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Indian Gas Tankers Prepare to Sail Through Strait of Hormuz

Mar 20, 2026

Two Indian-flagged liquefied petroleum gas tankers are preparing to sail through the Strait of Hormuz in coming days after a pause in voyages, with no crude oil tankers having transited the waterway in the past 24 hours, according to shipping data and sources.Hundreds of vessels have dropped anchor since Tehran threatened to attack ships attempting to leave the Gulf via the Strait of Hormuz, through which about 20% of global oil and liquefied natural gas flow…

India Defends Propping Up Russian Oil - Prices "would have hit the roof"

Nov 09, 2024

Global oil prices 'would have hit the roof' if big importer India had not bought oil from Russia following the Ukraine war, India's oil minister said, adding that prices would determine where the country buys oil from.India, the world's third largest oil importer and consumer…

Shearwater Scores Deepwater OBN Extension in India

Aug 23, 2024

Shearwater Geoservices announced it has secured a three-month extension to the deepwater ocean bottom node (OBN) survey off the coast of India.The extension builds on an initial six-month scope using the SW Tasman, Sheawater's purpose-built seismic source and dual ROV operations vessel…

China, India Boost Seaborne Thermal Coal Imports as Power Demand Surges

Apr 02, 2024

China and India lifted imports of seaborne thermal coal to three-month highs in March as the world's two biggest buyers took advantage of lower international prices of the fuel to meet strong domestic power demand.China, the world's biggest coal producer and importer…

Asia Crude Imports Surge as China, India Snap Up Russian Oil

Mar 28, 2024

Asia's imports of crude oil are expected to rise to the highest in 10 months as heavyweights China and India lifted arrivals from Russia, but impending maintenance schedules and rising prices mean such levels may not be sustained.The world's top importing region is forecast to see arrivals of 27…

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European stocks are rising, but oil prices remain stable and government bond yields remain high
Shipping data shows that India's HPL is turning to Oman for naphtha due to the disruption caused by the Iran war.
What has been the impact of the Iran War on Middle East countries?
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