Red Sea turmoil sparks concerns for oil importing nations despite supply stability: S&P GCI

Feb 07, 2024

According to S&P Global Commodity Insights (GCI), while oil shipments have largely been spared from major disruptions, concerns loom over potential escalations that could...

India's electronics boom offsets slump in traditional exports: GTRI

Jul 16, 2025

Driven by falling gold and crude oil shipments, India's merchandise imports show a declining trend in June 2025; however, exports remained flat, said Global...

Trump warns Iran against attempting to block Strait of Hormuz and disrupting global oil supply

Mar 10, 2026

United States President Donald Trump on Tuesday warned Iran against attempting to disrupt global oil supplies, saying Washington would respond with overwhelming force if...

Strait of Hormuz open to all but US, Israel: Iranian Foreign Minister

Mar 15, 2026

In an interview with MS NOW, Araghchi stated that the waterway -- a vital corridor for global oil shipments -- is not closed to...

Trump signs executive order threatening tariffs on nations supplying oil to Cuba

Jan 30, 2026

Trump signed an order threatening tariffs on countries supplying oil to Cuba, escalating pressure on Havana. Mexico paused shipments, calling it a sovereign decision....

Marooned crew in Persian Gulf plea for aid amid dwindling food, freshwater

Apr 05, 2026

Most ships remain stuck on board for over a month, because fewer than 200 ships have managed to skim through the Strait of Hormuz....