India’s crude oil imports rose to a 2026-high of 5.26 million barrels per day in September as Gulf supplies surged, with Iraq becoming the country’s second-largest supplier after Russia. Increased flows through the Strait of Hormuz have offered Indian refiner…

The Portuguese, Dutch and British empires all vied for control over the vital shipping lane.

Equinor plans to expand its global LNG portfolio to between 10 million and 15 million tons a year in the early 2030s, targeting European and Asian buyers left short on supply by the Strait of Hormuz blockade, Reuters reported Wednesday. The company expects to…

State-run IRNA news agency quoted the Qeshm governor as blaming a "terrorist enemy." He also said the person killed was among the cargo vessel's 10-member crew, and that authorities had not yet identified the projectile.
During its passage through the Strait of Hormuz, a ship was hit by a projectile, raising alarms about the stability of global energy supplies following a prior drone attack. In response, Saudi Arabia has temporarily closed its crucial East-West oil pipeline a…

State-run media in Iran say an Iranian commercial vessel has been struck off Qeshm Island in the Strait of Hormuz, with one person killed and four wounded

An Iranian commercial vessel was struck early Sunday off Qeshm Island in the Strait of Hormuz, with one person killed and four wounded, Iranian state media s...
Middle East News: Iran and Oman have agreed on details of new entry and exit routes for the Strait of Hormuz and will brief Gulf countries on the outcome of their consu.

Iran and Oman have agreed on the geographic coordinates for a proposed shipping route through the Strait of Hormuz, according to Iranian Foreign Ministry spokesman Esmaeil Baghaei. Baghaei said the joint statement between the two countries is in the final rev…

Hit by supply disruptions due to the blockade of the Strait of Hormuz since March, Asian refiners have been aggressively buying oil from the US, Russia, Africa and Latin America
The opening of the Strait is a very welcome development. It will remove supply chain bottlenecks and (address) shortages in sectors like fertilisers and chemicals, says Ajit Doval

Shipowners stay cautious amid uncertainty over transit through the strategically vital Strait of Hormuz.
Indian Oil Corporation has failed to secure any bids for chartering vessels to transport crude oil and LPG from the Strait of Hormuz. Ship owners are hesitant due to the current geopolitical climate, preferring to await clearer terms before entering the regi…

India's LPG imports from the US are expected to reach a record 1 million metric tons in June as the country offsets supply disruptions from West Asia caused by the closure of the Strait of Hormuz
Despite a US-Iran ceasefire framework, markets remain volatile due to unresolved issues like Iran's nuclear program and the Strait of Hormuz. While oil prices are sensitive, China's markets struggle with property woes. India, however, shows promise, potentia…

With traffic resuming through the Strait, exporters expect freight and insurance costs to moderate, shipping schedules to normalise and business confidence to improve

Traffic through the Strait of Hormuz appeared to thin early on Friday, just a day after a burst of oil flows through the waterway as the US and Iran vowed to lift a dual blockade. No tankers were seen moving …

Indian refiners have enough crude to last them two months, so they will not be scrambling to buy Middle Eastern cargoes expected to be coming out through the reopened Strait of Hormuz anytime soon. According to a Bloomberg report, however, Middle Eastern prod…

Strait of Hormuz reopening may restore India’s LPG and LNG supplies gradually, with crude flows expected to normalise as energy logistics improve.
India’s state-run refiners have already secured enough crude for the next two months and are in no rush to resume purchases from the Middle East even if the Strait of Hormuz reopens to commercial traffic.
India plans to ease emergency energy measures as global tensions subside. These steps were taken to ensure fuel availability amid West Asia conflicts. An interim agreement between the US and Iran could normalize shipping through the Strait of Hormuz. This wil…
Indian government bonds are rallying for a sixth day. Falling oil prices are boosting investor confidence. This is happening despite a hawkish outlook from the US Federal Reserve. Expectations of a reopened Strait of Hormuz are driving oil prices down. Cheape…

A fully-loaded corn ship bound for Iran entered the Persian Gulf after crossing the US blockade line outside the Strait of Hormuz, ahead of the US-Iran interim peace deal aimed at reopening the waterway.

Islamabad plans to extend duty drawback benefit for the fragrant rice export beyond June, when trade via Strait of Hormuz is set to normalise

Global markets are keenly watching U.S.-Iran ceasefire talks and the Strait of Hormuz, alongside crucial U.S. jobs data and euro zone inflation figures. India's rupee faces pressure, while Colombia heads to the polls. Meanwhile, the AI-driven tech sector cont…

A new report suggests China's maritime vulnerability begins at the Strait of Hormuz, not the Strait of Malacca, creating a strategic competition arena in the Indian Ocean. This region is re-emerging as a key theatre, with China's energy dependence exposing vu…