Strait of Hormuz

Hang seng slides as US-Iran conflict weighs on Asian markets; brent crude spikes 5%, OPEC warns of supply risk – Times of India

Hang seng slides as US-Iran conflict weighs on Asian markets; brent crude spikes 5%, OPEC warns of supply risk – Times of India

Brent Crude prices spiked as much as 5% on Monday following the US airstrikes on Iran’s key nuclear facilities on Sunday. The move ended days of speculation over whether the…

Continue ReadingHang seng slides as US-Iran conflict weighs on Asian markets; brent crude spikes 5%, OPEC warns of supply risk – Times of India
Iran-Israel war: Exporters push for urgent shift to Chabahar port as conflict threatens trade routes – Here’s what you need to know – Times of India

Iran-Israel war: Exporters push for urgent shift to Chabahar port as conflict threatens trade routes – Here’s what you need to know – Times of India

This is an AI-generated image, used for representational purposes only. Amid the escalating Iran-Israel conflict, Indian exporters have suggested shifting cargo operations from Iran’s Bandar Abbas port to the India-managed…

Continue ReadingIran-Israel war: Exporters push for urgent shift to Chabahar port as conflict threatens trade routes – Here’s what you need to know – Times of India
Global oil supply: Iran may use threat of closing Strait of Hormuz as leverage only; analysts say markets remain in surplus – Times of India

Global oil supply: Iran may use threat of closing Strait of Hormuz as leverage only; analysts say markets remain in surplus – Times of India

Iran has repeatedly warned of blocking the Strait of Hormuz, a narrow yet strategically crucial maritime chokepoint for global oil supply, however, the country has not yet shut it down.…

Continue ReadingGlobal oil supply: Iran may use threat of closing Strait of Hormuz as leverage only; analysts say markets remain in surplus – Times of India
Iran-Israel conflict: How will blocking of Strait of Hormuz hit India? Indian refiners look at alternative routes for fuel supply – Times of India

Iran-Israel conflict: How will blocking of Strait of Hormuz hit India? Indian refiners look at alternative routes for fuel supply – Times of India

The Strait of Hormuz serves as a crucial channel for worldwide energy transportation. (AI image) Will the escalating Iran-Israel conflict cause an oil supply issue for India? Indian refiners are…

Continue ReadingIran-Israel conflict: How will blocking of Strait of Hormuz hit India? Indian refiners look at alternative routes for fuel supply – Times of India
Israel-Iran escalation sparks oil prices surge over 7%, markets brace for supply shock; Hormuz chokepoint back in spotlight – Times of India

Israel-Iran escalation sparks oil prices surge over 7%, markets brace for supply shock; Hormuz chokepoint back in spotlight – Times of India

Oil prices spiked more than 7% on Friday as a sharp escalation between Israel and Iran unnerved global energy markets. With fears mounting over potential supply disruptions, both Brent and…

Continue ReadingIsrael-Iran escalation sparks oil prices surge over 7%, markets brace for supply shock; Hormuz chokepoint back in spotlight – Times of India