tanker traffic

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    Hormuz Strait Security: US Measures to Stabilize Energy Markets

    Washington, March 26 – The United States is intensifying its efforts to secure the Strait of Hormuz and stabilize global oil flows as its military campaign against Iran continues. The White House stated that operations are focused on protecting energy routes critical to the global economy...
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    Oil Market Disruption: Prices Increase as Supply Concerns Grow

    New Delhi, March 13 Crude oil prices rose by ₹94 to ₹8,898 per barrel in futures trading on Friday amid the escalating conflict in West Asia and disruptions in energy supply.On the Multi Commodity Exchange (MCX), crude oil for March delivery increased by ₹94, or 1.07%, to ₹8,898 per barrel in...
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    Rising Oil Prices as Middle East Tensions Escalate

    Oil prices have exceeded $100 per barrel for the first time in over three and a half years, due to the ongoing conflict in Iran, which is disrupting production and shipping in the Middle East. The price of a barrel of Brent crude, the international standard, was trading at $101.19 yesterday, up...
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    India Weighs Importing Russian Crude as US Seeks to Ease Oil Price Concerns

    Washington, March 8 The United States of America urged India to release more than 100 million barrels of Russian crude that was waiting offshore for Chinese refineries, in an effort to cool rising oil prices during the Iran conflict, Energy Secretary Chris Wright said on Sunday.Speaking in...
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    US Secretary: Logistical Issues, Not Shortages, Drive Oil Price Spike

    Washington, March 8 – US Energy Secretary Chris Wright said on Sunday that more than 100 million barrels of Russian crude are currently floating at sea, waiting to be delivered to China. He believes that redirecting this oil to other refineries could temporarily ease disruptions in the global...
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    Trump Announces Shipping Protection to Secure Gulf Energy Routes

    Washington, March 4: Oil and natural gas prices surged sharply as the war involving Iran raised fears about disruptions to the Strait of Hormuz, a key shipping corridor for global energy. This prompted US President Donald Trump to take steps to reassure markets and protect tanker traffic...
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