Latest Global Energy Trade News & Updates

Washington, March 13 (IANS) The United States is “fully prepared” to deploy naval escorts for commercial vessels through the strategic Strait of Hormuz as tensions in the Middle East escalate, with major implications for the flow of global energy supplies.“President Trump is fully prepared to provide US Navy escorts through the Strait of Hormuz if he deems it necessary. Our military has destroyed well over 20 inactive mine-laying boats with more to come,” White House Deputy Press Secreta…

New Delhi, Jan 8 (IANS) Three Indian nationals were among the 28 crew members aboard a Russian-flagged oil tanker seized by United States forces in the North Atlantic, media reports said.The vessel, named Marinera and previously known as Bella 1, was intercepted after a prolonged maritime pursuit that reportedly began in the Caribbean Sea and extended into the North Atlantic.According to reports, the tanker was carrying a multinational crew comprising 17 Ukrainians, six Georgians, three Indians …