Jet fuel crack spread may exceed USD 50 in 2026; airfares may cli

Geopolitical disruption and refinery constraints are impacting jet fuel supply, which raises airline costs and could...

China's Fujian aircraft carrier transits Taiwan Strait

China's newest aircraft carrier, the Fujian, transited the Taiwan Strait on Tuesday, according to Taiwan's Ministry...

Rubio calls out Iranian proxies for threatening regional peace

US Secretary of State Marco Rubio on Tuesday (local time) said that lasting peace and stability in West Asia...

UN agency says major plan underway to evacuate 11,000 seafarers

The UN's International Maritime Organization (IMO) outlined the plan, stating that the initiative would require...

Final resolution of US-Iran talks may take more than 60 days

The final resolution of ongoing US-Iran discussions may take longer than the current 60-day timeline as several...

11 India-bound vessels cross Hormuz, 10 still in Persian Gulf:MEA

"We have ten Indian-flagged vessels still in the Persian Gulf region. In addition, we have two Indian ships which...

What US sanctions relief on Iranian oil means for energy market

The easing of the sanctions regime is for a period of 60 days until August 21, 2026. The waiver will continue...

Trump says 19 million barrels of oil exited Strait of Hormuz

US President Donald Trump claimed a record 19 million barrels of oil flowed through the Strait of Hormuz following...

No real alternative to Middle Eastern LPG for India: S&P Global’

The Middle East remains the most reliable source of LPG supplies for India, and the restoration of flows through the...

Trump claims Iran agreed to inspections, no “further” blockade

US President Donald Trump claimed Iran agreed to long-term nuclear inspections, leading Washington to ease Strait...

Iran's "respect" for US key to peace and resolving war: Trump

US President Donald Trump emphasised that "respect" from Tehran will be the deciding factor in maintaining peace...

Marco Rubio to embark on three-day visit to Middle East

According to a release by the US State Department, Rubio will be travelling to the United Arab Emirates, Kuwait, and...