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Economy

Global Oil Markets Dip Amid Signs of Potential US-Iran De-escalation.

May 25, 2026 at 4:59 AM

Oil prices have dropped to two-week lows following signals of progress in peace negotiations between the U.S. and Iran regarding the Strait of Hormuz.

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Global News
The Hormuz Chokepoint: Assessing the Global Economic Impact of the Current Maritime Crisis
Image Source : bostonherald.com

The Hormuz Chokepoint: Assessing the Global Economic Impact of the Current Maritime Crisis.

May 13, 2026 at 12:04 AM
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Business
Surging Oil Prices Skyrocket Airline Fuel Costs, Threatening Passenger Ticket Prices
Image Source : businessinsider.com

Surging Oil Prices Skyrocket Airline Fuel Costs, Threatening Passenger Ticket Prices.

May 12, 2026 at 9:34 PM
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Economy
Global Oil Markets Tense as US-Iran Ceasefire Negotiations Falter
Image Source : bbc.com

Global Oil Markets Tense as US-Iran Ceasefire Negotiations Falter.

May 12, 2026 at 6:29 AM
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US Accelerates Oil Reserve Release to Combat Global Energy Market Volatility
Image Source : fortune.com
United States•
May 12, 2026 at 6:02 AM

US Accelerates Oil Reserve Release to Combat Global Energy Market Volatility.

In coordination with the IEA, the US Department of Energy is releasing 53.3 million barrels of oil from its Strategic Petroleum Reserve to alleviate supply shortages caused by the blockade of the Strait of Hormuz.

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Global News

Global Oil Markets Retreat as U.S. Halts Strait of Hormuz Escort Initiative.

May 6, 2026 at 11:42 AM

Crude oil prices have dipped, with WTI falling below $100, following President Trump's decision to pause the 'Project Freedom' escort plan in the Strait of Hormuz amid signs of potential diplomatic progress with Iran.

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Global Oil Markets Retreat as U.S. Halts Strait of Hormuz Escort Initiative
Image Credit : irishtimes.com
Economy
Global Oil Markets Soften Following Trump's Pledge to Secure Strait of Hormuz
Image Source : politico.com

Global Oil Markets Soften Following Trump's Pledge to Secure Strait of Hormuz.

May 4, 2026 at 3:02 AM
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Energy
Iraq Shifts to Overland Oil Exports Via Syria Amid Hormuz Blockade
Image Source : latimes.com

Iraq Shifts to Overland Oil Exports Via Syria Amid Hormuz Blockade.

May 2, 2026 at 8:17 PM
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International News
Pakistan Establishes New Overland Transit Corridors to Ease Iran Trade Strains

Pakistan Establishes New Overland Transit Corridors to Ease Iran Trade Strains.

April 30, 2026 at 9:08 AM
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World News•
April 24, 2026 at 12:08 AM

US Military Diverts Iranian Oil Tankers Across Asian Waters Amid Escalating Maritime Standoff.

The U.S. military has intercepted and redirected three Iranian-flagged oil tankers in Asian waters, including near India, Malaysia, and Sri Lanka, as part of an ongoing maritime blockade against Tehran. These actions coincide with rising tensions in the Strait of Hormuz, causing significant disruption to global energy supplies.

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Energy

Geopolitical Tensions Drive India and China into Fierce Competition for Russian Oil.

April 23, 2026 at 9:06 AM

The ongoing Iran war and the effective closure of the Strait of Hormuz have triggered a desperate scramble for Russian crude as both India and China struggle to secure energy supplies amid global shipping disruptions.

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Local News
Sri Lanka and India Advance Plans for Cross-Border Oil Pipeline Project
Image Source : island.lk

Sri Lanka and India Advance Plans for Cross-Border Oil Pipeline Project.

April 20, 2026 at 11:51 PM
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Energy
Global Oil Markets Rally Amidst Stalled US-Iran Diplomacy and Maritime Disruptions
Image Source : cbsnews.com

Global Oil Markets Rally Amidst Stalled US-Iran Diplomacy and Maritime Disruptions.

April 20, 2026 at 3:01 AM
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Economy
Navigating Energy Security: Sri Lanka Urged to Diversify Oil Routes Amid Hormuz Tensions
Image Source : biz.chosun.com

Navigating Energy Security: Sri Lanka Urged to Diversify Oil Routes Amid Hormuz Tensions.

April 19, 2026 at 11:54 PM
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Southeast Asian Nations Pivot to Russian Oil Amid Escalating Energy Supply Crises
Image Source : channelnewsasia.com
World News•
April 19, 2026 at 10:41 AM

Southeast Asian Nations Pivot to Russian Oil Amid Escalating Energy Supply Crises.

Malaysia, Indonesia, and other Southeast Asian nations are actively pursuing Russian oil supplies to stabilize their domestic markets as ongoing geopolitical tensions in the Middle East disrupt global shipping lanes.

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Energy

US Naval Blockade of Iran Ports Escalates Global Energy Supply Tensions.

April 16, 2026 at 11:03 AM

Following failed peace talks, the US has initiated a naval blockade of Iranian ports, threatening to remove approximately 2 million barrels of crude oil per day from global markets.

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US Naval Blockade of Iran Ports Escalates Global Energy Supply Tensions
Image Credit : abcnews.com
Local News
Sri Lanka Secures Fresh Crude Oil Supply Amid Regional Supply Chain Shifts
Image Source : list.lk

Sri Lanka Secures Fresh Crude Oil Supply Amid Regional Supply Chain Shifts.

April 16, 2026 at 10:35 AM
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Economy
Deciphering the Oil Market Divide: Physical Realities Versus Futures Speculation
Image Source : npr.org

Deciphering the Oil Market Divide: Physical Realities Versus Futures Speculation.

April 13, 2026 at 8:24 AM
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Economy
Global Energy Markets Face Slow Recovery Despite Middle East Ceasefire
Image Source : gulfnews.com

Global Energy Markets Face Slow Recovery Despite Middle East Ceasefire.

April 10, 2026 at 5:54 AM
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Global Oil Supply Threatened as Iran Suspends Strait of Hormuz Tanker Transit
Image Source : cnbc.com
International News•
April 8, 2026 at 5:03 PM

Global Oil Supply Threatened as Iran Suspends Strait of Hormuz Tanker Transit.

Iran has suspended oil tanker movement through the critical Strait of Hormuz following intense Israeli military strikes in Lebanon, escalating geopolitical tensions despite recent ceasefire efforts.

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