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Traders place $430 million bet on lower oil price before Trump ceasefire extension
It is the third time this month, and the fourth in total, that large, well-timed directional bets on ...
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India crude oil production falls for 11th year, gas declines again
India’s crude oil and natural gas production continued to decline in 2025-26 due to ageing fields and a ...
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ONGC cancels jack-up rig tender over cartelisation fears, flags 60% spike in bid prices
State-run ONGC has cancelled a tender for jack-up rigs due to concerns over unusual price hikes and bid ...
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Iran says Hormuz reopening 'not possible' amid US naval blockade
Iran’s parliament speaker, Mohammad Bagher Ghalibaf, stated on Wednesday that the Islamic Republic will not reopen the Strait ...
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US extends Russian oil waivers by 30 days, offering relief to India and other vulnerable nations
The United States has granted a 30-day extension for sanctions relief on Russian seaborne oil. This decision offers ...
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How the Iran war oil and gas supply shock compares with past disruptions
A major oil supply disruption is underway due to the US-Israeli war with Iran and the closure of ...
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GAIL says its LNG vessel Energy Fidelity flagged off from US; to bolster India's energy supply chain
GAIL’s Energy Fidelity vessel with a carrying capacity of 174,000 cubic meter (cbm) was flagged off on April ...
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Iran tankers laden with crude go dark to sail past US blockade
At least two Iranian oil tankers — Hero II and Hedy — have bypassed the Persian Gulf blockade ...
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Tehran received signs indicating US ready to end naval blockade: Iraian envoy to UN Iravani
Iran has indicated that the United States may be ready to ease its naval blockade, with envoy Amir ...
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How Asia should deal with the ‘Malacca dilemma’
The Iran conflict has shown how easily key sea routes can be used as strategic tools, raising concerns ...
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