New Delhi, July 23 (IANS) Global crude oil prices surged more than 2 per cent on Thursday, with Brent crude climbing above $96 a barrel after Iran-backed Houthi militants claimed responsibility for attacks on two Saudi Arabian oil tankers in the Red Sea, raising concerns over global supply disruptions.International oil benchmark Brent crude rose 2.5 per cent or $2.42 to trade above $96 a barrel, building on its six-week high from the previous session.Similarly, US benchmark West Texas Intermedia…
Latest Oil Tankers News & Updates
Tehran, July 23 (IANS) Iran’s Islamic Revolutionary Guard Corps (IRGC) said on Thursday that it had stopped three oil tankers from passing through the Strait of Hormuz, one of which caught fire after an explosion. “Three oil tankers, provoked and tempted by the child-killing American army, were trying to pass through the mine-laid route south of the Strait of Hormuz, but after one of them exploded and caught fire, the other two quickly turned around and turned back,” the IRGC said in a statement…
New Delhi, June 21 (IANS) India’s maritime and energy security received a significant boost as three Indian-flagged crude oil tankers successfully transited the Strait of Hormuz and are now en route to Indian ports carrying large volumes of strategic cargo. The development comes amid evolving geopolitical shifts in the region that had earlier disrupted shipping routes through the critical waterway.Union Minister of Ports, Shipping & Waterways Sarbananda Sonowal announced the successful pas…
Washington, March 11 (IANS) The White House said that the United States is determined to keep the Strait of Hormuz open as the war with Iran intensifies, stressing that President Donald Trump will not allow Tehran to disrupt global energy supplies.White House Press Secretary Karoline Leavitt said the administration has made protecting the vital shipping lane a central objective of Operation Epic Fury, the US military campaign against Iran.“President Trump reiterated his commitment toward keepi…