FORGOTTEN HISTORY: The strait of hormuz - The Untold Story

US services sector cools in September, price pressures building

The US-Israeli war with Iran has raised prices of energy and related products and led to shortages of commodities shipped through the Strait of Hormuz. Diesel prices are at record highs, hitting farmers and truckers. Economists warned that higher prices could soon spill over to other sectors and broaden inflation…

The Economic Times · 3h ago

Middle East oil exports return to pre-war levels, excluding Iran

Oil exports from the Middle East, excluding Iran, exceeded their pre-war average last week, Kpler data showed, as pipelines helped bypass the Strait of Hormuz despite continued attacks on shipping.

Euronews · 10h ago

Iran Holds Strait of Hormuz Hostage Until Trump Accepts Seven Demands, Warns of 'New Surprises'

Iran says the Strait of Hormuz will remain closed until the US meets seven reported conditions, including sanctions relief, released assets and an end to military operations.

International Business Times UK · 14h ago

September LNG shipments through Hormuz hit highest since start of US-Iran war

In September, the number of liquefied natural gas cargoes shipped through the Strait of Hormuz increased significantly. A total of 19 cargoes were shipped, primarily from Qatar and the United Arab Emirates, marking the highest month since the US-Israel war started. Shipments included many vessels that operated with their transponders…

The Economic Times · Oct 2

Putin sees ‘very big potential’ in India ties, backs joint use of global trade corridors

Vladimir Putin highlighted significant potential for economic collaboration with India, particularly in transport and shipping corridors. He expressed readiness for joint maritime initiatives following successful pilot voyages with China and South Korea. Putin praised Prime Minister Narendra Modi's efforts towards resolving the Ukraine conflict through dialogue and mutual understanding. Meanwhile,…

The Economic Times · Oct 2

Crude Oil Prices Surge on Possible Escalation of US-Iran War

November WTI crude oil (CLX26 ) closed up +2.45 (+2.71%) on Thursday, and November RBOB gasoline (RBX26 ) closed up +0.1421 (+4.36%). Crude oil and gasoline prices settled sharply higher on Thursday as talks between the US and Iran to end the war remain deadlocked, keeping the Strait of Hormuz...

Barchart · Oct 1

Global Supply Risks Underpin Crude Oil Prices

November WTI crude oil (CLX26 ) is up +2.28 (+2.52%) today, and November RBOB gasoline (RBX26 ) is up +0.1014 (+3.11%). Crude oil and gasoline prices are sharply higher today as talks between the US and Iran to end the war remain deadlocked, keeping the Strait of Hormuz from fully...

Barchart · Oct 1

Hormuz Oil Flows Are Near Prewar Levels. Consumers Are Unlikely To See Relief Soon.

Nearly 12.5 million barrels per day moved through the Strait of Hormuz during the week ending September 27, about 1 million barrels below its prewar baseline. But prices are still much higher than then.

International Business Times · Oct 1

India oil refiners change tactics and hire ships to cross Hormuz

Indian oil refiners are now hiring tankers to pick up crude oil within the Persian Gulf. This approach helps cut costs and secure supply chains amid changing geopolitical conditions. Recent Iraqi crude sales are on a free-on-board basis, giving Indian refiners better logistics control. The recovery of oil flows through…

The Economic Times · Oct 1

Strait of Hormuz News: Crude Returns to Prewar Levels, Will Oil Prices Finally Fall?

Crude shipments through the Strait of Hormuz have returned to prewar levels, but diesel and other refined fuel supplies remain severely constrained by refinery damage and shipping disruption.

International Business Times UK · Oct 1