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US President Donald Trump on Tuesday lashed out at allies over rising fuel prices, mocking the United Kingdom and other countries hit by disruptions in the Strait of Hormuz, telling them to “get your own oil” amid the ongoing Middle East conflict. He also criticised France as “unhelpful” with respect to the ‘Butcher of Iran,’…
Asia is likely to face the worst impact of the ongoing Iran war and the resulting energy disruptions, with supply gaps emerging across key economies, global maritime analytics firm Kpler has warned, as reported AFP.“We think Asia will, for now, be the ones suffering the most,” Kpler president Jean Maynier told AFP in an interview…
US President Donald Trump has told his aides that he is willing to end war without re-opening the Strait of Hormuz, which Iran has refused to unblock despite repeated warnings from the US president. This is another soft stance taken on Tehran as the latter has refused to budge after US-Israel initiated war.In recent days,…
NEW DELHI: The availability of crude, LPG and LNG in India has improved considerably compared to a month ago when the West Asia conflict broke out, a petroleum ministry official said Monday.Officials said India has diversified sourcing of crude and gas to plug gaps caused by disruptions in the Strait of Hormuz, while prioritising LPG…
As global energy supplies come under strain due to the ongoing Middle East conflict, the Centre has introduced a temporary measure to ease pressure on cooking fuel availability in the country. Under the 60-day emergency plan, announced on Monday, states and Union Territories will receive additional kerosene for essential household use, including cooking and lighting.The…
A month into the Middle East conflict, global crude markets remain under strain, with prices rising nearly 50% since the United States and Israel launched strikes on Iran on February 28, triggering a strong response from Tehran. Oil prices had earlier surged to as high as $119 per barrel amid heightened tensions involving Iran, before…
Saudi Arabia has brought its East-West pipeline into full operation, pushing 7 million barrels of oil a day through the route as it works to maintain supplies following the effective shutdown of the Strait of Hormuz, a person familiar with the matter said. The pipeline, which runs across the kingdom to the Red Sea, has…
Two liquefied petroleum gas (LPG) tankers, BW Elm and BW Tyr, are currently transiting the Strait of Hormuz en route to India, according to ship-tracking data from LSEG and Kpler cited by Reuters, signalling a cautious resumption of movements through the strategic waterway. Shipping through the Strait has been severely disrupted amid the ongoing US-Israeli…
Russian oil supplies to India could rise sharply, potentially doubling from January levels to account for at least 40% of India’s total imports. (AI image) As supply disruptions from the Strait of Hormuz continue due to the US-Iran war, India has stepped up its purchases of Russian crude oil. In fact, compared to the January…
NEW DELHI: Indian seafarers navigating Strait of Hormuz are grappling with GPS disruptions, warnings of underwater mines and the absence of a clear navigation authority.Ships in the region are reporting repeated radio broadcasts over maritime channels warning vessels against transit. “Attention all ships… This is the Sepah Navy… navigation through Strait of Hormuz is forbidden……
