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India is actively looking to offset supply disruptions from the Middle East caused by the Iran conflict. (AI image) Amid the raging US-Israel-Iran war, India is set to get high volumes of crude oil from Venezuela as the Strait of Hormuz supply disruptions continue. Shipping data quoted by Kpler indicates that over 12 million barrels…
NEW DELHI: Seventeen India-bound ships — both Indian- and foreign-flagged — carrying energy products are waiting on the west of the Strait of Hormuz. TOI has learnt that while four of these are loaded with LPG, three are carrying LNG and remaining 10 have crude oil loaded in them.So far, eight Indian vessels carrying LPG…
Oil prices extended their rally on Tuesday amid rising tensions in the Middle East, as markets remained cautious ahead of Donald Trump’s deadline for Tehran to reopen the Strait of Hormuz. Brent crude futures increased by 57 cents, or 0.5%, to $110.34 a barrel at 1202 GMT, while US West Texas Intermediate crude futures rose…
Two more Indian-flagged LPG tankers have safely crossed the conflict-hit Strait of Hormuz and are headed towards Indian ports, even as 16 vessels remain stranded in the Persian Gulf, officials said on Monday, according to PTI.LPG vessel Green Sanvi, carrying 46,650 tonnes of cargo, is scheduled to reach an Indian port on April 7, while…
India is stepping up efforts to secure fertiliser supplies, with plans to import 2.5 million metric tonnes of urea as it works to stabilise availability in the domestic market amid tightening conditions linked to the US-Israeli war with Iran.This comes as ongoing tensions in the Middle East have been disrupting global energy flows and shipping…
US President Donald Trump has once again raised the stakes in the ongoing Middle East conflict, demanding that Iran reopen the Strait of Hormuz by a self-imposed Tuesday deadline or face sweeping military strikes. His latest warning, delivered in blunt and aggressive language, comes after weeks of escalating hostilities that have already disrupted global oil…
Oil prices began the week on a strong note, maintaining above the $100 per barrel mark on Monday, as the ongoing Middle East conflict continues to disrupt energy supply routes and unsettle global markets.In early trade, US benchmark West Texas Intermediate (WTI) climbed 1.86% to $113.62 per barrel. North Sea Brent crude also edged higher,…
US President Donald Trump Iran on Sunday strongly hit back at US President Donald Trump over his expletive-laden ‘Tuesday threat’, stating that his ‘reckless moves’ are dragging Washington towards a ‘living hell’.The sharp response comes as Tehran accused Trump of escalating tensions and pushing the region towards dangerous instability as the conflict in West Asia…
US President Donald Trump on Sunday issued one of his starkest warnings yet to Iran, saying he was considering “blowing everything up and taking over the oil” if Tehran failed to reach a deal to reopen the Strait of Hormuz, a critical oil shipping lane.Speaking to a Fox News journalist, Trump said, “I think there…
Donald Trump (File photo) US President Donald Trump on Sunday issued an expletive-laden warning to Iran, demanding that it reopen the Strait of Hormuz. He threatened severe military action, saying that Tuesday would be “Power Plant Day and Bridge Day”.“Tuesday will be Power Plant Day, and Bridge Day, all wrapped up in one, in Iran….
