump has agreed to an interim peace deal with Iran aimed at…
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Business
Fuel Price Cut Decisions to Align with Changing Global Conditions: Petroleum Ministry
The Petroleum Ministry has indicated that decisions on fuel price reductions will be made in response to the evolving global…
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World
US used Iranian-style ship-to-ship transfer technique to extract oil from Gulf
The United States has employed a method similar to Iranian ship-to-ship oil transfers to move crude oil out of the…
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World
Trump warns: US will ‘harshly attack’ Iran tonight, threatening to take control of key oil infrastructure
Comments attributed to former US President Donald Trump on Iran have drawn international attention, after he reportedly claimed that Iran’s…
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Business
OPEC Announces Modest Increase in Oil Production Quota for July
OPEC has announced a modest increase in its oil production quota for July, marking the fourth consecutive month of output…
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World
OPEC decided to increase oil quota for the fourth time after Hormuz closure
The ongoing conflict has severely disrupted oil flow through the Strait of Hormuz, triggering the world’s most significant supply crisis…
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Business
ONGC Reports 3.1% Increase in Net Profit for March Quarter Driven by Improved Crude Price Realisations
Oil and Natural Gas Corporation (ONGC), India’s leading energy producer, announced a 3.1% rise in net profit for the quarter…
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World
The proposed US-Iran deal includes opening the Straits during a 60-day ceasefire period, according to Axios
The United States and Iran are reportedly nearing a pivotal agreement that could temporarily ease tensions in the Middle East.…
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World
US seizes ‘Shadow Fleet’ tanker linked to Iran amid Trump’s attack threats in Indian Ocean
In a significant escalation amid ongoing tensions in the Middle East, U.S. authorities have seized a tanker linked to Iran’s…
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